Is Washington County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Washington County has remained a Seller's Market.
Housing Prices in Washington County, PA
How much do homes in Washington County, PA cost?
Median Sold Price
$245,388
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Washington County was $245,388 in March 2024, up 2.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.5K | $67.5K | -10.6% |
2 Bedrooms | $137.2K | $137.1K | -0.1% |
3 Bedrooms | $229.8K | $235K | +2.2% |
4 Bedrooms | $421.5K | $409.1K | -2.9% |
5+ Bedrooms | $551.2K | $535K | -2.9% |
Summary: Washington County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.6%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Counties
Allegheny County | $227.3K | $234.9K | +3.4% |
Greene County | $160.8K | $166K | +3.2% |
Washington County | $239.2K | $245.3K | +2.6% |
Fayette County | $162.4K | $160.5K | -1.2% |
Brooke County | $130K | $125K | -3.8% |
Housing Supply in Washington County, PA
How many homes are available in Washington County, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
642 | 710 | +10.6% |
Summary: The Washington County real estate market had 710 homes for sale in March 2024, a 10.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 11 | +120.0% |
2 Bedrooms | 123 | 122 | -0.8% |
3 Bedrooms | 320 | 357 | +11.6% |
4 Bedrooms | 149 | 166 | +11.4% |
5+ Bedrooms | 45 | 54 | +20.0% |
Summary: The Washington County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 120%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
101 | 144 | +42.6% |
Asking Price vs. Sold Price
73 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 144 homes were sold or pending in Washington County in March 2024, up by 42.6% month-over-month. Of the 144 sold homes, 51% were sold under asking, 23% were sold at asking, and 26% were sold over asking.
Days on Market for Washington County, PA
How long does it take to sell a home in Washington County, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 47 Days | -25.7% |
Summary: Homes in Washington County had an average of 47 days on market in Mar 2024, down by 25.7% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During March 2024, 144 homes were sold in Washington County; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.