Is Washington County, TN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Washington County is a seller's market


Difference Since November 2022

Since last year, Washington County has remained a Seller's Market.

Key Takeaway

Washington County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Washington County, TN

How much do homes in Washington County, TN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Washington County have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Washington County was $299,948 in November 2023, up 5.2% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $142.8K$164K
2 $170K$185K
3 $274.9K$296.2K
4 $399.2K$399.9K
5+ $566.9K$613K

Summary: Washington County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Counties

Sullivan County
Carter County
Greene County
Unicoi County
Washington County

Housing Supply in Washington County, TN

How many homes are available in Washington County, TN?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Washington County real estate market had 514 homes for sale in November 2023, a 2.6% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 32
2 86102
3 269283
4 10689
5+ 3738

Summary: The Washington County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 2.7%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington County, you may be able to get a good deal. 43.7% of homes here sold below asking price last month.

Summary: A total of 126 homes were sold or pending in Washington County in November 2023, down by 6.0% month-over-month. Of the 126 sold homes, 44% were sold under asking, 30% were sold at asking, and 26% were sold over asking.

Days on Market for Washington County, TN

How long does it take to sell a home in Washington County, TN?

Average Sale Time

Nov 2022Nov 2023CHANGE
48 Days51 Days+6.1%

Summary: Homes in Washington County had an average of 51 days on market in Nov 2023, up by 6.1% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

79 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Washington County has remained consistent over time.

Summary: During November 2023, 126 homes were sold in Washington County; 21% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Washington County, TN

Nearby Markets to Washington County, TN

What housing markets are near Washington County, TN?