Is Washington County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Washington County was a Seller's Market.
Housing Prices in Washington County, TX
How much do homes in Washington County, TX cost?
Median Sold Price
$323,829
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Washington County was $323,829 in February 2024, up 2.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $253.8K | $815K | +221.1% |
2 Bedrooms | $231.5K | $254.8K | +10.1% |
3 Bedrooms | $306.9K | $313K | +2.0% |
4 Bedrooms | $430K | $390K | -9.3% |
5+ Bedrooms | $1.1M | $448.3K | -62.5% |
Summary: Washington County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 221.1%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 62.5%.
Median Sold Price Compared To Nearby Counties
Lee County | $264K | $307.4K | +16.5% |
Washington County | $317K | $323.8K | +2.2% |
Austin County | $362K | $358.5K | -1.0% |
Waller County | $330K | $312.2K | -5.4% |
Burleson County | $330.7K | $255K | -22.9% |
Housing Supply in Washington County, TX
How many homes are available in Washington County, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
150 | 165 | +10.0% |
Summary: The Washington County real estate market had 165 homes for sale in February 2024, a 10.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 13 | 17 | +30.8% |
3 Bedrooms | 79 | 89 | +12.7% |
4 Bedrooms | 49 | 47 | -4.1% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Washington County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
17 | 11 | -35.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Washington County in February 2024, down by 35.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.
Days on Market for Washington County, TX
How long does it take to sell a home in Washington County, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
58 Days | 64 Days | +9.8% |
Summary: Homes in Washington County had an average of 64 days on market in Feb 2024, up by 9.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in Washington County; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.