Is Washington, WV 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 has remained a Buyer's Market.
Housing Prices in Washington, WV
How much do homes in Washington, WV cost?
Median Sold Price
$239,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Washington was $239,000 in March 2024, up 15.6% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $135K | $135K | 0.0% |
3 Bedrooms | $172.5K | $220K | +27.5% |
4 Bedrooms | $284.7K | $294.5K | +3.4% |
5+ Bedrooms | $265K | $249.9K | -5.7% |
Summary: Washington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in Washington, WV
How many homes are available in Washington, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Summary: The Washington real estate market had 21 homes for sale in March 2024, a 23.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Washington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Washington in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Washington, WV
How long does it take to sell a home in Washington, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
166 Days | 64 Days | -61.4% |
Summary: Homes in Washington had an average of 64 days on market in Mar 2024, down by 61.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Washington; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.