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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Washington County was a Buyer'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, GA

How much do homes in Washington County, GA cost?

Median Sold Price

$115,000

$79/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$47,500(-29.2%)

Key Takeaway

Homes in Washington County have sold for 29.2% less than they did a month ago.

Summary: The median home sold price in Washington County was $115,000 in March 2024, down 29.2% from last month, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $350K$127.5K
-63.6%
3 $143K$107.5K
-24.8%
4 $159K$344.5K
+116.7%
5+ --
N/A

Summary: Washington County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 63.6%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes did not change.

Housing Supply in Washington County, GA

How many homes are available in Washington County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4448+9.1%

Summary: The Washington County real estate market had 48 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2425
+4.2%
4 1114
+27.3%
5+ 12
+100.0%

Summary: The Washington County 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 decreased by 12.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 88.9% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Washington County in March 2024, up by 50.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.

Days on Market for Washington County, GA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
56 Days103 Days+84.5%

Summary: Homes in Washington County had an average of 103 days on market in Mar 2024, up by 84.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Washington County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 9 homes were sold in Washington County; 22% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 56% 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 28 Days Ago

Newest Listings in Washington County, GA

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What housing markets are near Washington County, GA?