Is Washington County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Washington County was a Neutral Market.
Housing Prices in Washington County, KY
How much do homes in Washington County, KY cost?
Median Sold Price
$232,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington County was $232,000 in April 2024, up 28.4% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $176.2K | +120.3% |
2 Bedrooms | $162.1K | $125K | -22.9% |
3 Bedrooms | $172.5K | $241.2K | +39.9% |
4 Bedrooms | $203.8K | $300K | +47.2% |
5+ Bedrooms | - | $169.5K | N/A |
Summary: Washington County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 120.3%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes increased by 39.9%, 4 bedroom homes increased by 47.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Washington County | $180.7K | $232K | +28.4% |
Nelson County | $240K | $255.3K | +6.4% |
Anderson County | $229.9K | $242.5K | +5.5% |
Mercer County | $220K | $229.5K | +4.3% |
Marion County | $210K | $215K | +2.4% |
Housing Supply in Washington County, KY
How many homes are available in Washington County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Summary: The Washington County real estate market had 31 homes for sale in April 2024, a 24.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 6 | 10 | +66.7% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Washington County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Washington County in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Washington County, KY
How long does it take to sell a home in Washington County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 13 Days | -67.5% |
Summary: Homes in Washington County had an average of 13 days on market in Apr 2024, down by 67.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Washington County; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.