Is Washington County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Washington County has remained a Seller's Market.
Housing Prices in Washington County, NY
How much do homes in Washington County, NY cost?
Median Sold Price
$211,666
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Washington County was $211,666 in May 2024, up 6.4% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.5K | $127K | -15.1% |
2 Bedrooms | $185.1K | $180K | -2.8% |
3 Bedrooms | $199.5K | $214.6K | +7.6% |
4 Bedrooms | $219.5K | $239K | +8.9% |
5+ Bedrooms | $213.7K | $220K | +2.9% |
Summary: Washington County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Counties
Saratoga County | $385.8K | $411.4K | +6.6% |
Washington County | $199K | $211.6K | +6.4% |
Warren County | $280.7K | $297.4K | +6.0% |
Housing Supply in Washington County, NY
How many homes are available in Washington County, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
216 | 220 | +1.9% |
Summary: The Washington County real estate market had 220 homes for sale in May 2024, a 1.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 33 | 38 | +15.2% |
3 Bedrooms | 103 | 98 | -4.9% |
4 Bedrooms | 48 | 51 | +6.3% |
5+ Bedrooms | 27 | 27 | 0.0% |
Summary: The Washington County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15.2%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 41 | -6.8% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Washington County in May 2024, down by 6.8% month-over-month. Of the 41 sold homes, 56% were sold under asking, 17% were sold at asking, and 27% were sold over asking.
Days on Market for Washington County, NY
How long does it take to sell a home in Washington County, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 65 Days | +39.5% |
Summary: Homes in Washington County had an average of 65 days on market in May 2024, up by 39.5% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Washington County; 51% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.