Is Washington County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$336,900
$191/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 $336,900 in May 2024, up 5.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $405K | $815K | +101.2% |
2 Bedrooms | $235K | $217.5K | -7.4% |
3 Bedrooms | $306.4K | $316.5K | +3.3% |
4 Bedrooms | $397K | $440K | +10.8% |
5+ Bedrooms | $960K | $935K | -2.6% |
Summary: Washington County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 101.2%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Counties
Lee County | $268.1K | $316.5K | +18.1% |
Washington County | $320K | $336.9K | +5.3% |
Waller County | $322.6K | $325K | +0.7% |
Austin County | $359.9K | $356.7K | -0.9% |
Burleson County | $315K | $278K | -11.7% |
Housing Supply in Washington County, TX
How many homes are available in Washington County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
216 | 234 | +8.3% |
Summary: The Washington County real estate market had 234 homes for sale in May 2024, a 8.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 32 | 35 | +9.4% |
3 Bedrooms | 103 | 105 | +1.9% |
4 Bedrooms | 60 | 70 | +16.7% |
5+ Bedrooms | 17 | 18 | +5.9% |
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 50%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 26 | -27.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Washington County in May 2024, down by 27.8% month-over-month. Of the 26 sold homes, 73% were sold under asking, 15% were sold at asking, and 12% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 65 Days | +124.3% |
Summary: Homes in Washington County had an average of 65 days on market in May 2024, up by 124.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 26 homes were sold in Washington County; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.