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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington County is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Washington County has remained a Buyer's Market.

Key Takeaway

Washington County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Washington County, FL

How much do homes in Washington County, FL cost?

Median Sold Price

$239,990

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,990(+3.9%)

Key Takeaway

Homes in Washington County have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Washington County was $239,990 in October 2024, up 3.9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $83.5K$116K
+38.9%
2 $140K$179.9K
+28.5%
3 $244K$225.4K
-7.6%
4 $270K$255K
-5.6%
5+ $454.7K$469K
+3.1%

Summary: Washington County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.9%, 2 bedroom homes increased by 28.5%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Counties

Holmes County
+15.8%
Washington County
+3.9%
Walton County
+3.1%
Jackson County
+1.3%
Bay County
0.0%

Housing Supply in Washington County, FL

How many homes are available in Washington County, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
110104-5.5%

Summary: The Washington County real estate market had 104 homes for sale in October 2024, a 5.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2118
-14.3%
3 5861
+5.2%
4 2519
-24.0%
5+ 55
0.0%

Summary: The Washington County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2210-54.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Washington County in October 2024, down by 54.5% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for Washington County, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days98 Days+579.9%

Summary: Homes in Washington County had an average of 98 days on market in Oct 2024, up by 579.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Washington County has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Washington County; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% 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 4 Days Ago

Newest Listings in Washington County, FL

Nearby Markets to Washington County, FL

What housing markets are near Washington County, FL?