Is Washington County, LA 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 November 2023

Since last year, Washington County has remained a Seller'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, LA

How much do homes in Washington County, LA cost?

Median Sold Price

$167,900

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,900(+8.3%)

Key Takeaway

Homes in Washington County have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Washington County was $167,900 in November 2024, up 8.3% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $182K$155K
-14.8%
2 $90K$76.5K
-15.0%
3 $154.2K$175K
+13.5%
4 $229K$228.3K
-0.3%
5+ $177.5K$172.4K
-2.8%

Summary: Washington County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.8%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Counties

Pearl River County
+27.0%
Washington County
+8.3%
Saint Tammany County
+2.5%
Tangipahoa County
+1.8%

Housing Supply in Washington County, LA

How many homes are available in Washington County, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
122117-4.1%

Summary: The Washington County real estate market had 117 homes for sale in November 2024, a 4.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1818
0.0%
3 7569
-8.0%
4 2323
0.0%
5+ 57
+40.0%

Summary: The Washington County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1522+46.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 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. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Washington County in November 2024, up by 46.7% month-over-month. Of the 22 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.

Days on Market for Washington County, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days86 Days+46.7%

Summary: Homes in Washington County had an average of 86 days on market in Nov 2024, up by 46.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

9 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 November 2024, 22 homes were sold in Washington County; 23% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 41% 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 17 Days Ago

Newest Listings in Washington County, LA

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