$2,280 Closing Credit*
$192,000
1,233 SqFt
3 Beds
•2 Full Baths
#100476817, Listing Office: Coldwell Banker Sea Coast Advantage - Washington
Is Washington, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Washington has remained a Seller's Market.
Key Takeaway
Washington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Washington, NC
How much do homes in Washington, NC cost?
Median Sold Price
$275,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,000(+13.6%)
Key Takeaway
Homes in Washington have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Washington was $275,000 in October 2024, up 13.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $119K | N/A |
| 2 Bedrooms | $158.5K | $177.4K | +12.0% |
| 3 Bedrooms | $239.9K | $266.5K | +11.1% |
| 4 Bedrooms | $275.9K | $356K | +29.0% |
| 5+ Bedrooms | $315K | $350K | +11.1% |
Summary: Washington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Long Acre Township | $251K | $307.5K | +22.5% |
| Washington Township | $240K | $275K | +14.6% |
| Washington | $242K | $275K | +13.6% |
| Chocowinity Township | $422.5K | $465K | +10.1% |
| Pantego Township | $260K | $252.4K | -2.9% |
Housing Supply in Washington, NC
How many homes are available in Washington, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 | 103 | -2.8% |
Summary: The Washington real estate market had 103 homes for sale in October 2024, a 2.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 68 | 62 | -8.8% |
| 4 Bedrooms | 19 | 24 | +26.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Washington 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 6.7%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Washington in October 2024, down by 5.0% month-over-month. Of the 19 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% were sold over asking.
Days on Market for Washington, NC
How long does it take to sell a home in Washington, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 28 Days | +15.8% |
Summary: Homes in Washington had an average of 28 days on market in Oct 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Washington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Washington; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.