Is Washington County, NY 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 December 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, NY

How much do homes in Washington County, NY cost?

Median Sold Price

$229,073

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$28,948(+14.5%)

Key Takeaway

Homes in Washington County have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Washington County was $229,073 in December 2024, up 14.5% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $131.5K$150K
+14.1%
2 $166.5K$204.2K
+22.6%
3 $208K$233.2K
+12.2%
4 $227K$217K
-4.4%
5+ $189.9K$245K
+29.0%

Summary: Washington County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 29%.

Median Sold Price Compared To Nearby Counties

Washington County
+14.5%
Warren County
+5.4%
Saratoga County
+5.0%

Housing Supply in Washington County, NY

How many homes are available in Washington County, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
284226-20.4%

Summary: The Washington County real estate market had 226 homes for sale in December 2024, a 20.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 88
0.0%
2 3227
-15.6%
3 144105
-27.1%
4 5746
-19.3%
5+ 4340
-7.0%

Summary: The Washington County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.6%, 3 bedroom homes decreased by 27.1%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes decreased by 7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
6446-28.1%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

10 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. 56.5% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in Washington County in December 2024, down by 28.1% month-over-month. Of the 46 sold homes, 57% were sold under asking, 22% were sold at asking, and 22% 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

Dec 2023Dec 2024CHANGE
36 Days23 Days-35.9%

Summary: Homes in Washington County had an average of 23 days on market in Dec 2024, down by 35.9% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Washington County are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 46 homes were sold in Washington County; 78% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 9% 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 7 Days Ago

Newest Listings in Washington County, NY

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