$1,722 Closing Credit*
$145,000
1,616 SqFt
3 Beds
•2 Full Baths
Carson Nutter, Listing Office: Coldwell Banker Realty
Is Washington, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Washington was a Seller's Market.
Key Takeaway
Washington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Washington, PA
How much do homes in Washington, PA cost?
Median Sold Price
$228,125
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,125(+6.1%)
Key Takeaway
Homes in Washington have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Washington was $228,125 in October 2024, up 6.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63K | $75K | +19.0% |
| 2 Bedrooms | $152K | $136K | -10.5% |
| 3 Bedrooms | $220.1K | $235K | +6.8% |
| 4 Bedrooms | $300K | $342.4K | +14.1% |
| 5+ Bedrooms | $365K | $400K | +9.6% |
Summary: Washington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| North Franklin Township | $209K | $228.5K | +9.3% |
| Washington | $215K | $228.1K | +6.1% |
| Canton Township | $220.1K | $225K | +2.2% |
| South Strabane Township | $269.5K | $268.5K | -0.4% |
Housing Supply in Washington, PA
How many homes are available in Washington, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 187 | 188 | +0.5% |
Summary: The Washington real estate market had 188 homes for sale in October 2024, a 0.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 39 | 46 | +17.9% |
| 3 Bedrooms | 98 | 90 | -8.2% |
| 4 Bedrooms | 34 | 38 | +11.8% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Washington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 17.9%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 30 | -30.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Washington in October 2024, down by 30.2% month-over-month. Of the 30 sold homes, 63% were sold under asking, 7% were sold at asking, and 30% were sold over asking.
Days on Market for Washington, PA
How long does it take to sell a home in Washington, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 48 Days | +50.6% |
Summary: Homes in Washington had an average of 48 days on market in Oct 2024, up by 50.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were 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, 30 homes were sold in Washington; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.