Is Washington, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington is a neutral's market

Buyer's
Market

Difference Since November 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

$235,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,312(+9.5%)

Key Takeaway

Homes in Washington have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Washington was $235,000 in November 2024, up 9.5% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $63K$75K
+19.0%
2 $148K$137K
-7.4%
3 $220K$237.4K
+7.9%
4 $290K$362K
+24.8%
5+ $360K$415K
+15.3%

Summary: Washington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Cities

North Franklin Township
+17.3%
Washington
+9.5%
East Washington
+3.9%
Canton Township
+3.3%
South Strabane Township
-0.4%

Housing Supply in Washington, PA

How many homes are available in Washington, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
181193+6.6%

Summary: The Washington real estate market had 193 homes for sale in November 2024, a 6.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 4651
+10.9%
3 8491
+8.3%
4 3736
-2.7%
5+ 1414
0.0%

Summary: The Washington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3228-12.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Washington in November 2024, down by 12.5% month-over-month. Of the 28 sold homes, 46% were sold under asking, 39% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
38 Days52 Days+37.6%

Summary: Homes in Washington had an average of 52 days on market in Nov 2024, up by 37.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 28 homes were sold in Washington; 36% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 7% 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 21 Days Ago

Newest Listings in Washington, PA

Nearby Markets to Washington, PA

What housing markets are near Washington, PA?