Is Washington County, PA 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 October 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, PA

How much do homes in Washington County, PA cost?

Median Sold Price

$258,989

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,719(+7.8%)

Key Takeaway

Homes in Washington County have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Washington County was $258,989 in October 2024, up 7.8% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $57K$72K
+26.3%
2 $141.3K$130K
-8.0%
3 $229.5K$249.8K
+8.8%
4 $403.1K$425K
+5.4%
5+ $535K$645K
+20.6%

Summary: Washington County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.3%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Counties

Brooke County
+21.3%
Washington County
+7.8%
Allegheny County
+4.9%
Fayette County
+1.4%
Greene County
0.2%

Housing Supply in Washington County, PA

How many homes are available in Washington County, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
821889+8.3%

Summary: The Washington County real estate market had 889 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 88
0.0%
2 138165
+19.6%
3 410425
+3.7%
4 194212
+9.3%
5+ 7179
+11.3%

Summary: The Washington County 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 increased by 19.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 11.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
162152-6.2%

Asking Price vs. Sold Price

81 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

48 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. 53.3% of homes here sold below asking price last month.

Summary: A total of 152 homes were sold or pending in Washington County in October 2024, down by 6.2% month-over-month. Of the 152 sold homes, 53% were sold under asking, 15% were sold at asking, and 32% were sold over asking.

Days on Market for Washington County, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days41 Days+20.7%

Summary: Homes in Washington County had an average of 41 days on market in Oct 2024, up by 20.7% compared to last year.

Breakdown of Home Sale Times

83 Homes Were Sold
Under 30 Days

50 Homes Were Sold
In 30 - 90 Days

19 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 October 2024, 152 homes were sold in Washington County; 55% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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 20 Days Ago

Newest Listings in Washington County, PA

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