Is Washington, WI 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 Buyer'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, WI

How much do homes in Washington, WI cost?

Median Sold Price

$400,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$44,950(-10.1%)

Key Takeaway

Homes in Washington have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in Washington was $400,000 in November 2024, down 10.1% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$124.9K
N/A
2 $288.7K$321.2K
+11.3%
3 $374K$373.8K
-0.1%
4 $517.5K$510K
-1.4%
5+ $650K$669K
+2.9%

Summary: Washington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Cities

Eau Claire
+6.3%
Pleasant Valley
-2.0%
Seymour
-8.0%
Washington
-10.1%

Housing Supply in Washington, WI

How many homes are available in Washington, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5649-12.5%

Summary: The Washington real estate market had 49 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 2422
-8.3%
4 2116
-23.8%
5+ 33
0.0%

Summary: The Washington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
880.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Washington in November 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Washington, WI

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Washington are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 8 homes were sold in Washington; 0% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Washington, WI

Nearby Markets to Washington, WI

What housing markets are near Washington, WI?