Is Washington County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Washington County has remained a Seller's Market.
Housing Prices in Washington County, FL
How much do homes in Washington County, FL cost?
Median Sold Price
$245,990
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Washington County was $245,990 in May 2024, up 10.6% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | $72.9K | -37.6% |
2 Bedrooms | $150.2K | $142.6K | -5.0% |
3 Bedrooms | $230K | $246K | +7.0% |
4 Bedrooms | $299K | $274K | -8.4% |
5+ Bedrooms | $374.9K | $491.7K | +31.1% |
Summary: Washington County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.6%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 31.1%.
Median Sold Price Compared To Nearby Counties
Jackson County | $190.3K | $219.5K | +15.3% |
Holmes County | $187K | $207.5K | +11.0% |
Washington County | $222.5K | $245.9K | +10.6% |
Walton County | $600.7K | $617.3K | +2.8% |
Bay County | $399.5K | $399.7K | 0.0% |
Housing Supply in Washington County, FL
How many homes are available in Washington County, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
138 | 133 | -3.6% |
Summary: The Washington County real estate market had 133 homes for sale in May 2024, a 3.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 16 | 15 | -6.3% |
3 Bedrooms | 81 | 76 | -6.2% |
4 Bedrooms | 34 | 31 | -8.8% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Washington County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 25 | +31.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Washington County in May 2024, up by 31.6% month-over-month. Of the 25 sold homes, 44% were sold under asking, 44% were sold at asking, and 12% were sold over asking.
Days on Market for Washington County, FL
How long does it take to sell a home in Washington County, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 56 Days | +82.5% |
Summary: Homes in Washington County had an average of 56 days on market in May 2024, up by 82.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in Washington County; 60% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.