Washington, NC Home Values & Market Trends
Real estate market trends reflect that there have been 396 transactions over the past year in Washington. The median value for residential home transactions that occurred over the previous year is $196,839.37. The number of current listings in Washington is 41, and the percentage of properties for sale in the city is 41.00%. Washington, NC currently has 9 properties in foreclosure, 4 bank owned properties, 0 properties headed for auction, and 41 properties for sale.
Washington, NC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 27889 | $ 316,427 $ 142/sqft |
Housing Market Summary for Washington, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $241.2K | $202.7K | -15.95% |
| Median Sold Price | $75,000 | $202.7K | 170.30% |
| Homes For Sale | 36 | 40 | 11.11% |
| Homes Sold | 7 | 192 | 2642.86% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Washington, NC
Browse Homes in Washington, NC
Washington home values range from $13,510 to $3,423,840. The median estimated value of a home in Washington is $196,839.37. The median list price of a home is 350,000, and the total count of properties in the city is 9,165.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Washington, NC with 27889 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Washington, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $456,626 in 27889 to the lowest home value of $57,000 in 27889.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Washington, NC ranges from the highest value of $314,499 in 27889 to the lowest value of $71,000 in 27889. Bank owned homes and properties account for 0.04% of properties in Washington, NC. There is 1 zips within Washington, NC; 27889 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Washington, NC. Auction homes and other auction properties account for 0% of all properties in Washington, NC. There is 1 zips within Washington, NC; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Washington, NC
Guide for Washington, NC
North Carolina Foreclosure Laws
The Washington DC real estate market from 2023-2024 underwent alternating trends with volatility in average property values and prices per square foot. Yet, an ascending movement in average sold prices and average sold prices per square foot emerged, along with a steady rise in the sales count, indicating a thriving market scenario.
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