The Washington housing market is very competitive. Homes in Washington receive 5 offers on average and sell in around 28 days. The median sale price of a home in Washington was $315K last month, down 0.83% since last year. The median sale price per square foot in Washington is $207, up 9.8% since last year.
What is the housing market like in Washington today?
In March 2024, Washington home prices were down 0.83% compared to last year, selling for a median price of $315K. On average, homes in Washington sell after 28 days on the market compared to 23 days last year. There were 270 homes sold in March this year, up from 264 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$315,000
-0.83% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Washington, VA
$315,000
-0.83%
United States
To compare other locations to the Washington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chesapeake add value to a home.
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How hot is the Washington housing market?
Washington is very competitive. Homes sell in 25 days.
0
100
71
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 25 days.
Hot homes
can sell for about 3% above list price and go pending in around 13 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Rosemont Forest Elementary School
Public • PreK-5
523
Students
13 reviews
8/10
Tallwood Elementary School
Public • PreK-5
605
Students
7 reviews
8/10
New Castle Elementary School
Public • PreK-5
745
Students
11 reviews
8/10
Salem Elementary School
Public • PreK-5
495
Students
9 reviews
7/10
Fairfield Elementary School
Public • PreK-5
550
Students
11 reviews
Only showing 5 of
35 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Washington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Washington.
Risk Factor
Flood Factor - Moderate
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Washington has a moderate risk of flooding. 2,544 properties in Washington are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in Washington. Flood risk is increasing faster than the national average.
37% of properties are at risk of wildfire over the next 30 years
Fire Factor
Washington has a moderate risk of wildfire. There are 10,524 properties in Washington that have some risk of being affected by wildfire over the next 30 years. This represents 37% of all properties in Washington.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Washington has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Washington is most at risk from hurricanes. 27,869 properties in Washington have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 128 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 141 mph.