Metropolitan market · North Carolina · September 2026 data

What is the Washington, NC real estate market doing?

As of September 2026, the median home listed in Washington, NC asks $400,500, down 7.4% year over year. Homes spend a median of 71 days on market, with 177 active listings and 18% carrying a price cut; pending contracts equal 34% of active listings, and inventory sits at 70% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$400,500
▼ 7.4% YoY
Median $ / sq ft
$187
2,111 sq ft median
Median days on market
71
September 2026
Active listings
177
For sale now
New listings
54
September 2026
Listings with price cuts
18%
Share of active
Inventory vs 2019
70%
Same month, 2019 = 100
Pending / active
34%
Contract activity
Median sale price (closed)
$320,000
▲ 2.5% YoY · closed sales · July 2026
Sale-to-list ratio
96.3%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
21
Closed sales · July 2026, seasonally adjusted

What is the Washington, NC housing market doing right now?

The Washington, NC housing market lists at a $400,500 median as of September 2026, down 7.4% year over year, with a 71-day median market time and 177 homes for sale (18% with a price cut). Active inventory is 70% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.

Washington housing market statistics

The table summarizes Washington's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Washington.

Washington, NC housing market at a glance — September 2026
MetricLatestDetail
Median listing price$400,500-7.4% YoY
Median price per sq ft$1872,111 sq ft median
Median days on market71-18% YoY
Active listings177-9% YoY
New listings this month54September 2026
Listings with a price cut18%Share of active
Median sale price (closed)$320,000+2.5% YoY · closed sales, July 2026
Sale-to-list ratio96.3%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio34.5%61 pending
Inventory vs 201970%Active listings vs same month in 2019

How have home prices changed in Washington?

Washington home prices are down 7.4% year over year and +6.8% month over month as of September 2026, at a $400,500 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$455K$433K$412K$391K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Washington NC · trailing 8 quarters · source: public records and industry data.

The 10-year view
$439K$392K$344K$297K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Washington NC · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Washington?

Washington has 177 active listings, 54 new this month, 61 pending as of September 2026. About 18% of active listings have cut their price, and inventory sits at 70% of its 2019 level — a balanced market by pace.

Active listings
177
New this month
54
Pending
61
Price-reduced
32

Is Washington a good real estate investment?

Washington scores 42/100 on WealthyBud's composite Investor Score, ranking #613 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
42/100
#613 of 933 covered metros
12-month outlook
+1.9%
Flat · model output, not advice
Momentum
69
Value
15
Rental yield
9
Supply risk
27
Market heat
34

Washington scores 42/100 on our composite Investor Score (#613 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 70% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 7.4% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Washington ranks on the trending markets index.

How much is a monthly mortgage payment in Washington?

A home at Washington's $400,500 median listing runs about $2,192 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,979/mo
−$213/mo vs today
At today's rate · 7.28%
$2,192/mo
National weekly average
If rates rise 1% · 8.28%
$2,414/mo
+$222/mo vs today

Principal & interest on the $400,500 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Washington?

To buy Washington’s $400,500 median listing with 20% down, a household needs about $104,000 a year in gross income, keeping principal, interest and property tax ($2,426/mo) at 28% of income. That is 1.8× the area’s $57,997 median household income, so a typical Washington household cannot afford the median listing on these terms.

Income needed to buy the median home in Washington, NC — September 2026
ItemAmountBasis
Median listing price$400,500September 2026
Down payment (20%)$80,100Assumption
Principal & interest (7.28%, 30-yr fixed)$2,192/moRate as of 2026-10-01
Property tax (0.70% effective rate)$234/moCensus ACS
Income needed (28% rule)$104,000Gross household income / yr
Median household income$57,997Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Washington housing market?

Longer-run demand in Washington shows up in 119 homes permitted in 2025; net migration of +149 residents. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
119
▼ 44.9% vs 2024
2.7 per 1,000 residents
Net migration (2022–2023)
+149
▲ people, via tax-return records
net income flow +$8.51M/yr
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Hurricane

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Washington housing market FAQ

What is the median home price in Washington?
As of September 2026, the median listing price in Washington, NC is $400,500, down 7.4% year over year (source: public records and industry data). Figures cover the Washington, NC metro area.
How much does it cost to buy a home in Washington?
The median home listed in Washington asks $400,500 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,192 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Washington?
The median property in Washington spends 71 days on the market, with 177 homes actively listed and 18% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Washington?
With a median 71 days on market and 18% of active listings carrying a price cut, pending contracts at 34% of active listings, Washington reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Washington a good place to invest in real estate?
Washington scores 42/100 on WealthyBud's Investor Score, ranking #613 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Washington?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Washington and the wider North Carolina market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Washington, NC metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More North Carolina housing markets

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.