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Real estate market overview

Overview & Ratings

Get to know Washington

Get to know Washington. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Washington real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore Washington without having to leave home.

The median home price in Washington for the week end on May 29th 2020 was $537,400 compared to $1,424, the median rent. Unemployment sits at 8.0% as of May 29th 2020. The population of Washington is 672,391. The median age of the locals is 33.9.

THE NUMBERS

Bachelor's degree or higher
Median monthly rent
Estimated housing units
Median age
Median household income
Population

Data from 2012-2017 census for Washington

Market Trends

Single Family Homes
Condo/Townhome

In the past week, single family homes in Washington sold on average for $912,500 and spent 113 days on the market. In Washington, the inventory of 292 experienced a 8% relisting. The average price per square foot was $367.

In the past week, condo/townhomes in Washington sold on average for $686,975 and spent 87 days on the market. In Washington, the inventory of 1,036 experienced a 12% relisting. The average price per square foot was $555.

Population Trends

As previously noted, the population of Washington is 672,391 and the median age is 33.9. Among Washington residents, there is a homeowner vacancy rate of 1.6% and a rental vacancy rate of 5.9% from a total of 308,161 units.

School Info

Washington has 308 schools. Each school is rated by key indicators like test scores, academic progress, college readiness, student-teacher ratio and more. These scores will help you compare the best schools in Washington.

Washington, DC

Data provided by GREAT SCHOOLS

Total Schools
Elementary Schools
Middle Schools
High Schools
Private Schools
Public Schools
Charter Schools
PreK Schools

All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Data Provided by Altos and Census Bureau

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