Market Intelligence Report — IN-780

Washington, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-09
As of the latest 2026 data
Accelerated

Median Listing

$234K
-15.7% YoY

Pending Ratio

0.58
+25.5% YoY

Active Inventory

56
-19.0% YoY

Median DOM

64 Days
+10.4% YoY

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The Washington, IN market is currently in an Accelerated condition. With a pending ratio of 0.58, and a year-over-year increase of 25.5% in pending ratios, demand is demonstrating increased absorption of available inventory. Active listings have contracted by 19.0% year-over-year, contributing to tighter market conditions.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Washington market right now.

The market has experienced a significant contraction in active listings, down 19.0% year-over-year, alongside a 7.7% year-over-year reduction in new listings. While the median listing price declined 15.7% year-over-year, the median $/sqft increased by 4.6% over the same period. The pending ratio saw a notable increase of 25.5% year-over-year, indicating a rising pace of demand absorption despite a shrinking supply of available homes.

James T. Kim
James T. Kim
Independent

“Local pricing and inventory dynamics across Washington shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$234K+3.0% MoM

Active Inventory

56-19.0% YoY

Days on Market

64+10.4% YoY

Sold Score™

67+25.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

67
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The escalating pending ratio and contracting inventory suggest increasing pressure on available listings. Properties are moving at an accelerated pace, which can lead to reduced negotiating flexibility for those seeking to acquire property. Price discipline may be firming due to the rapid absorption of supply.

Luxury Segment

The average listing price decreased by 22.9% year-over-year, while the median listing price declined by 15.7% year-over-year. This disparity, alongside a declining average price, indicates some softening in the higher-priced segments of the market.

Supply Dynamics

56 active listings represent the current floor, with new supply arriving at roughly 24 per month.

Pricing Pressure
19.4%

of active listings carry a price reduction, +4.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.6% year-over-year.

Absorption
0.58

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Washington, IN? Homes here are taking 6 days longer to sell than last year.

Washington, IN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
58%
Median Days on Market
64 days
Inventory YoY
−19%

Washington, IN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score →

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James T. Kim →

Independent

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Metro Demographics

Metro Area
Washington, IN
CBSA Code
47780
State
IN

ZIPs in Washington, IN

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