Market Intelligence Report — IN-780

Washington, IN

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

Ref. No: 2026-IN-08
As of the latest 2026 data
Accelerated

Median Listing

$227K
-17.4% YoY

Pending Ratio

0.58
+13.8% YoY

Active Inventory

62
+1.6% YoY

Median DOM

67 Days
+9.8% YoY

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The Washington, IN market is currently in an accelerated phase, primarily driven by a pending ratio of 0.58 that is showing significant year-over-year expansion. This indicates that buyer demand is absorbing available inventory at an increasing rate, despite a modest month-over-month price increase of 0.9% in median listing price.

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.

Inventory levels remain constrained, with active listings up only 1.6% over the past year, while new listings have contracted by 12.5% year-over-year. Demand signals are strengthening, evidenced by the pending ratio increasing by 13.8% over the past year. Concurrently, the median listing price has declined by 17.4% over the past year, although the median price per square foot shows a slight increase of 0.9% over the same period.

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

$227K+0.9% MoM

Active Inventory

62+1.6% YoY

Days on Market

67+9.8% YoY

Sold Score™

65+13.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

65
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 rising pending ratio suggests that properties are being absorbed at a faster pace, placing some pressure on available inventory. This environment necessitates prompt action from demand-side participants as supply becomes more limited relative to the pace of pending sales. While price discipline remains important given year-over-year price declines, the increasing absorption rate could embolden sellers.

Luxury Segment

A notable divergence is observed in the higher-price tiers, where the average listing price has declined by 23.3% over the past year, significantly more than the 17.4% decline in the median listing price. This disparity suggests some softening in the luxury segment, despite a generally accelerating market.

Supply Dynamics

62 active listings represent the current floor, with new supply arriving at roughly 28 per month.

Pricing Pressure
22.1%

of active listings carry a price reduction, +8.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.9% 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
67 days
Inventory YoY
+2%

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

Check my home's Sold Score

Talk to a local listing expert covering Washington, IN.

James T. Kim

Independent

How these recommendations are chosen →

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Metro Demographics

Metro Area
Washington, IN
CBSA Code
47780
State
IN

ZIPs in Washington, IN

Sorted by active inventory · click a ZIP for its full report

Vetted Local Practitioners

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Analysis FAQ
  • What is the current market condition in Washington?+

    As of the latest 2026 data, the Washington metro is classified as Accelerated. Pending ratio is 0.58 with median days on market at 67.

  • Are home prices dropping in Washington?+

    Median listing price is $227K, -17.4% year over year. 22.1% of active listings carry a price reduction.

  • How fast are homes selling in Washington?+

    The typical listing sits 67 days on market, a +9.8% change YoY. New listings are arriving at 28 per month.

  • What's happening in the Washington luxury market?+

    A notable divergence is observed in the higher-price tiers, where the average listing price has declined by 23.3% over the past year, significantly more than the 17.4% decline in the median listing price. This disparity suggests some softening in the luxury segment, despite a generally accelerating market.

  • Where can I find a trusted Washington real estate expert?+

    Primpted maintains a vetted registry of Washington agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 47780 · 36mo history