Market Intelligence Report — NC-820

Washington, NC

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

Ref. No: 2026-NC-08
As of the latest 2026 data
Cooling

Median Listing

$375K
-6.5% YoY

Pending Ratio

0.28
-8.2% YoY

Active Inventory

174
-9.8% YoY

Median DOM

86 Days
+3.6% YoY

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The Washington, NC market is currently classified as Cooling, with a pending ratio of 0.28 indicating demand absorption is lagging supply. This is further evidenced by a year-over-year decline in the pending ratio of 8.2%.

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.

Active listings have contracted by 9.8% over the past year, while new listings decreased more sharply by 28.6% year-over-year. The median listing price has experienced declines, down 6.5% year-over-year, alongside a 4.3% year-over-year decrease in median $/sqft. Median days on market increased by 3.6% over the past year, reaching 86 days.

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

$375K-5.2% MoM

Active Inventory

174-9.8% YoY

Days on Market

86+3.6% YoY

Sold Score™

39-8.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
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

With a pending ratio of 0.28, inventory is accumulating relative to demand, placing pressure on price discipline. The prolonged median days on market and the notable share of price reductions suggest a more measured pace in transaction activity, allowing for greater consideration by demand-side participants.

Luxury Segment

While the median listing price declined year-over-year by 6.5%, the average listing price increased by 2.1% over the same period. This divergence, coupled with a median $/sqft decline of 4.3% year-over-year, suggests some price resilience or increased inventory composition at the upper tier, but without further detail, it is not a strong luxury-segment signal.

Supply Dynamics

174 active listings represent the current floor, with new supply arriving at roughly 40 per month.

Pricing Pressure
22.9%

of active listings carry a price reduction, +4.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -4.3% year-over-year.

Absorption
0.28

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Washington, NC? Buyer Demand Index is running at 28%.

Buyers have leverage in Washington, NC. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
28%
Median Days on Market
86 days
Inventory YoY
−10%

In a buyer's market, strategy beats timing. See how your home scores in Washington, NC and what moves the number.

See my Sold Score & selling strategy

Talk to a listing expert who is actively selling in Washington, NC.

James T. Kim

Independent

How these recommendations are chosen →

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Metro Demographics

Metro Area
Washington, NC
CBSA Code
47820
State
NC

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 Cooling. Pending ratio is 0.28 with median days on market at 86.

  • Are home prices dropping in Washington?+

    Median listing price is $375K, -6.5% year over year. 22.9% of active listings carry a price reduction.

  • How fast are homes selling in Washington?+

    The typical listing sits 86 days on market, a +3.6% change YoY. New listings are arriving at 40 per month.

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

    While the median listing price declined year-over-year by 6.5%, the average listing price increased by 2.1% over the same period. This divergence, coupled with a median $/sqft decline of 4.3% year-over-year, suggests some price resilience or increased inventory composition at the upper tier, but without further detail, it is not a strong luxury-segment signal.

  • 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 47820 · 36mo history