Market Intelligence Report — NC-820

Washington, NC

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

Ref. No: 2026-NC-09
As of the latest 2026 data
Cooling

Median Listing

$401K
-7.4% YoY

Pending Ratio

0.34
+3.7% YoY

Active Inventory

177
-8.5% YoY

Median DOM

71 Days
-18.2% YoY

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The Washington, NC market is cooling, characterized by a pending ratio of 0.34. Active listings have contracted by 8.5% year-over-year, while the median listing price has seen a 7.4% year-over-year decline to $400,500.

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 dynamics show a decrease in active listings by 8.5% year-over-year, despite new listings increasing by 17.4% over the same period. Pricing trends indicate a decline, with the median listing price down 7.4% year-over-year. Demand, as evidenced by the pending ratio, remains at 0.34, although it has seen a 3.7% increase year-over-year from a lower base.

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

$401K+6.8% MoM

Active Inventory

177-8.5% YoY

Days on Market

71-18.2% YoY

Sold Score™

40+3.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

40
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

Negotiating leverage is shifting towards a slower pace of transactions, as indicated by the cooling condition. The increase in median days on market to 71 suggests less urgency, while a price-reduced share of 18.5% points to greater price sensitivity and the need for price discipline.

Luxury Segment

The average listing price has declined by 12.0% year-over-year, outpacing the median listing price's 7.4% decline, suggesting some softness in the higher price tiers. Additionally, the median $/sqft has decreased by 5.1% year-over-year.

Supply Dynamics

177 active listings represent the current floor, with new supply arriving at roughly 54 per month.

Pricing Pressure
18.5%

of active listings carry a price reduction, -1.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.1% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Washington, NC? Homes here are taking 16 days less to sell than last year.

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
34%
Median Days on Market
71 days
Inventory YoY
−9%

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

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