Washington County Home Prices & Values

$167,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1% 1-year change
  • 4.0% 1-year forecast

The median home value in Washington County is $167,100. Washington County home values have gone up 3.1% over the past year and Zillow predicts they will rise 4.0% within the next year. The median list price per square foot in Washington County is $111, which is higher than the Hagerstown Metro average of $107. The median price of homes currently listed in Washington County is $184,900 while the median price of homes that sold is $169,925. The median rent price in Washington County is $900, which is lower than the Hagerstown Metro median of $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Washington County 10.0 homes are foreclosed (per 10,000). This is greater than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Washington County is 8.2%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Washington County homeowners underwater on their mortgage is 27.0%.

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Relative ZHVI
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Washington County Market Overview

Data through Jul 31, 2014
  • $167,100 ZHVI
  • 4.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $184,900 Median listing price
  • $169,925 Median sale price
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Washington County Market Health

Data through Jul 31, 2014
  • 1.3/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 112 Average days on Zillow (Jun 30, 2014)
  • 27.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

10 homes Washington County
4.4 homes United States
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Cities in Washington County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Saint James $237,500 Paramount-Long Meadow $235,200 Fountainhead-Orchard Hills $203,000
Clear Spring $193,600 Williamsport $182,100 Maugansville $158,400
Halfway $152,500 Wilson-Conococheague $146,100 Hagerstown $124,100

Listings & Sales

Data through Jul 31, 2014
  • $111 Median list price / sq ft
  • $114 Median sale price / sq ft
  • 42.8% Listings with price cut
25.4%
Sold below listing
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Washington County Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,177 Washington County
$1,175 Hagerstown Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $900 Rent list price
  • $0.73 Rent list price / sq ft
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