Washington Township Housing Market Report January 2025•Erie County, Pennsylvania

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Housing Prices in Washington Township, PA

How much do homes in Washington Township, PA cost?

Housing Market Conditions

Is Washington Township, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Washington Township is a Seller's Market

Difference Since January 2024

Since last year, Washington Township has remained a Seller's Market.

Insight

Washington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$245,000$153/SqFt
+$28,499
+13.2%

Based on all homes sold in the last 12 months

Insight

Homes in Washington Township have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Washington Township was $245,000 in January 2025, up 13.2% from last year, and the median price per square foot was $153.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Franklin Township
+25.6%
Washington Township
+13.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$73.5K$75K
+2.0%
2$149.9K$139.9K
-6.6%
3$225K$245K
+8.9%
4$290K$358.5K
+23.6%
5$345K$427.5K
+23.9%

Summary: Washington Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.0%. The home price for 2 bedroom homes decreased by -6.6%. The home price for 3 bedroom homes increased by +8.9%. The home price for 4 bedroom homes increased by +23.6%. The home price for 5 bedroom homes increased by +23.9%.

Housing supply in Washington Township, PA

How many homes are available in Washington Township, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
159Last MonthJan 2025
1732 months agoDec 2024
-8.1 %
Change MoMDec – Jan

Summary: The Washington Township real estate market had 159 homes for sale in Jan 2025, a 8.1 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
30Last MonthJan 2025
392 months agoDec 2024
-23.1 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
123
+50.0%
24639
-15.2%
37783
+7.8%
43827
-28.9%
5107
-30.0%

Summary: Washington Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes decreased by -15.2%. The inventory for 3 bedroom homes increased by +7.8%. The inventory for 4 bedroom homes decreased by -28.9%. The inventory for 5 bedroom homes decreased by -30.0%.

Asking Price vs. Sold Price

How much do homes in Washington Township, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price6 Homes

Under Asking Price21 Homes

Insight

If you're buying a home in Washington Township, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Washington Township in January 2025, down by 23.1% month-over-month. Of the 30 sold homes, 70% were sold under asking, 20% were sold at asking, and and 10% were sold over asking.

Days on Market for Washington Township, PA

How long does it take to sell a home in Washington Township, PA?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days11 Homes

Over 90 Days10 Homes

Insight

Avg time on Rocket Homes in Washington Township has remained consistent over time.

Summary: During January 2025, 30 homes were sold in Washington Township; 30% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
66 DaysThis YearJan 2025
50 Days1 year agoJan 2024
+31.8 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Washington Township had an average listing age of 66 days in Jan 2025, up by 31.8% compared to the previous year.

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Newest Listings in Washington Township, PA

What homes are available in Washington Township, PA?

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Nearby markets

Nearby markets aren't available for Washington Township, PA

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MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., and Erie MLS for the period 02/01/2023 - 02/01/2025

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 11:45:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.