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WASHINGTON, IN 47501

Real Estate Market Report  ·  Daviess County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
66
⇩ 1.5% vs 67 last year
Pending
15
23% pending ratio
Median Price
$209,900
⇩ 8.3% vs $229,000 last year
Average Price
$255,358
⇧ 8.3% vs $235,702 last year
Days on Market
99
⇧ 22.2% vs 81 days last year

Market Context

Population: 18,168  ·  Density: 50.3/mi²  ·  Median household income: $56,901

Typical home value: $152,731  ·  Homeownership: 63.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WASHINGTON, IN real estate market (47501) currently shows 66 active listings, with 15 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 99 days on market compared to 81 days last year.

The median listing price has fallen 8.3% year-over-year, from $229,000 to $209,900.

Whether you are buying or selling in WASHINGTON, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 66 this year vs 67 last year
  • Days on market: 99 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $209,900 (-8.3% YoY)
  • Average: $255,358 (+8.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 247 listings ($65,475,807 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47501Washington, IN 475010.0 mi66$16,853,628$209,900$255,358
47558Montgomery, IN 475587.1 mi5$2,247,500$449,500$449,500
47557Monroe City, IN 4755711.0 mi3$1,199,901$475,000$399,967
47512Bicknell, IN 4751211.2 mi18$2,534,346$116,900$140,797
47528Edwardsport, IN 4752813.6 mi3$579,699$179,900$193,233
47529Elnora, IN 4752914.9 mi1$268,000$268,000$268,000
47567Petersburg, IN 4756715.0 mi17$2,712,095$145,000$159,535
47562Odon, IN 4756215.8 mi7$1,456,469$197,000$208,067
47591Vincennes, IN 4759118.1 mi76$17,866,992$179,900$235,092
47561Oaktown, IN 4756119.5 mi6$959,400$122,400$159,900
47546Jasper, IN 4754621.1 mi41$18,062,878$294,000$440,558
47443Lyons, IN 4744321.6 mi1$160,000$160,000$160,000
47581Shoals, IN 4758121.9 mi3$574,899$195,000$191,633

Frequently Asked Questions

How many homes are for sale in WASHINGTON, IN 47501?

As of January 2026, there are 66 active listings in WASHINGTON, IN (zip code 47501), compared to 67 the prior year.

What is the median home price in WASHINGTON, IN 47501?

The median listing price in WASHINGTON, IN 47501 is $209,900 as of January 2026, a 8.3% decrease from $229,000 the prior year.

How long do homes stay on the market in WASHINGTON, IN?

Homes in WASHINGTON, IN 47501 spend an average of 99 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in WASHINGTON, IN 47501?

Based on current inventory and days-on-market data as of January 2026, WASHINGTON, IN 47501 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 99 days on market compared to 81 days last year.

How much can I save on real estate commission in WASHINGTON, IN?

With SELL123.com's maximum 3% commission, sellers in WASHINGTON, IN 47501 save an estimated $4,198 compared to a typical 5% commission on the median listing price of $209,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.