Call or Text (240) SELL-123

WASHINGTON, IN 47501

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The WASHINGTON, IN real estate market (47501) currently shows 63 active listings, with 15 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 76 days on market compared to 58 days last year.

The median listing price has fallen 7.6% year-over-year, from $237,625 to $219,475.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WASHINGTON, IN 47501 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
63
⇩ 3.1% vs 65 last year
Pending
15
24% pending ratio
Median Price
$219,475
⇩ 7.6% vs $237,625 last year
Average Price
$261,107
⇧ 11.3% vs $234,500 last year
Days on Market
76
⇧ 31% vs 58 days last year

Price Per Square Foot

Median $/sqft
$144
⇧ 15.2% vs $125/sqft last year
Median Home Size
1,445 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 63 this year vs 65 last year
  • Days on market: 76 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $219,475 (-7.6% YoY)
  • Average: $261,107 (+11.3% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.2 miles — 119 listings ($27,372,625 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47501Washington, IN 475010.0 mi58$15,295,876$220,700$263,722
47558Montgomery, IN 475587.1 mi6$2,286,252$379,000$381,042
47557Monroe City, IN 4755711.0 mi4$1,577,400$426,250$394,350
47512Bicknell, IN 4751211.2 mi16$2,117,920$105,925$132,370
47528Edwardsport, IN 4752813.6 mi2$394,350$197,175$197,175
47529Elnora, IN 4752914.9 mi2$431,500$215,750$215,750
47567Petersburg, IN 4756715.0 mi13$2,140,424$152,975$164,648
47578Sandborn, IN 4757816.0 mi3$597,750$199,250$199,250
47598Winslow, IN 4759819.0 mi8$1,397,736$181,850$174,717
47449Newberry, IN 4744920.9 mi1$220,000$220,000$220,000
47640Hazleton, IN 4764021.4 mi2$335,416$120,000$167,708
47590Velpen, IN 4759021.7 mi1$225,000$225,000$225,000
47838Carlisle, IN 4783823.2 mi3$353,001$120,000$117,667

Frequently Asked Questions

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

As of July 2026, there are 63 active listings in WASHINGTON, IN (zip code 47501), compared to 65 the prior year.

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

The median listing price in WASHINGTON, IN 47501 is $219,475 as of July 2026, a 7.6% decrease from $237,625 the prior year.

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

Homes in WASHINGTON, IN 47501 spend an average of 76 days on the market before going under contract, compared to 58 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 July 2026, WASHINGTON, IN 47501 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 76 days on market compared to 58 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 $4,390 compared to a typical 5% commission on the median listing price of $219,475. 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.