Skip to main content

Washington County, MD — Real Estate Market Update | May 2025

 Presented by Katelyn Mayer, PA & MD REALTOR® | Iron Valley Real Estate

Market Overview

  • Market Type: Seller’s market with balanced and buyer's market pockets

  • Months of Inventory: 2.14 months (up 2.9% from last month, +39.9% year-over-year) — still favors sellers but inventory is increasing

  • Median Sold Price: $336,250 (up 4.6% month-over-month)

  • Sold to List Price Ratio: 101.9% (homes are selling slightly above asking price)

  • Median Days on Market: 16 days (up 36% — homes are taking a bit longer to sell)

Listings & Sales

  • Active Listings: 212 single-family homes

    • Median List Price: $424,950 (+3.8%)

    • Median Living Area: 2,096 sqft (+5.4%)

    • Median Price per Sqft: $193 (+1%)

  • New Listings: 171 homes

    • Median List Price: $369,900 (+2.6%)

    • Median Price per Sqft: $183 (+0.5%)

  • Pending Listings: 139 homes

    • Median List Price: $349,900 (+5.2%)

    • Median Days on Market: 31 days (up 72.2%)

  • New Pending Listings: 122 homes

    • Median List Price: $349,950

    • Median Price per Sqft: $175 (+4.4%)

  • Sold Listings: 100 homes

    • Median Sold Price: $336,250 (+4.6%)

    • Median Price per Sqft: $177 (+4.8%)

    • Median Days on Market: 16 days (up 36%)

Property Value Trends

  • Median Estimated Value (Single Family): $376,350 (+1.2% month-over-month, +8.8% year-over-year)

  • Median Living Area Size: About 1,942 sqft on average

  • Median Price per Sqft: Generally in the $175–$193 range

Key Takeaways

  • The Washington County market remains favorable for sellers, with homes selling above list price on average.

  • Inventory is slowly increasing, giving buyers slightly more options and possibly more negotiation power.

  • Homes are selling a bit slower than last month but still move relatively quickly (median 16 days).

  • Home values continue to appreciate steadily year-over-year.

If you're considering buying or selling in Washington County, Maryland, I can help you navigate this market with confidence. Contact me for personalized advice and a free home valuation.

Katelyn Mayer
PA & MD REALTOR® | Iron Valley Real Estate of Central PA
📍 121 Towne Square Dr. Suite 203, Hershey, PA 17033
📧 katelynm359@gmail.com | 📱 717-446-1640 | ☎️ 717-563-0008
🌐 kmayer.ironvalleyrealestate.com

Comments

Post a Comment

Popular posts from this blog

Rental Options in East York & Red Lion

Discover a wide range of rental homes tailored to fit various lifestyles and budgets in East York and nearby Red Lion. Whether you're searching for a cozy one-bedroom apartment or a spacious three-bedroom townhome, there's something here for everyone. 📍 East York Springett’s Apartments 📍 50 Eisenhower Dr, York, PA 17402 1- and 2-bedroom level apartments 🔗 manorcommunities.com Suburban Park Apartments 📍 2685 Carnegie Rd, East York, PA 17402 1- and 2-bedroom apartments 🔗 liveatsuburbanpark.com Fallbrook Flats 📍 3889 E Market St, York, PA 17402 1-, 2-, and 3-bedroom apartments 🔗 jcmliving.com The Apartments at Waterford 📍 200 Governors Pl, York, PA 17402 Modern layouts with 1- to 3-bedroom options 🔗 waterford.theapartmentgallery.com Hillside Apartments 📍 1927 Queenswood Dr, York, PA 17403 1- and 2-bedroom apartments 🔗 theapartmentgallery.com/hillside-apartments East Breeze Apartments 📍 21-23 S Northern Way, York, PA 17402 1- and 2-bedroom apartments ...
Post a Comment
Read more

How to Obtain a Pennsylvania Driver’s License (For Foreign Nationals)

Whether you're a resident foreign national or visiting from another country, here is the updated step-by-step process to get your PA driver’s license or legally drive in Pennsylvania. Driving in PA as a Visitor from Another Country Check if your country has a Driver License Foreign Reciprocity Agreement with Pennsylvania. If yes , you may be able to convert your foreign license without taking the knowledge or road tests . If no , you are legally permitted to drive in PA for up to 30 days using your valid foreign driver’s license before you need to get a PA license. Step 1: Study the PA Driver’s Manual Review the manual carefully to prepare for the knowledge test. Language options and a study app are available to assist you. 👉 Get a Driver's License | Commonwealth of Pennsylvania Step 2: Complete Form DL-180 This form is a physician certification verifying your physical ability to drive. You must have it filled out by a licensed physician. Available ...
Post a Comment
Read more

Understanding Property Tax Disbursement From Escrow: What Every Homeowner Should Know

  By Katelyn Mayer, Realtor If you’re a homeowner—or thinking about becoming one—understanding how property taxes are paid can save you stress and help you manage your budget better. One of the most common questions I get from clients is: “How does my lender pay my property taxes, and what is this escrow thing all about?” Let’s break it down. What Is an Escrow Account? When you buy a home with a mortgage, your lender often requires an escrow account. This is basically a special savings account that holds money collected each month from you to pay for certain expenses—most commonly, property taxes and homeowners insurance. Instead of paying your tax bill in one lump sum once or twice a year, your lender collects a bit every month and pays the taxing authority on your behalf. This system can make budgeting easier, so you don’t have to worry about coming up with thousands of dollars all at once. How Does It Work? Let’s say your annual property tax bill is $6,000. Your lender wi...
Post a Comment
Read more