Washington, TX—77880
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washington, TX
As of Oct '25, the median home price in Washington, TX is $527,000, with a year-over-year change of 0.1%. This indicates that home prices in Washington, TX are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $527,000 | 0.1% |
| Single Family | $526,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $551,000 | 3.6% |
3 Bed | $621,000 | 1.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Washington, TX
As of July '25, Rentcast reports the average rent in Washington, TX is $1,530, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Washington, TX is 1-bedrooms: $1,530. The most common rental property sizes in Washington, TX are 4-bedroom and 3-bedroom, accounting for 51.9% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,530 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Washington, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Washington, TX is 68. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,310,000 | 151.0% |
Listing Count | 6 | 38.0% |
| Listings as % of Homes | 0.1% | 38.0% |
Days on Market | 68 | 45.0% |
Demographics — Washington, TX
As of the latest ACS Survey released in 2023, Washington, TX has a population of 2,950, which has increased by 146.8% over the past 5 years. Washington, TX is a popular place for families, as children make up 27.9% of the population. The area has a moderately educated workforce, with 33.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,950 | 146.8% |
% Under 18 | 27.9% | 35.4% |
% Seniors | 21.6% | -16.6% |
% WFH | 4.0% | 5.3% |
% w/ College Degree | 33.5% | 12.0% |
Washington, TX lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.1% | 9.3% |
% Black | 24.2% | -28.8% |
% Hispanic | 8.7% | 443.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Washington, TX
According to HUD data as of 2023, there were 24 mortgage originations in Washington, TX, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Washington, TX. Investor activity is low, as 12.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 12.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Washington, TX
Washington, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$620 | $1,500 | $880 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Washington, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $527,000 |
| Median Household Income | $89,600 |