Washington, PA—15301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washington, PA
As of Oct '25, the median home price in Washington, PA is $229,000, with a year-over-year change of 2.4%. This indicates that home prices in Washington, PA are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $229,000 | 2.4% |
| Single Family | $229,000 | 3.2% |
| Condos | $256,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $85,000 | -3.4% |
2 Bed | $147,000 | 2.1% |
3 Bed | $245,000 | 2.9% |
4 Bed | $363,000 | 1.4% |
| 5 Bed | $373,000 | 1.1% |
% of Housing Stock
Rental Trends — Washington, PA
As of July '25, Rentcast reports the average rent in Washington, PA is $1,170, with a year-over-year rent change of 9.3%. Per bedroom, the median rent as of July '25 in Washington, PA is studios: $408, 1-bedrooms: $821, 2-bedrooms: $1,010, 3-bedrooms: $2,010, 4-bedrooms: $1,860. The most common rental property sizes in Washington, PA are 2-bedroom and 1-bedroom, accounting for 36.7% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $965 | $1,170 |
| Studio Rent | $425 | $408 |
| 1 Bed Rent | $800 | $821 |
| 2 Bed Rent | $975 | $1,010 |
| 3 Bed Rent | $2,050 | $2,010 |
| 4 Bed Rent | $1,440 | $1,860 |
% of Rental Stock
Property Listings — Washington, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Washington, PA is 59. This is a increase of 10.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -6.0% |
Listing Count | 154 | -8.0% |
| Listings as % of Homes | 0.5% | -8.0% |
Days on Market | 59 | 10.0% |
Demographics — Washington, PA
As of the latest ACS Survey released in 2023, Washington, PA has a population of 50,200, which has increased by 2.5% over the past 5 years. Washington, PA is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 27.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,200 | 2.5% |
% Under 18 | 17.9% | 4.1% |
% Seniors | 22.8% | 7.0% |
% WFH | 8.5% | 117.9% |
% w/ College Degree | 27.0% | 2.3% |
As of the latest ACS Survey released in 2023, Washington, PA is a predominantly white area, with 87.2% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Washington, PA is black, making up 5.3% of the population. Foreign-born residents account for 2.7% of the population in Washington, PA, and this percentage has increased by 28.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.2% | -2.7% |
% Black | 5.3% | -7.0% |
% Hispanic | 2.7% | 68.8% |
% Asian | 1.1% | -15.4% |
% Foreign Born | 2.7% | 28.6% |
Mortgage and Risk — Washington, PA
According to HUD data as of 2023, there were 859 mortgage originations in Washington, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Washington, PA. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 859 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Washington, PA
As of 2024, the percent of homes in Washington, PA under the Section 8 program is 13.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Washington, PA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,339 |
Total Units Section 8 | 972 |
% Rentals under Section 8 | 13.2% |
% Occupied Section 8 | 83.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $800 | $980 |
| 2 Bedroom | $195 | $975 | $1,170 |
| 3 Bedroom | -$560 | $2,050 | $1,490 |
| 4 Bedroom | $170 | $1,440 | $1,610 |
Affordability — Washington, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $229,000 |
| Median Household Income | $69,300 |