Housing in Washington, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$195,000

Median List Price

$199,900

Price Per Sq Ft

$134

Days on Market

11

Active Inventory

13

Months of Supply

1.9

Seller's market

Zillow Home Value

$220,112

ZHVI — January 2026

Zillow Rent Index

$1,158

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.4%List Price 37.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

42.9%

Off Market in 2 Weeks

36.4%

Sale-to-List Ratio

97.3%

Buyer's market

Sold Above Asking
42.9%
Under Contract in 2 Wks
36.4%
Listings with Price Drops
15.4%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

10

Pending Sales

11

Homes Sold 53.3%New Listings 28.6%Pending 15.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$134

Median List $/SF

$113

Sale $/SF 4.7%List $/SF 8.9%Mar 24Jan 26

Washington vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Washington is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$216,700

Median Rent

$1,087

Total Housing Units

6,322

Vacancy Rate

3.4%

Owner Occupied

80.0%

Renter Occupied

20.0%

Median Property Tax

$4,927

per year

Monthly Cost (w/ Mortgage)

$1,319

Housing Types

Single Family
83.5%
Multi-Family
16.0%
Mobile Home
0.5%

The current median sale price in Washington, IL is $195,000 according to Redfin data. Homes spend a median of 11 days on the market. 42.9% of homes sold above asking price. The market has 1.9 months of supply. The median price per square foot is $134. Zillow's observed rent index is $1,158/month. About 80.0% of housing units are owner-occupied. The median year homes were built is 1978. There are 6,322 total housing units.