Condo Foreclosures in Washington, NC 27889

Current Market Conditions in Washington, NC

The real estate market in Washington, NC is currently experiencing a balance between supply and demand, with a slight increase in the number of homes available. This provides more options for buyers, while still maintaining reasonable appreciation rates for sellers due to the ongoing interest in the area.

The city is attracting both first-time buyers and retirees, as property prices remain affordable compared to nearby metropolitan areas, making Washington a desirable location for new residents.

Rent Prices In Washington, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Washington, NC, is on a rollercoaster ride. The average rent price in Washington, NC, is $1,114.00. Indeed, when looking to rent in Washington, NC, you can expect to pay as little as $500.00 or as much as $3,660.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Washington, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.