Washington, IN Housing Market & Real Estate Update (March 5, 2026)
Washington, IN – March 5, 2026 – Inventory is still tight overall, but some trackers show more listings than a year ago; pricing signals remain mixed while 30-year mortgage rate…
Top takeaways
- Mortgage rates stayed near 6%, keeping monthly payments a key constraint for buyers.
- Inventory remains limited, though some measures indicate more homes listed than a year ago.
- Pricing signals are mixed, with modest softening showing up in some tracking.
Market snapshot
In ZIP 47501 (Daviess County), Zillow’s estimated typical home value was about $142K, down 0.7% year over year. Zillow also counted 60 homes in for-sale inventory and 8 new listings as of Jan. 31, 2026.
Realtor.com reported a median home price around $212K, with 94 homes for sale and a median 89 days on market. Realtor.com’s median price was down 6.39% year over year.
Listings pulse
- Zillow’s active search page showed 56 for-sale results, spanning roughly $53K to $425K, including some new construction and recent price cuts.
- Rental options appeared limited on major portals, which may keep competition in place for qualified tenants.
Rate watch
Freddie Mac’s weekly survey put the 30-year fixed mortgage rate at 6.00% (Mar. 5, 2026) and the 15-year fixed at 5.43%.
Locally, the big question for early spring is whether buyers are seeing more price reductions—or simply fewer showings than earlier this winter.