Is Washington, LA 70589 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Washington is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list82.7%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$146▲ +9.5% vs. last year

The Washington housing market right now

In the three months ending August 31, 2026, 0% of homes in Washington, LA 70589 sold above their list price, the typical home went under contract in 6 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (99 days then) and the median sale price rose 32% to $394,829. Overall, Washington is more competitive than a year ago, so tougher for buyers.

Within St. Landry Parish, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Opelousas 70570 (7% sold over asking) and Sunset 70584 (5% sold over asking) are even more competitive.

Nearby markets

Arnaudville 70512Balanced $154 /sq ftGrand Coteau 70541 $42 /sq ftKrotz Springs 70750Buyer’s market $133 /sq ftLeonville 70551 — /sq ft Browse all markets →

Where Washington is

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Questions about Washington real estate

Is Washington a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Washington, LA 70589 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Washington?

The typical home went under contract in 6 days in the latest three months.

Do homes in Washington sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 82.7% of the list price.

What are property taxes in Washington?

About 0.29% of a home’s value a year in St. Landry Parish, or roughly $1,160 on a $400,000 home.

What is the median home price in Washington?

The median sale price was $394,829 in the three months ending August 31, 2026, about $146 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology