Is Washington, AR 71862 a buyer’s or seller’s market?
Washington is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Washington housing market right now
In the three months ending August 31, 2026, 0% of homes in Washington, AR 71862 sold above their list price and the typical home went under contract in 18 days. With only 1 sale, 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 (119 days then) and the median sale price fell 33% to $89,861. Overall, Washington is more competitive than a year ago, so tougher for buyers.
Run the numbers for 71862
Nearby markets
Blevins 71825 — /sq ftHope 71801Seller’s market $70 /sq ftMc Caskill 71847 — /sq ftSaratoga 71859Buyer’s market $105 /sq ft Browse all markets →Where Washington is
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Questions about Washington real estate
How fast do homes sell in Washington?
The typical home went under contract in 18 days in the latest three months.
Do homes in Washington sell over asking?
0% of homes sold above their original list price.
What are property taxes in Washington?
About 0.57% of a home’s value a year in Hempstead County, or roughly $2,280 on a $400,000 home.
What is the median home price in Washington?
The median sale price was $89,861 in the three months ending August 31, 2026, about $94 per square foot.
Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology