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Featured local agent — Washington Mills, NY
Sarah Mitchell
Compass Real Estate · Washington Mills, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Washington Mills, NY Housing Market
The last median sale price Redfin published was $395,000, +34.8% year over year (through May 2026). With 1.0 months of supply and homes going under contract in about 99 days, Washington Mills is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $395,000 home is about $2,109/mo in principal and interest.
Key numbers for Washington Mills, NY
Median sale price
$395,000
+34.8% year over year
Redfin, through November 2025
Days on market
99
Slow-moving
Redfin, through November 2025
Active listings
1
1.0 months of supply
Redfin, through November 2025
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$128,571
Home costs 3.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
95.2%
Selling below asking
Redfin, through November 2025
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Washington Mills a buyer's or seller's market?
Washington Mills, NY is a balanced market, based on 1.0 months of supply and homes selling in about 99 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Washington Mills housing market data show?
Every row below is Redfin's final published month for Washington Mills, NY. Redfin, through November 2025
| Metric | Value |
|---|---|
| Median sale price | $395,000 |
| Year-over-year price change | +34.8% |
| Median price per sq ft | $135/sq ft |
| Median days on market | 99 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 95.2% |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Washington Mills is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Washington Mills is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Washington Mills home prices moved?
Across the 26 months we hold for Washington Mills, NY, the median sale price rose 89.0%, from $209,000 in April 2021 to $395,000. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 95.2%. Watch those two together — they move before the median does.
Redfin, through November 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Washington Mills?
Priced off the median sale price of $395,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $79,000 | $316,000 | $2,109/mo |
| 5% | $19,750 | $375,250 | $2,504/mo |
Redfin, through November 2025 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,109, that implies roughly $90,374 a year before you add taxes and insurance. The median household in Washington Mills earns $128,571, about $38,197 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Washington Mills in the next 12 months?
Tell us your timeline. We send the Washington Mills market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Washington Mills?
Zillow does not publish a rent index (ZORI) for Washington Mills, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Washington Mills?
Active listings in Washington Mills, NY went from 2 in January 2023 to 1 in November 2025, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| March 2023 | 2 | 1 |
| June 2023 | 1 | 1 |
| August 2023 | 1 | not published |
| December 2023 | 2 | 1 |
| February 2024 | 1 | not published |
| July 2024 | 2 | 1 |
| August 2024 | 3 | 1 |
| November 2024 | 1 | not published |
| January 2025 | 1 | not published |
| June 2025 | 1 | 1 |
| July 2025 | 1 | not published |
| November 2025 | 1 | not published |
Redfin, through November 2025
How does Washington Mills compare to New York and the U.S.?
Washington Mills homes sell for $395,000 — 36% below the New York median of $620,500. Against the national median of $410,700, Washington Mills runs 4% lower. Year-over-year, Washington Mills moved +34.8% against New York's +5.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Washington Mills, NY | $395,000 | +34.8% | 99 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through November 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Washington Mills
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $395 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $395,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Washington Mills listing goes under contract in 99 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 95.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Washington Mills varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Washington Mills
There are currently 1 homes listed for sale in Washington Mills, New York.
Active listings
1
Homes on market
Avg. days on market
99
Days until sale
How much do homes cost in Washington Mills by property type?
How the Washington Mills, NY market breaks down across single-family homes, condos and townhouses. Redfin, through November 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $395,000 | $135/sq ft | 1 | 99 days |
| Townhouse | $310,000 | $102/sq ft | 1 | 45 days |
Who lives in Washington Mills?
American Community Survey estimates for Washington Mills. U.S. Census ACS, 2023
Population
2,148
Households
1,006
Median income
$128,571/yr
Median age
41.4 years
Owner-occupied
57.1%
Median home value
$208,500
Median gross rent
$1,097/mo
Mean commute
18 min
57.1% of occupied homes in Washington Mills are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Washington Mills, NY?
Ordered by distance from Washington Mills, not by size. Compare Washington Mills side by side with any of them.
Washington Mills housing market FAQ
Is Washington Mills a buyer's or seller's market?
Washington Mills, NY is currently a balanced market. That read comes from 1.0 months of supply, homes going under contract in about 99 days, and sellers getting 95.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Washington Mills?
The median sale price in the last month Redfin published was $395,000, about $135 per square foot.
Is Washington Mills cheaper than the rest of New York?
Washington Mills's median sale price of $395,000 is 36% lower than the New York statewide median of $620,500, and 4% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Washington Mills?
Homes in Washington Mills, NY spent a median of 99 days on market before going under contract, versus 42 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Washington Mills?
At the current 30-year fixed rate of 7.03%, 20% down on a $395,000 home is about $2,109 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $90,374 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $128,571.
Are home prices rising in Washington Mills?
Redfin's last published year-over-year change for Washington Mills, NY was +34.8%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Washington Mills?
Washington Mills ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Washington Mills?
That depends on your timeline, not on a headline. What the data says today: Washington Mills, NY is a balanced market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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