WASHBURN | 2025 MARKET SNAPSHOP
- Ryan Hogan
- Jan 16
- 3 min read
OVERALL PRICING | Average Sold Price | $344,826 |
Median Sold Price | $284,900 | |
MARKET SPEED | Market Speed Average Days on Market (DOM) | 55 |
Median Days on Market (DOM) | 17 | |
Sold in 7 Days or Less | 33.3% | |
Sold in 90+ Days | 15.6% | |
Sold in 180+ Days | 6.7% | |
METHOD OF PAYMENT | Cash | 44.4% |
Conventional | 42.2% | |
Other | 6.7% | |
FHA | 2.2% | |
VA | 2.2% | |
Construction/Rehab | 2.2% | |
PRICE DISTRIBUTION | Under $100,000 | 4 (8.9%) |
$100,000–$150,000 | 1 (2.2%) | |
$150,000–$250,000 | 12 (26.7%) | |
$250,000–$400,000 | 18 (40.0%) | |
Over $400,000 | 10 (22.2%) |
Washburn’s 2025 sales data shows a market defined by two realities at once: strong pricing power—especially on waterfront—and buyers who were willing to move quickly only when a listing felt undeniably “right.” Across 45 closed sales, the average sold price was $344,826 while the median was $284,900, revealing a market where high-end transactions lifted the overall average, but the typical sale remained in the high-$200s.
Washburn could be defined as a two-speed market: urgency for the right homes, patience for the rest. The clearest tell is the split between median DOM (17) and average DOM (55.1). Roughly one-third of homes sold in a week or less, yet a meaningful tail lingered: 15.6% lasted 90+ days, and 6.7% ran 180+ days. That’s not a weak market—it’s a selective one. Buyers showed they’d act fast when price/condition/location aligned, but they were perfectly comfortable waiting out listings they felt didn’t justify the asking price. Pricing and presentation created velocity.
Cash was a dominant force. Nearly 44.4% of closings were cash, with 42.2% conventional. With nearly half of Wasburn’s 2025 home sales completed in cash, competitive offers, i.e. “clean” offers—ones with strong deposits, few to no contingencies—were critical for Buyer success.
The largest share of sales sat in $250k–$400k (40%), with 22.2% above $400k—a higher-end tilt relative to many small markets. This reinforces that Washburn’s demand wasn’t confined to entry-level stock; buyers were actively competing for quality, size, setting, and lifestyle. Washburn’s “middle” in 2025 reflects a market where buyers are looking to level-up rather than start a home-owning journey.
Waterfront property didn’t just sell at a higher price—waterfront property’s a completely different market.. The biggest signal in the file is the waterfront $/SF premium: +$148.51/SF (average) and +$99.66/SF (median) over non-waterfront.
That is a substantial separation—suggesting that in 2025, waterfront value wasn’t speculative or vague; it was measurable and consistently paid. But it came with a nuance: waterfront took longer, with a 47.5 median DOM versus 14 for non-waterfront.
In 2025, waterfront buyers paid up—then took their time to make sure it was the right one. That median gap is the tell: the premium isn’t just one splashy sale—it’s embedded in the typical waterfront transaction (within this sample). Translation: waterfront remained its own pricing tier in 2025, and buyers continued to pay for scarcity.
TAKEAWAYS
Properly-positioned listings (condition, location, pricing) sold quickly and near list.
The tougher inventory accumulated time—dragging the average DOM up and creating the impression of a slower market than most sellers actually experienced.
If 2025 is a guide, Washburn will continue to behave like a market where great listings create urgency and everything else must earn attention. Sellers will win by treating price and presentation as one combined strategy—especially on waterfront, where the premium is real but the buyer is careful.


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