Is Washington, IL 61571 a buyer’s or seller’s market?

The Washington housing market right now

In the three months ending August 31, 2026, 50% of homes in Washington, IL 61571 sold above their list price, the typical home went under contract in 4 days and there was 1 month of supply. Under three months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 108 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 47%, homes sold faster (12 days then) and the median sale price rose 2% to $294,872. Overall, Washington is more competitive than a year ago, so tougher for buyers.

Within Tazewell County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Washington ranks #8 of 464 IL ZIP codes with enough sales (score 92 out of 100).

Nearby, buyers who want less competition could look at Deer Creek 61733 (0% sold over asking) or South Pekin 61564 (0% sold over asking), while Tremont 61568 (55% sold over asking) and East Peoria 61611 (53% sold over asking) are even more competitive.