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Housing in Washington Township

257 homes sold in Washington Township in the last year, at a typical $240K

Redfin reports Washington Township’s sales by ZIP code, so these figures are for ZIP 47240, which takes in Washington Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Washington Township homes are listed.

Homes for sale in Washington TownshipZillowRealtor.comMore places to look ↓
Homes sold
257
ZIP 47240 · October 2025 to September 2026
Typical sale price
$240K
median, weighted by sales
Price per square foot
$153
Indiana $149
Paid vs. asking
96.4%
12% sold over asking
For sale now
58
September 2026 · 21 sold that month
What sold · last 12 months · ZIP 47240

Houses are 97% of Washington Township’s sales, at a typical $238K (year to May 2026)

257 homes sold in the year to September 2026.

Houses$238K

typical sale · 244 sold in the year to May 2026

Per square foot
$146IN $148
Days to sell
33
Sold over asking
15%
Fewer sales

Condos: 4 sold, typical $214K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

257 sales in the last year, against 315 in 2021 and a low of 158 in 2012. The typical sale went from $125K in 2016 to $240K.

Homes soldTypical sale price
087175262350$75K$150K$225K$300K2012: 158 sold, typical $104K’122013: 209 sold, typical $113K2014: 224 sold, typical $109K’142015: 249 sold, typical $111K2016: 228 sold, typical $125K’162017: 246 sold, typical $125K2018: 298 sold, typical $135K’182019: 299 sold, typical $146K2020: 304 sold, typical $157K’202021: 315 sold, typical $173K2022: 290 sold, typical $190K’222023: 239 sold, typical $202K2024: 242 sold, typical $208K’242025: 236 sold, typical $236KLast 12 months: 257 sold, typical $240KNow

Source: Redfin Data Center, MLS sales; for ZIP 47240, which takes in Washington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $250K buys in Washington Township

Houseat $146 a sq ft, year to May 2026
The same money in Indianaat $148 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Washington Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Washington Township are back to pre-pandemic levels, but 29% fewer homes come up for sale

We read every month of home sales in ZIP 47240 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 257 sales.

If you’re buying in Washington Township

  • Shop in October. It brings about 26 new listings a month, close to the busiest month, with fewer bidding wars (12% over asking).
  • Offer under asking. Buyers paid 96.4% of the list price on average; 12% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 31 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 31 a month), but August is the most competitive: 15% of August sales close over asking. September and October offer nearly as much choice with fewer homes bid up (14%). December has the least competition (9%).

New listings a monthShare sold over asking
08.817.526.3357%13%20%Sweet spotJan: 17 new listings a month, 10% sold over asking, 52 days to sellJFeb: 17 new listings a month, 10% sold over asking, 53 days to sellFMar: 21 new listings a month, 10% sold over asking, 56 days to sellMApr: 25 new listings a month, 12% sold over asking, 49 days to sellAMay: 29 new listings a month, 13% sold over asking, 43 days to sellMJun: 30 new listings a month, 15% sold over asking, 36 days to sellJJul: 31 new listings a month, 15% sold over asking, 32 days to sellJAug: 31 new listings a month, 15% sold over asking, 30 days to sellASep: 29 new listings a month, 14% sold over asking, 29 days to sellSOct: 26 new listings a month, 12% sold over asking, 35 days to sellONov: 23 new listings a month, 10% sold over asking, 39 days to sellNDec: 19 new listings a month, 9% sold over asking, 40 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Indiana as a whole

Washington Township now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price12%8%20%17%
Gone within two weeksShare of homes under contract within 14 days37%29%49%35%
Price paid vs. askingAverage sale price ÷ list price96.4%95.9%97.1%97.5%
Days to sellMedian days from listing to contract31491738
Supply

53 homes for sale on a typical day

That’s 1.4 times the 2023 low (37), 29% fewer than in 2017–19 and well under 2012’s 162.

2012: 162 for sale’122013: 158 for sale2014: 142 for sale2015: 134 for sale’152016: 95 for sale2017: 78 for sale2018: 72 for sale’182019: 74 for sale2020: 40 for sale2021: 42 for sale’212022: 46 for sale2023: 37 for sale2024: 43 for sale’242025: 49 for saleLast 12 months: 53 for saleNow
Prices by type

Houses and condos, year by year

A house typically sold for $238K in the year to May 2026 (244 sales), a condo for $214K (5).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $114K, 202 salesHouses 2014: $109K, 221 salesHouses 2015: $110K, 242 salesHouses 2016: $125K, 225 salesHouses 2017: $127K, 236 salesHouses 2018: $136K, 284 salesHouses 2019: $146K, 291 salesHouses 2020: $158K, 296 salesHouses 2021: $170K, 296 salesHouses 2022: $191K, 280 salesHouses 2023: $206K, 225 salesHouses 2024: $210K, 235 salesHouses 2025: $238K, 228 salesHouses last 12 months: $238K, 244 salesHouses $238KCondos 2013: $112K, 5 salesCondos 2015: $133K, 5 salesCondos 2018: $142K, 5 salesCondos 2025: $207K, 6 salesCondos last 12 months: $214K, 5 salesCondos $214K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 47240, which takes in Washington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Washington Township home costs about $1,388 a month

Mortgage
Property tax
Insurance
Rent

Price: Washington Township’s typical sale, last 12 months. Property tax at Washington Township’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Washington Township is affordable on local pay is on Cost of living.

Before you buy in Washington Township

Six things worth knowing

31

New listings in July

The month with the most choice. February has the fewest, about 17.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $240K home, about $1,630 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Washington Township, from test results, graduation and how much students grow.

Schools in Washington Township
18 min

Typical commute

The average one-way trip to work for people who live in Washington Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Batesville, Osgood and Rushville sell for less a square foot; Lake Santee for far more

The busier markets within 25 miles of Washington Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Washington Township (ZIP 47240)257$240K$15312%31
Greensburg183$236K$15714%30
Batesville95$302K$13814%25
Rushville88$165K$9611%53
Hope41$193K$15210%50
Osgood29$201K$14416%41
Lake Santee22$331K$2045%52

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Washington Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Washington Township. People who follow the town see it, and so do people comparing Washington Township with their own town. No commission, no listing fee.

Questions about buying a home in Washington Township

What do homes sell for in Washington Township, IN?

257 homes sold in the year to September 2026 at a typical $240K, $153 a square foot.

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

A seller’s market: 58 homes were for sale in September 2026 and 21 sold, about 2.7 months of supply. Buyers paid 96.4% of asking on average.

When is the best time to buy in Washington Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Washington Township?

About 0.7% of a home’s value a year. On a $240K home that’s near $1,630.

Where can I see homes for sale in Washington Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Washington Township’s MLS listings; the search links above open each one filtered to Washington Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 47240, which takes in Washington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).