Washington County, Florida Housing Market
In Washington County, Florida, the median home value is $171,000, with a median monthly rent of $888. This places Washington County at #1784 nationally out of 3134 counties by median home value, and #54 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $857
- Establishments: 518
- BLS QCEW, 2025
Housing Supply
- Single-family: 223
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 8,991 (avg $54,885)
- Outflow: 8,245 (avg $54,880)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Washington County Compares
| Metric | Washington County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $171,000 | $284,325 | $227,706 |
| Median Gross Rent | $888 | $1,303 | $968 |
| Owner Occupancy Rate | 80.0% | 74.6% | 73.3% |
| Price/Rent Ratio | 16.0 | 17.6 | 18.7 |
Market Analysis
The median home value in Washington County is 39.9% below the Florida state average and 24.9% below the U.S. national average. The median rent of $888/month is 31.8% below the state average.
With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Washington County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Washington County has an owner-occupancy rate of 80.0%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Colbert County | Alabama | $171,000 | $887 |
| Cayuga County | New York | $171,000 | $942 |
| Love County | Oklahoma | $171,000 | $939 |
| Grant County | South Dakota | $171,000 | $763 |
| Freeborn County | Minnesota | $171,100 | $849 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Suwannee County | $171,600 | $884 | 74.9% |
| Union County | $169,500 | $894 | 74.7% |
| DeSoto County | $174,100 | $932 | 72.5% |
| Gadsden County | $174,900 | $851 | 70.7% |
| Putnam County | $160,300 | $906 | 75.4% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).