Morgan Leone
Washington Real Estate
Morgan Leone provides expert guidance for home buyers and sellers navigating the Washington, Minnesota real estate market with a focus on education and personal advocacy.
Washington offers a distinct mix of established neighborhoods and fresh growth. Many residents choose this area for its balance of accessibility and residential feel. Data shows that 65% of people here enjoy commutes under 30 minutes (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates), making it a practical choice for those working across the region.
The housing stock in Washington is characterized by a strong presence of standalone properties. According to the U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates, 67% of homes are single-family detached, with a median year built of 1992. This timeline reflects a county that has seen steady development over recent decades.
Morgan Leone assists clients with townhouses, new construction, and single-family homes. Whether a buyer is utilizing a VA loan or a seller is listing a long-term investment, the process is handled with direct communication. Morgan Leone remains the primary point of contact from the initial search through the closing date.
By the numbers
Washington County at a glance
| Population2020–2024 ACS 5-year estimates | 276,238 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 109,307 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $422,000 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,710 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $4,164 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 81% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 67% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1992 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 65% |
| Home price change, 1 year2024 to 2025 | +1.8% |
| Home price change, 5 years2020 to 2025 | +35.0% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the current median home value in Washington, Minnesota?↓
The median home value for owner-occupied units is $422,000 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Prices in the region have shown steady growth, including a home price change of +35.0% over the last 5 years (Federal Housing Finance Agency House Price Index, 2020 to 2025).
How common is homeownership in Washington?↓
Washington has a high rate of residential stability. Approximately 81% of homes are owner-occupied (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Morgan Leone helps buyers transition from renting to owning through educational support and local market insights.
What are the average property taxes for a home in Washington?↓
Homeowners in Washington pay a median annual property tax of $4,164 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Morgan Leone provides clear breakdowns of these costs to help buyers make informed financial decisions during the search process.
Is Washington a good place for first-time home buyers?↓
Washington features a variety of housing types, including townhouses and single-family homes built around a median year of 1992 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Morgan Leone specializes in first-time buyer representation, ensuring no question goes unanswered during the journey.
What do mortgage rates look like for Washington home buyers right now?↓
The average 30-year fixed mortgage rate in the U.S. is 7.03% (Freddie Mac Primary Mortgage Market Survey, week of 2026-09-24). This is an increase from 6.26% a year earlier (Freddie Mac Primary Mortgage Market Survey, week of 2025-09-18). Morgan Leone works with lenders to help buyers navigate these shifting national trends.
Related