Washington, IA

Washington is a small town located in southeastern Iowa. The population was 1,948 at the 2010 census. Washington is home to many businesses and industries, including agriculture, manufacturing, and retail sales. The city's economy is based largely on real estate.

Washington has a long history of real estate development. In 1836, the first land sale in Washington took place. Since then, the city has seen a steady increase in real estate activity. In 2006, there were 1,868 housing units in Washington; this number increased to 2,527 by 2010. The majority of these housing units are single-family homes or duplexes. However, there has been an increase in apartment complexes and condos over the past few years as well.

The market for residential real estate in Washington is very competitive; properties typically sell quickly and for high prices. In 2006, the median sale price was $147,000; this increased to $248,000 by 2010. Properties that are newer or located near major shopping areas tend to sell for higher prices than those that are older or located away from major shopping areas.

The market for commercial real estate is also very competitive; properties typically sell quickly and for high prices as well. In 2006, the median sale price was $140,000; this increased to $245,000 by 2010. Properties that are located near major highways or within walking distance of a business district tend to sell for higher prices than those that are located away from major highways or within walking distance of a business district