Published October 8, 2026 in Market Update

Fort Washington homes are still moving fast despite higher mortgage rates

By Patricia Pezick, Realtor® SRS® ABR®

Real estate, Fort Washington, PA

CNBC reported on October 7, 2026 that the average 30-year fixed mortgage rate hit 7.49%. That is a number that slows buyers in a lot of places. Fort Washington is not one of them, at least not yet. The Real Estate Data Aggregator counted 19 homes sold in ZIP 19034 in the three months ending August 31, 2026. That is up 72.7% from the same three months in 2025.

Three in four homes went under contract within two weeks of listing, according to the Real Estate Data Aggregator. That share held steady from a year ago. Buyers here are prepared. They know what they want, and they move.

Pending sales doubled. Supply dropped.

The Real Estate Data Aggregator counted 16 pending sales in ZIP 19034 for the three months ending August 31, 2026. That is up 100% from the same period in 2025. At the same time, homes for sale fell 30% year over year, to just 7 active listings. Supply sits at 1.1 months, down 1.7 months from a year ago. That is a tight market by any measure.

Sellers are getting more than they ask

The Real Estate Data Aggregator shows the average Fort Washington home sold for 106.4% of its list price in the three months ending August 31, 2026. That is up 0.7 points from a year ago. Nearly 4 in 5 homes, 79% to be exact, sold above list price. That share rose 15.4 points from the same period in 2025. Nationally, Realtor.com reported that 20.8% of listings took a price cut in September 2026, the highest share since October 2022. Fort Washington sellers are not in that group.

The one number that deserves a closer look

The median sale price in ZIP 19034 was $710,000 for the three months ending August 31, 2026, according to the Real Estate Data Aggregator. That is down 9.7% from the same three months in 2025. Prices dipped even as competition stayed strong. Nineteen sales is a small sample. One or two homes at the lower end of the range can pull the median down. The sale-to-list ratio and the above-list share both rose, so the dip in median price is worth watching but not reading too much into yet.

More listings came to market, and buyers took them

The Real Estate Data Aggregator counted 18 new listings in ZIP 19034 for the three months ending August 31, 2026. That is up 50% from a year ago. More sellers showed up, and buyers absorbed nearly all of it. Median days on market was 25 days, five days longer than the same period in 2025. Homes are not sitting, but buyers do have a few more days to decide than they did last year.

The Federal Housing Finance Agency reported on September 29, 2026 that U.S. house prices rose 2.6% from July 2025 to July 2026. Fort Washington's median price moved in the other direction over the same window. That gap is worth knowing if you are pricing a home here.