District Of Columbia Home Values & Market Trends
There have been 7,313 properties sold in the District Of Columbia real estate market trends. Median home values in the District Of Columbia housing market are $598,106.49. The median residential home value for transactions over the last 12 months is 608,552.837. The State of District Of Columbia currently has 266 properties in foreclosure, 40 bank owned properties, and 80 headed for auction.
District Of Columbia Real Estate Market Overview
| County | Median Est. Value |
|---|---|
| District Of Columbia | $ 583,063 $ 497/sqft |
Housing Market Summary for District Of Columbia
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $619.2K | $626.7K | 1.21% |
| Median Sold Price | $657K | $626.7K | -4.61% |
| Homes For Sale | 1,323 | 1,369 | 3.48% |
| Homes Sold | 4,214 | 3,812 | -9.54% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in District Of Columbia
Browse Homes in District Of Columbia
There are currently 1,497 properties for sale in District Of Columbia. The current home value ranges in price from 35,000 to 15,995,000. The total count of properties in the state is 173,645, and the percentage of properties for sale is 1497.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in District Of Columbia with District Of Columbia containing 146 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There is 1 counties within District Of Columbia; of that counties, the estimated home value for pre-foreclosure homes ranges from $2,000,000 in District Of Columbia to the lowest home value of $102,241 in District Of Columbia.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in District Of Columbia ranges from the highest value of $1,150,000 in District Of Columbia to the lowest value of $88,500 in District Of Columbia. Bank owned homes and properties account for 0.02% of properties in District Of Columbia. There is 1 counties within District Of Columbia; District Of Columbia containing 40 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsDistrict Of Columbia has 80 auction properties, the highest number of properties going to auction in a single county in the state of District Of Columbia. Auction homes and other auction properties account for 0.05% of all properties in District Of Columbia. There is 1 counties within District Of Columbia; of that counties, the median estimated home value for homes going to auction ranges from $2,400,000 in District Of Columbia to the lowest value of $89,000 in District Of Columbia.
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Guide for District Of Columbia
The Washington DC real estate market from 2023-2024 underwent alternating trends with volatility in average property values and prices per square foot. Yet, an ascending movement in average sold prices and average sold prices per square foot emerged, along with a steady rise in the sales count, indicating a thriving market scenario.
Washington DC Foreclosure Laws
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
