District Of Columbia Home Values & Market Trends

There have been 7,238 properties sold in the District Of Columbia real estate market trends. Median home values in the District Of Columbia housing market are $624,465.04. The median residential home value for transactions over the last 12 months is 611,924.867. The State of District Of Columbia currently has 257 properties in foreclosure, 34 bank owned properties, and 59 headed for auction.

District Of Columbia Real Estate Market Overview

CountyMedian Est. Value
District Of Columbia

$ 586,402

$ 505/sqft

Housing Market Summary for District Of Columbia

Mar 2023February 2024Change
Median Listing Price$608.8K$666.7K9.52%
Median Sold Price$658.7K$666.7K1.22%
Homes For Sale1,2701,251-1.50%
Homes Sold4,3043,866-10.18%
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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%.

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Browse Homes in District Of Columbia

There are currently 1,293 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 173,537, and the percentage of properties for sale is 1293.00%.

Foreclosure
There is 1 counties within District Of Columbia; within this counties, the median estimated home value for homes in foreclosure ranges from $3,999,900 in District Of Columbia to the lowest value of $74,888 in District Of Columbia. Foreclosure homes account for 0.00% of properties in District Of Columbia with District Of Columbia containing 257 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in District Of Columbia with District Of Columbia containing 164 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 $3,999,900 in District Of Columbia to the lowest home value of $74,888 in District Of Columbia.
  • Bank Owned
    The 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 $114,666 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 34 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    District Of Columbia has 59 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 0.03% 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 $1,954,698 in District Of Columbia to the lowest value of $74,888 in District Of Columbia.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.75% of residential properties in District Of Columbia with District Of Columbia containing 1293 homes for sale, the highest number of listed properties in a single county. There is 1 counties within District Of Columbia; homes for sale in that counties, have a range of median values from $15,000,000 in District Of Columbia to the lowest value of $66,886 in District Of Columbia.
    Sold Homes
    The median value for recently sold homes ranges from $12,187,525 in District Of Columbia to the lowest price of $23,024 in District Of Columbia. There is 1 counties within District Of Columbia. District Of Columbia has 3770 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 2.17% of properties in District Of Columbia.

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      Guide for District Of Columbia

      Market Reports
      The State of Washington DC’s Real Estate Market in 2023-2024
      Home Buying Guides & Tips
      Washington DC Foreclosure Laws
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      See More Articles
      The State of Washington DC’s Real Estate Market in 2023-2024
      Market Reports|posted 16 February 2024

      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
      Home Buying Guides & Tips|posted 6 June 2013

      Washington DC Foreclosure Laws

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.