Is 20010, DC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20010 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 20010 was a Seller's Market.

Key Takeaway

20010 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 20010, DC

How much do homes in 20010, DC cost?

Median Sold Price

$750,000

$490/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,500(-1.6%)

Key Takeaway

Homes in 20010 have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in 20010 was $750,000 in November 2024, down 1.6% from last year, and the median price per square foot was $490.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $366K$345K
-5.7%
2 $615K$555K
-9.8%
3 $775K$783.9K
+1.2%
4 $984.5K$985K
0.1%
5+ $1.2M$1.2M
-1.0%

Summary: 20010 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Zip Codes

20008
+38.5%
20011
-1.1%
20010
-1.6%
20009
-7.4%

Housing Supply in 20010, DC

How many homes are available in 20010, DC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
135155+14.8%

Summary: The 20010 real estate market had 155 homes for sale in November 2024, a 14.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2628
+7.7%
2 2836
+28.6%
3 3949
+25.6%
4 2326
+13.0%
5+ 1916
-15.8%

Summary: The 20010 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 15.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2718-33.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20010, you may be able to get a good deal. 94.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 20010 in November 2024, down by 33.3% month-over-month. Of the 18 sold homes, 94% were sold under asking, 6% were sold at asking, and 0% were sold over asking.

Days on Market for 20010, DC

How long does it take to sell a home in 20010, DC?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days37 Days+43.5%

Summary: Homes in 20010 had an average of 37 days on market in Nov 2024, up by 43.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20010 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in 20010; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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