$4,511 Closing Credit*
$379,900
784 SqFt
2 Beds
•2 Full Baths
Chelsea Lanise Traylor, Listing Office: Redfin Corp
Is 20018, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 20018 was a Seller's Market.
Key Takeaway
20018 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 20018, DC
How much do homes in 20018, DC cost?
Median Sold Price
$550,000
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$75,000(-12.0%)
Key Takeaway
Homes in 20018 have sold for 12% less than they did a year ago.
Summary: The median home sold price in 20018 was $550,000 in November 2024, down 12% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $176.9K | -41.0% |
| 2 Bedrooms | $440K | $417K | -5.2% |
| 3 Bedrooms | $543K | $535K | -1.5% |
| 4 Bedrooms | $728.7K | $750K | +2.9% |
| 5+ Bedrooms | $925K | $868K | -6.2% |
Summary: 20018 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 6.2%.
Housing Supply in 20018, DC
How many homes are available in 20018, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 126 | +21.2% |
Summary: The 20018 real estate market had 126 homes for sale in November 2024, a 21.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 37 | 51 | +37.8% |
| 4 Bedrooms | 29 | 29 | 0.0% |
| 5+ Bedrooms | 19 | 25 | +31.6% |
Summary: The 20018 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 37.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 31.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 16 | +77.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20018, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 20018 in November 2024, up by 77.8% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.
Days on Market for 20018, DC
How long does it take to sell a home in 20018, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 44 Days | +28.2% |
Summary: Homes in 20018 had an average of 44 days on market in Nov 2024, up by 28.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 20018 has remained consistent over time.
Summary: During November 2024, 16 homes were sold in 20018; 31% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
