$4,749 Closing Credit*
$399,900
1,004 SqFt
2 Beds
•2 Full Baths
Orlando Gholson, Listing Office: Samson Properties
Is Capitol View / Marshall Heights / Benning Heights, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Capitol View / Marshall Heights / Benning Heights has remained a Buyer's Market.
Key Takeaway
Capitol View / Marshall Heights / Benning Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Capitol View / Marshall Heights / Benning Heights, DC
How much do homes in Capitol View / Marshall Heights / Benning Heights, DC cost?
Median Sold Price
$433,500
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,500(-0.3%)
Key Takeaway
The sold price of homes in Capitol View / Marshall Heights / Benning Heights has remained the same since last year.
Summary: The median home sold price in Capitol View / Marshall Heights / Benning Heights was $433,500 in November 2024, down 0.3% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $83K | +3.8% |
| 2 Bedrooms | $306K | $241K | -21.2% |
| 3 Bedrooms | $457K | $435K | -4.8% |
| 4 Bedrooms | $509.9K | $480K | -5.9% |
| 5+ Bedrooms | $584K | $537.4K | -8.0% |
Summary: Capitol View / Marshall Heights / Benning Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Neighborhoods
| Capitol View / Marshall Heights / Benning Heights | $435K | $433.5K | -0.3% |
| Benning Heights | $432K | $428.5K | -0.8% |
| Capitol View | $462.5K | $440K | -4.9% |
Housing Supply in Capitol View / Marshall Heights / Benning Heights, DC
How many homes are available in Capitol View / Marshall Heights / Benning Heights, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 63 | +14.5% |
Summary: The Capitol View / Marshall Heights / Benning Heights real estate market had 63 homes for sale in November 2024, a 14.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Capitol View / Marshall Heights / Benning Heights 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 25%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Capitol View / Marshall Heights / Benning Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Capitol View / Marshall Heights / Benning Heights in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Capitol View / Marshall Heights / Benning Heights, DC
How long does it take to sell a home in Capitol View / Marshall Heights / Benning Heights, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 20 Days | +3.9% |
Summary: Homes in Capitol View / Marshall Heights / Benning Heights had an average of 20 days on market in Nov 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Capitol View / Marshall Heights / Benning Heights are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Capitol View / Marshall Heights / Benning Heights; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
