$7,630 Closing Credit*
$642,500
1,665 SqFt
3 Beds
•3 Full Baths, 1 Partial
Darrell H Allison, Listing Office: Compass
Is Carver Langston, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Carver Langston was a Seller's Market.
Key Takeaway
Carver Langston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Carver Langston, DC
How much do homes in Carver Langston, DC cost?
Median Sold Price
$390,000
$465/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,450(-2.4%)
Key Takeaway
Homes in Carver Langston have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Carver Langston was $390,000 in October 2024, down 2.4% from last year, and the median price per square foot was $465.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295.3K | $308.7K | +4.5% |
| 2 Bedrooms | $447.5K | $410K | -8.4% |
| 3 Bedrooms | $467.5K | $625K | +33.7% |
| 4 Bedrooms | $736K | $689K | -6.4% |
| 5+ Bedrooms | $460K | $745K | +62.0% |
Summary: Carver Langston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 33.7%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 62%.
Median Sold Price Compared To Nearby Neighborhoods
| Trinidad | $560K | $599.9K | +7.1% |
| Ivy City / Arboretum / Trinidad / Carver Langston | $510K | $544.9K | +6.9% |
| Northeast | $614.9K | $605.3K | -1.6% |
| Carver Langston | $399.4K | $390K | -2.4% |
Housing Supply in Carver Langston, DC
How many homes are available in Carver Langston, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 59 | +31.1% |
Summary: The Carver Langston real estate market had 59 homes for sale in October 2024, a 31.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 21 | 29 | +38.1% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Carver Langston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 38.1%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carver Langston, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Carver Langston in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Carver Langston, DC
How long does it take to sell a home in Carver Langston, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 59 Days | +40.6% |
Summary: Homes in Carver Langston had an average of 59 days on market in Oct 2024, up by 40.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carver Langston are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Carver Langston; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
