$5,937 Closing Credit*
$499,999
1,454 SqFt
4 Beds
•3 Full Baths
Russell Carter, Listing Office: Keller Williams Capital Properties
Is Congress Heights / Bellevue / Washington Highlands, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Congress Heights / Bellevue / Washington Highlands has remained a Seller's Market.
Key Takeaway
Congress Heights / Bellevue / Washington Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Congress Heights / Bellevue / Washington Highlands, DC
How much do homes in Congress Heights / Bellevue / Washington Highlands, DC cost?
Median Sold Price
$355,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$49,000(-12.1%)
Key Takeaway
Homes in Congress Heights / Bellevue / Washington Highlands have sold for 12.1% less than they did a year ago.
Summary: The median home sold price in Congress Heights / Bellevue / Washington Highlands was $355,000 in December 2024, down 12.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $76K | $89.9K | +18.3% |
| 2 Bedrooms | $257.5K | $247.4K | -3.9% |
| 3 Bedrooms | $410K | $405K | -1.2% |
| 4 Bedrooms | $445K | $428K | -3.8% |
| 5+ Bedrooms | $426.2K | $500K | +17.3% |
Summary: Congress Heights / Bellevue / Washington Highlands housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 17.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Congress Heights | $412.5K | $365K | -11.5% |
| Congress Heights / Bellevue / Washington Highlands | $404K | $355K | -12.1% |
Housing Supply in Congress Heights / Bellevue / Washington Highlands, DC
How many homes are available in Congress Heights / Bellevue / Washington Highlands, DC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 84 | 87 | +3.6% |
Summary: The Congress Heights / Bellevue / Washington Highlands real estate market had 87 homes for sale in December 2024, a 3.6% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 30 | 33 | +10.0% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Congress Heights / Bellevue / Washington Highlands housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Congress Heights / Bellevue / Washington Highlands, expect to pay close to the asking price. 41.2% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Congress Heights / Bellevue / Washington Highlands in December 2024, up by 54.5% month-over-month. Of the 17 sold homes, 29% were sold under asking, 41% were sold at asking, and 29% were sold over asking.
Days on Market for Congress Heights / Bellevue / Washington Highlands, DC
How long does it take to sell a home in Congress Heights / Bellevue / Washington Highlands, DC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 49 Days | 79 Days | +60.1% |
Summary: Homes in Congress Heights / Bellevue / Washington Highlands had an average of 79 days on market in Dec 2024, up by 60.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Congress Heights / Bellevue / Washington Highlands has remained consistent over time.
Summary: During December 2024, 17 homes were sold in Congress Heights / Bellevue / Washington Highlands; 24% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
