$79,900
0.06 Acres
Land
Sanovia A Smith
Is Deanwood, 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, Deanwood was a Seller's Market.
Key Takeaway
Deanwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Deanwood, DC
How much do homes in Deanwood, DC cost?
Median Sold Price
$390,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,000(-1.8%)
Key Takeaway
Homes in Deanwood have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Deanwood was $390,000 in November 2024, down 1.8% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $230K | N/A |
| 2 Bedrooms | $315K | $252K | -20.0% |
| 3 Bedrooms | $450K | $420K | -6.7% |
| 4 Bedrooms | $485K | $482.5K | -0.5% |
| 5+ Bedrooms | $590K | $542K | -8.1% |
Summary: Deanwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Deanwood / Burrville / Grant Park / Lincoln Heights | $393K | $400.9K | +2.0% |
| Deanwood | $397K | $390K | -1.8% |
Housing Supply in Deanwood, DC
How many homes are available in Deanwood, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 40 | +5.3% |
Summary: The Deanwood real estate market had 40 homes for sale in November 2024, a 5.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Deanwood 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 7.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deanwood, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Deanwood in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Deanwood, DC
How long does it take to sell a home in Deanwood, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 77 Days | +26.4% |
Summary: Homes in Deanwood had an average of 77 days on market in Nov 2024, up by 26.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Deanwood has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Deanwood; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
