$6,353 Closing Credit*
$535,000
1,936 SqFt
4 Beds
•3 Full Baths, 1 Partial
Sanam Vivansia, Listing Office: CENTURY 21 New Millennium
Is Deanwood, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Deanwood has remained a Buyer'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
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,250(-2.3%)
Key Takeaway
Homes in Deanwood have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Deanwood was $390,000 in October 2024, down 2.3% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $230K | N/A |
| 2 Bedrooms | $340K | $238.5K | -29.8% |
| 3 Bedrooms | $474.9K | $420K | -11.6% |
| 4 Bedrooms | $504K | $482.5K | -4.3% |
| 5+ Bedrooms | $613.3K | $561K | -8.5% |
Summary: Deanwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.8%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Deanwood / Burrville / Grant Park / Lincoln Heights | $399K | $400.9K | 0.5% |
| Deanwood | $399.2K | $390K | -2.3% |
Housing Supply in Deanwood, DC
How many homes are available in Deanwood, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 43 | +16.2% |
Summary: The Deanwood real estate market had 43 homes for sale in October 2024, a 16.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Deanwood housing inventory by bedroom type for October 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 23.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deanwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Deanwood in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 105 Days | +101.9% |
Summary: Homes in Deanwood had an average of 105 days on market in Oct 2024, up by 101.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Deanwood are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Deanwood; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
