Is Historic Anacostia, DC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Historic Anacostia is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Historic Anacostia was a Seller's Market.

Key Takeaway

Historic Anacostia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Historic Anacostia, DC

How much do homes in Historic Anacostia, DC cost?

Median Sold Price

$304,000

$204/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$117,995(-28.0%)

Key Takeaway

Homes in Historic Anacostia have sold for 28% less than they did a month ago.

Summary: The median home sold price in Historic Anacostia was $304,000 in November 2024, down 28% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$98K
N/A
2 --
N/A
3 $421.9K$510K
+20.9%
4 $395K-
N/A
5+ --
N/A

Summary: Historic Anacostia housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Historic Anacostia, DC

How many homes are available in Historic Anacostia, DC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3230-6.3%

Summary: The Historic Anacostia real estate market had 30 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 47
+75.0%
3 1714
-17.6%
4 86
-25.0%
5+ 00
0.0%

Summary: The Historic Anacostia 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 75%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Historic Anacostia, 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 Historic Anacostia in November 2024, down by 66.7% 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 Historic Anacostia, DC

How long does it take to sell a home in Historic Anacostia, DC?

Average Sale Time

Oct 2024Nov 2024CHANGE
112 Days36 Days-67.9%

Summary: Homes in Historic Anacostia had an average of 36 days on market in Nov 2024, down by 67.9% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Historic Anacostia are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Historic Anacostia; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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