$2,934 Closing Credit*
$247,103
904 SqFt
2 Beds
•2 Full Baths
Jessica G Evans, Listing Office: Compass
Is Historic Anacostia, 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, Historic Anacostia has remained a Buyer'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
$497,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$72,000(+16.9%)
Key Takeaway
Homes in Historic Anacostia have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Historic Anacostia was $497,000 in October 2024, up 16.9% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133.2K | $87.5K | -34.3% |
| 2 Bedrooms | $342K | $240K | -29.8% |
| 3 Bedrooms | $485.9K | $535K | +10.1% |
| 4 Bedrooms | $499.9K | $585.9K | +17.2% |
| 5+ Bedrooms | $420K | $799.9K | +90.5% |
Summary: Historic Anacostia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.3%, 2 bedroom homes decreased by 29.8%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 90.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Buena Vista | $440K | $545K | +23.9% |
| Historic Anacostia | $425K | $497K | +16.9% |
| Sheridan / Barry Farm / Buena Vista | $430K | $472K | +9.8% |
| Fairlawn | $400K | $380K | -5.0% |
Housing Supply in Historic Anacostia, DC
How many homes are available in Historic Anacostia, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 36 | +2.9% |
Summary: The Historic Anacostia real estate market had 36 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Historic Anacostia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Historic Anacostia, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Historic Anacostia in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 66 Days | +128.3% |
Summary: Homes in Historic Anacostia had an average of 66 days on market in Oct 2024, up by 128.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Historic Anacostia has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Historic Anacostia; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
