Is Langdon, DC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Langdon is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Langdon has remained a Seller's Market.

Key Takeaway

Langdon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Langdon, DC

How much do homes in Langdon, DC cost?

Median Sold Price

$670,000

$312/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$105,000(+18.6%)

Key Takeaway

Homes in Langdon have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in Langdon was $670,000 in December 2024, up 18.6% from last year, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $259K$170K
-34.4%
2 $430K$370K
-14.0%
3 $543K$557K
+2.6%
4 $672.4K$625K
-7.1%
5+ $1.0M$1.0M
+8.5%

Summary: Langdon housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.4%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Neighborhoods

Langdon
+18.6%
Northeast
0.5%
Brookland / Brentwood / Langdon
-3.2%

Housing Supply in Langdon, DC

How many homes are available in Langdon, DC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2117-19.0%

Summary: The Langdon real estate market had 17 homes for sale in December 2024, a 19.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 86
-25.0%
4 55
0.0%
5+ 76
-14.3%

Summary: The Langdon housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Langdon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Langdon in December 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Langdon, DC

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

Average Sale Time

Dec 2023Dec 2024CHANGE
66 Days25 Days-61.6%

Summary: Homes in Langdon had an average of 25 days on market in Dec 2024, down by 61.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Langdon are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Langdon; 67% of homes were sold within 30 days, 33% 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 10 Days Ago

Newest Listings in Langdon, DC

Nearby Markets to Langdon, DC

Popular Cities with Homes for Sale in District of Columbia