$10,000 Closing Credit*
$1,399,999
2,112 SqFt
4 Beds
•3 Full Baths, 1 Partial
Maria Fernanda Delgado, Listing Office: Hestia Realtors
Is NoMa / Stanton Park / Kingman Park, 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, NoMa / Stanton Park / Kingman Park was a Seller's Market.
Key Takeaway
NoMa / Stanton Park / Kingman Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in NoMa / Stanton Park / Kingman Park, DC
How much do homes in NoMa / Stanton Park / Kingman Park, DC cost?
Median Sold Price
$854,666
$555/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,666(+3.6%)
Key Takeaway
Homes in NoMa / Stanton Park / Kingman Park have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in NoMa / Stanton Park / Kingman Park was $854,666 in November 2024, up 3.6% from last year, and the median price per square foot was $555.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $415K | $405K | -2.4% |
| 2 Bedrooms | $645K | $695K | +7.8% |
| 3 Bedrooms | $869K | $879K | +1.2% |
| 4 Bedrooms | $1.2M | $1.1M | -4.2% |
| 5+ Bedrooms | $1.6M | $1.6M | -1.3% |
Summary: NoMa / Stanton Park / Kingman Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Neighborhoods
| H Street Corridor / Near Northeast | $842.5K | $911.2K | +8.2% |
| Lincoln Park | $980K | $1.0M | +7.8% |
| Trinidad | $572.5K | $600K | +4.8% |
| NoMa / Stanton Park / Kingman Park | $825K | $854.6K | +3.6% |
| Stanton Park | $1.0M | $922.5K | -7.8% |
Housing Supply in NoMa / Stanton Park / Kingman Park, DC
How many homes are available in NoMa / Stanton Park / Kingman Park, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 215 | 235 | +9.3% |
Summary: The NoMa / Stanton Park / Kingman Park real estate market had 235 homes for sale in November 2024, a 9.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 22 | +15.8% |
| 2 Bedrooms | 59 | 67 | +13.6% |
| 3 Bedrooms | 77 | 77 | 0.0% |
| 4 Bedrooms | 39 | 44 | +12.8% |
| 5+ Bedrooms | 21 | 25 | +19.0% |
Summary: The NoMa / Stanton Park / Kingman Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 19%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 31 | -13.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in NoMa / Stanton Park / Kingman Park, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in NoMa / Stanton Park / Kingman Park in November 2024, down by 13.9% month-over-month. Of the 31 sold homes, 45% were sold under asking, 26% were sold at asking, and 29% were sold over asking.
Days on Market for NoMa / Stanton Park / Kingman Park, DC
How long does it take to sell a home in NoMa / Stanton Park / Kingman Park, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 45 Days | +25.7% |
Summary: Homes in NoMa / Stanton Park / Kingman Park had an average of 45 days on market in Nov 2024, up by 25.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in NoMa / Stanton Park / Kingman Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 31 homes were sold in NoMa / Stanton Park / Kingman Park; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
