Is Stanton Park, DC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanton Park is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Stanton Park, DC

How much do homes in Stanton Park, DC cost?

Median Sold Price

$922,500

$607/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$77,500(-7.8%)

Key Takeaway

Homes in Stanton Park have sold for 7.7% less than they did a year ago.

Summary: The median home sold price in Stanton Park was $922,500 in November 2024, down 7.8% from last year, and the median price per square foot was $607.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $415K$444.7K
+7.2%
2 $780K$794.9K
+1.9%
3 $1.0M$917.5K
-8.5%
4 $1.6M$1.5M
-0.5%
5+ $1.8M$1.8M
-2.1%

Summary: Stanton Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Neighborhoods

H Street Corridor / Near Northeast
+8.2%
Lincoln Park
+7.8%
NoMa / Stanton Park / Kingman Park
+3.6%
Capitol Hill / Lincoln Park
+3.1%
Stanton Park
-7.8%

Housing Supply in Stanton Park, DC

How many homes are available in Stanton Park, DC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7173+2.8%

Summary: The Stanton Park real estate market had 73 homes for sale in November 2024, a 2.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 79
+28.6%
2 1721
+23.5%
3 2622
-15.4%
4 1213
+8.3%
5+ 98
-11.1%

Summary: The Stanton Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanton Park, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Stanton Park in November 2024, down by 5.9% month-over-month. Of the 16 sold homes, 44% were sold under asking, 44% were sold at asking, and 13% were sold over asking.

Days on Market for Stanton Park, DC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days37 Days+160.5%

Summary: Homes in Stanton Park had an average of 37 days on market in Nov 2024, up by 160.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 16 homes were sold in Stanton Park; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% 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 17 Days Ago

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