In 20002 Washington, DC, the median value of housing is $707,400 which is significantly higher than the US house median value of $338,100. Over the last year in 20002 Washington, DC, there has been an appreciation rate of 3.58%, far lower than the US average of 8.27%. Despite this lower rate of appreciation, 20002 Washington remains an expensive place to buy a home as it is still nearly double the national average for median housing value.
The median home cost in Washington (zip 20002) is $707,400. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20002) is up 7.0%.
Average Age of Homes
- The median age of Washington (zip 20002) real estate is 78 years old
The Rental Market in Washington (zip 20002)
- Renters make up 50.4% of the Washington (zip 20002) population
- 4.2% of houses and apartments in Washington (zip 20002), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.