In 2019, the median value of housing in Washington, DC was $369,700. This is higher than the US median house value of $338,100. The appreciation rate for houses in Washington, DC also trailed behind the US 1 year house appreciation rate of 8.27%, at only 3.58%. Despite this lower appreciation rate, Washington, DC remains an expensive housing market compared to other areas of the country, with its high median value and year-over-year appreciation often outpacing that of the national average.
The median home cost in Washington (zip 20019) is $369,700. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20019) is up 7.0%.
Average Age of Homes
- The median age of Washington (zip 20019) real estate is 59 years old
The Rental Market in Washington (zip 20019)
- Renters make up 54.6% of the Washington (zip 20019) population
- 3.1% of houses and apartments in Washington (zip 20019), 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.