In 2015, the median housing value in Washington, DC was $1,284,400. This is significantly higher than the national median housing value of $338,100 during that year. The US house appreciation rate was 8.27%, while the house appreciation rate in Washington, DC for that same year was 3.58%. Therefore, while housing prices in Washington, DC were still increasing just like the rest of the country, there was a smaller increase than could have been seen in other parts of the United States.
The median home cost in Washington (zip 20015) is $1,284,400. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20015) is up 7.0%.
Average Age of Homes
- The median age of Washington (zip 20015) real estate is 78 years old
The Rental Market in Washington (zip 20015)
- Renters make up 26.6% of the Washington (zip 20015) population
- 1.7% of houses and apartments in Washington (zip 20015), 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.