In 2018, the housing median value in Washington, DC was $609,000. This was more than double the US housing median value of $338,100 for the same year. Despite the higher cost of living in Washington, DC, the one-year house appreciation rate was relatively low at 3.58%, compared to 8.27% across the nation. This suggests that while housing costs have stayed high in Washington, DC, they have not significantly increased over the past year.
The median home cost in Washington (zip 20018) is $609,000. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20018) is up 7.0%.
Average Age of Homes
- The median age of Washington (zip 20018) real estate is 65 years old
The Rental Market in Washington (zip 20018)
- Renters make up 40.2% of the Washington (zip 20018) population
- 2.2% of houses and apartments in Washington (zip 20018), 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.