The housing market in 20001 Washington, DC is quite expensive compared to the US median house value of $338,100. The median house value in 20001 Washington, DC is $743,000. Although the US has seen a 1 year appreciation rate of 8.27%, the 1 year appreciation rate in 20001 Washington, DC is only 3.58%. With housing values so high and below average appreciation rates, it may be difficult for those looking to buy a home to find an affordable property in this area.
The median home cost in Washington (zip 20001) is $743,000. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20001) is up 7.0%.
Average Age of Homes
- The median age of Washington (zip 20001) real estate is 46 years old
The Rental Market in Washington (zip 20001)
- Renters make up 57.5% of the Washington (zip 20001) population
- 3.5% of houses and apartments in Washington (zip 20001), 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.