In 20005 Washington, DC, the median housing value is $564,700, significantly higher than the US median housing value of $338,100. In the last year alone, appreciation of housing in 20005 Washington DC has been 3.58%, less than half of the 8.27% growth rate experienced by US housing overall. Therefore it can be said that real estate in 20005 Washington DC is more expensive and appreciating slower than the national average.
The median home cost in Washington (zip 20005) is $564,700. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20005) is up 7.0%.
Average Age of Homes
- The median age of Washington (zip 20005) real estate is 49 years old
The Rental Market in Washington (zip 20005)
- Renters make up 69.7% of the Washington (zip 20005) population
- 7.0% of houses and apartments in Washington (zip 20005), 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.