In 2008, Washington, DC had a housing median value of $909,100. This is significantly higher than the US median value of $338,100. The US house appreciation over 1 year was 8.27%, while the appreciation in DC over 1 year was 3.58%. This suggests that while overall house prices in the US were increasing at a quicker rate than in DC, housing prices in Washington still experienced some growth year-on-year.
The median home cost in Washington (zip 20008) is $909,100. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20008) is up 7.0%.
Average Age of Homes
- The median age of Washington (zip 20008) real estate is 67 years old
The Rental Market in Washington (zip 20008)
- Renters make up 54.9% of the Washington (zip 20008) population
- 2.2% of houses and apartments in Washington (zip 20008), 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.