In 2017, the median housing value in Washington, DC was $571,500, which is significantly higher than the US median of $338,100. The US experienced an 8.27% increase in median housing value over the course of one year, while Washington, DC experienced a more modest 3.58%. Despite the slower rate of appreciation, it is clear that the demand for housing in Washington, DC remains strong and will likely continue to be so in the years to come.
The median home cost in Washington (zip 20017) is $571,500. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20017) is up 7.0%.
Average Age of Homes
- The median age of Washington (zip 20017) real estate is 68 years old
The Rental Market in Washington (zip 20017)
- Renters make up 41.9% of the Washington (zip 20017) population
- 1.5% of houses and apartments in Washington (zip 20017), 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.