Zip 20024 (Washington, DC) Housing

The housing market in 20024 Washington, DC is very expensive compared to the U.S. median value of $338,100. The median house value in the area is $470,700, a significant increase from the national average. In addition, while the nation experienced an 8.27% appreciation rate for houses over the past year, 20024 Washington, DC only witnessed a 3.58%. Despite this slight decline in value, real estate prices remain high and are not expected to drop in the near future due to its desirable location within the city limits.

The median home cost in Washington (zip 20024) is $470,700. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Washington (zip 20024) is up 7.0%.

Average Age of Homes

- The median age of Washington (zip 20024) real estate is 51 years old

The Rental Market in Washington (zip 20024)

- Renters make up 51.7% of the Washington (zip 20024) population
- 6.5% of houses and apartments in Washington (zip 20024), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Washington, District of Columbia	United States
	10,021.0	139,647,020.0
	54	42
	$470,700	$338,100
	7.0%	16.6%
	31.5%	57.0%
	83.8%	101.1%
	$5.60	$10.98
	$2,534	$2,690
	32.4%	57.4%
	10.8%	11.2%
	56.8%	31.4%
Vacant Housing
	6.5%	1.9%
	0.7%	0.4%
	0.2%	0.7%
	0.6%	0.4%
	1.2%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.3%	4.5%
	1.9%	11.3%
	1.4%	13.0%
	12.4%	20.1%
	23.9%	13.6%
	19.2%	8.3%
	23.1%	9.7%
	11.8%	3.9%
	5.0%	2.2%
	0.0%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	2.3%	13.6%
	3.0%	13.2%
	8.5%	14.8%
	2.3%	13.6%
	13.3%	10.0%
	4.7%	4.7%
	2.4%	12.2%

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