Home | Newsletter | Advertise
loading...

$100,000: The Difference 5 Years Makes in DC Home Prices

  • March 8th 2019

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

A home that sold in Georgetown in 2018.

If you bought a home in DC back in 2013, new data reveals that you have made a tidy return on your investment. A new analysis by UrbanTurf takes a look at the trajectory of home prices in the last five years.

The median home price in DC has risen about 20 percent or $95,000 since 2013, increasing from $475,000 citywide to $570,000 last year. However as the chart below reveals, the price movement has had valleys and peaks. In the first quarter of every year, prices typically dipped, as is expected in the slower winter months. Median prices reached their highest level in the second and third quarters of each year when the housing market was in full swing.

As is always the case, how much homes appreciated in price depends on where they are in the city, and two neighborhoods east of the Anacostia River are leading the way. In Congress Heights and Anacostia, prices have jumped 108% and 94.8%, respectively. A selection of other neighborhoods below show the varying appreciation across the city. 

Click to enlarge.

See other articles related to: dc home price apprecitation, dc housing prices

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/100000-the-difference-5-years-makes-in-dc-home-prices/15100.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse