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How Much Home Prices And Rents In The DC Area Have Risen Since The Pandemic

  • February 27th

by UrbanTurf Staff

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Homes in DC. Photo by Ted Eytan.

Newly released data illustrates how much rents and home prices in the DC area have risen since the pandemic. 

A new Zillow report finds that home values and rents around the country rose twice as fast as normal since 2020. 

"The onset of the COVID-19 pandemic five years ago was the catalyst for massive changes in the housing market," Zillow reported. "Since then, home values across the U.S. have surged by 45.3%, packing more than a decade’s worth of typical growth into just five years."

In the DC region, home values are up 31% since February 2020, while rents are up about 23%. For a more granular look at home prices in the area over the last decade, take a look at the analysis that UrbanTurf did earlier this month.

See other articles related to: dc housing market trends

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/how_much_home_prices_and_rents_have_risen_since_the_pandemic/23239.

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