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The 5 DC-Area Zip Codes Where Home Prices Have Appreciated the Most in 2024

  • April 11th 2024

by UrbanTurf Staff

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shep-park-houses.jpg
Homes in 20012.

Today, UrbanTurf is taking an early look at the areas around DC that have seen the highest home price appreciation so far in 2024.

In the table below, we outline the five zip codes that have seen the largest percentage increase in home values this year. In order to qualify for the list, a zip code had to record at least 30 sales in 2024. 

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Click to enlarge.

The DC zip code of 20012, which encompasses Takoma, Colonial Village and Shepherd Park, has seen home prices rise nearly 45%, the result of every property type seeing price increases, particularly larger detached houses. The South Arlington zip code of 22204 came in second, followed by the DC zip code of 20016 -- home to AU Park and Spring Valley -- where larger homes pushed prices up over 30%. 

Rounding out the list are two zip codes where prices have risen 22%-29%. Those areas include the 22303 Alexandria zip code and the Falls Church zip code of 22403. 

A similarity for almost all these zip codes is a lack of homes for sale. With the exception of the 20012 zip code, all the areas have less than a two-month supply of homes for sale.  

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/the-5-dc-area-zip-codes-where-home-prices-have-appreciated-the-most-in-2024/22183.

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