Washington - DC housing market
The Washington metro has a typical home value of $584,684, down 0.3% from a year ago. Homes are moving fast at 10 days on market, a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($584,684) is the Zillow Home Value Index for the Washington - DC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 0.3% over the past year. A home worth $586,443 last year is now worth roughly $584,684.
The median sale price , what homes actually close for , is $562,977. Homes are selling at 100.4% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Washington - DC sit on the market for roughly 10 days before going pending. Shorter = seller's market; longer = buyer's market.
About 25.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 8,207 new listings hit the market each month in Washington - DC. There are currently 18,785 homes for sale, up 7.4% from a year ago.
The typical monthly rent in Washington - DC is $2,448, up 0.0% year over year. For investors, the price-to-rent ratio here is roughly 20x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in VA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Virginia Beach - VA | $376,711 | +2.6% | 23.0d |
| Richmond - VA | $399,562 | +2.4% | 7.0d |
| Roanoke - VA | $305,065 | +3.9% | 15.0d |
| Lynchburg - VA | $293,781 | +3.0% | 16.0d |