Washington - DC housing market
The Washington metro has a typical home value of $582,461, down 0.5% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($582,461) 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 0.5% over the past year. A home worth $585,388 last year is now worth roughly $582,461.
The median sale price , what homes actually close for , is $560,027. Homes are selling at 99.5% of list price, meaning buyers have room to negotiate.
Homes listed in Washington - DC sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.
About 19.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 7,013 new listings hit the market each month in Washington - DC. There are currently 15,196 homes for sale, up 11.9% from a year ago.
The typical monthly rent in Washington - DC is $2,375, down 0.4% 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 | $371,148 | +2.3% | 25.0d |
| Richmond - VA | $393,943 | +2.1% | 7.0d |
| Roanoke - VA | $297,806 | +3.6% | 19.0d |
| Lynchburg - VA | $288,024 | +2.3% | 20.0d |