Washington - DC housing market
The Washington metro has a typical home value of $583,013, down 0.5% from a year ago. Homes are moving fast at 8 days on market - a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($583,013) 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 $585,943 last year is now worth roughly $583,013.
The median sale price , what homes actually close for , is $560,703. Homes are selling at 100.1% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Washington - DC sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 8,181 new listings hit the market each month in Washington - DC. There are currently 17,423 homes for sale, up 8.2% from a year ago.
The typical monthly rent in Washington - DC is $2,416, down 0.2% 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 | $373,678 | +2.5% | 22.0d |
| Richmond - VA | $397,705 | +2.3% | 6.0d |
| Roanoke - VA | $301,139 | +3.8% | 13.0d |
| Lynchburg - VA | $291,459 | +2.7% | 13.0d |