Joshua Beamon, Listing Office: TTR Sotheby's International Realty
20018 Housing Market Report December 2024•District of Columbia County, District of Columbia
Housing Prices in 20018, DC
How much do homes in 20018, DC cost?
Housing Market Conditions
Is 20018, DC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
20018 is a Neutral Market
Difference Since December 2023
At the same time last year, 20018 was a Seller's Market.
20018 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 20018 have sold for 9.4% less than they did a year ago.
Summary: The median home sold price in 20018 was $552,833 in December 2024, down 9.4% from last year, and the median price per square foot was $339.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $300K | $176.9K | -41.0% |
22 Bedrooms | $460K | $410K | -10.9% |
33 Bedrooms | $547.5K | $540K | -1.4% |
44 Bedrooms | $705K | $750K | +6.4% |
55+ Bedrooms | $920K | $883K | -4.0% |
Summary: 20018 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -41.0%. The home price for 2 bedroom homes decreased by -10.9%. The home price for 3 bedroom homes decreased by -1.4%. The home price for 4 bedroom homes increased by +6.4%. The home price for 5 bedroom homes decreased by -4.0%.
Housing supply in 20018, DC
How many homes are available in 20018, DC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
103Last MonthDec 2024 | ||
1052 months agoNov 2024 | -1.9 % Change MoMNov – Dec |
Summary: The 20018 real estate market had 103 homes for sale in Dec 2024, a 1.9 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
17Last MonthDec 2024 | ||
162 months agoNov 2024 | +6.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 1 | -50.0% |
22 Bedrooms | 16 | 18 | +12.5% |
33 Bedrooms | 43 | 42 | -2.3% |
44 Bedrooms | 22 | 21 | -4.5% |
55+ Bedrooms | 22 | 21 | -4.5% |
Summary: 20018 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 3 bedroom homes decreased by -2.3%. The inventory for 4 bedroom homes decreased by -4.5%. The inventory for 5 bedroom homes decreased by -4.5%.
Asking Price vs. Sold Price
How much do homes in 20018, DC cost?
Over Asking Price4 Homes
At Asking Price2 Homes
Under Asking Price11 Homes
If you're buying a home in 20018, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 20018 in December 2024, up by 6.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and and 24% were sold over asking.
Days on Market for 20018, DC
How long does it take to sell a home in 20018, DC?
Breakdown of Home Sale Times
Under 30 Days10 Homes
30 – 90 Days4 Homes
Over 90 Days3 Homes
Many homes in 20018 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in 20018; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
55 DaysThis YearDec 2024 | ||
46 Days1 year agoDec 2023 | +18.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 20018 had an average listing age of 55 days in Dec 2024, up by 18.0% compared to the previous year.
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/26/2025, 4:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.