20024 Housing Market Report December 2024•District of Columbia County, District of Columbia

Housing Prices in 20024, DC

How much do homes in 20024, DC cost?

Housing Market Conditions

Is 20024, DC a buyer’s or seller’s market?

Seller'sMarket

Buyer'sMarket

20024 is a Neutral Market

Difference Since December 2023

At the same time last year, 20024 was a Seller's Market.

Insight

20024 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

$487,000$470/SqFt

+$22,050

+4.7%

Based on all homes sold in the last 12 months

Insight

Homes in 20024 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 20024 was $487,000 in December 2024, up 4.7% from last year, and the median price per square foot was $470.

Median Sold Price By Bedrooms

Beds	Dec 2023	Dec 2024	Change YoY
11 Bedroom	$340K	$325K	-4.4%
22 Bedrooms	$513K	$595K	+16.0%
33 Bedrooms	$735.5K	$717.5K	-2.4%
44 Bedrooms	$1.2M	$950K	-21.2%
55+ Bedrooms	-	-	N/A

Summary: 20024 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -4.4%. The home price for 2 bedroom homes increased by +16.0%. The home price for 3 bedroom homes decreased by -2.4%. The home price for 4 bedroom homes decreased by -21.2%. The home price for 5 bedroom homes did not change.

Housing supply in 20024, DC

How many homes are available in 20024, DC?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
86Last MonthDec 2024
792 months agoNov 2024	+8.9 % Change MoMNov – Dec

Summary: The 20024 real estate market had 86 homes for sale in Dec 2024, a 8.9 % increase compared to Nov 2024.

Number of Homes Sold

Last Month	2 months ago	Change MoM
14Last MonthDec 2024
62 months agoNov 2024	+133.3 % Change MoMNov – Dec

Homes For Sale By Bedroom Count

Beds	Nov 2024	Dec 2024	Change MoM
11 Bedroom	31	39	+25.8%
22 Bedrooms	33	33	0.0%
33 Bedrooms	8	7	-12.5%
44 Bedrooms	7	7	0.0%
55+ Bedrooms	0	0	0.0%

Summary: 20024 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +25.8%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -12.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 20024, DC cost?

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price12 Homes

Insight

If you're buying a home in 20024, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 20024 in December 2024, up by 133.3% month-over-month. Of the 14 sold homes, 86% were sold under asking, 7% were sold at asking, and and 7% were sold over asking.

Days on Market for 20024, DC

How long does it take to sell a home in 20024, DC?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days6 Homes

Over 90 Days5 Homes

Insight

Avg time on Rocket Homes in 20024 has remained consistent over time.

Summary: During December 2024, 14 homes were sold in 20024; 21% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.

Average Sale Time

This Year	1 year ago	Change YoY
145 DaysThis YearDec 2024
36 Days1 year agoDec 2023	+296.4 % Change YoYDec 2023 – Dec 2024

Summary: Homes in 20024 had an average listing age of 145 days in Dec 2024, up by 296.4% compared to the previous year.

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Newest Listings in 20024, DC

What homes are available in 20024, DC?

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carpeted living room featuring a wood stove

bathroom featuring toilet, tile walls, tile patterned floors, and a shower with shower door

New - 3 days on Rocket

$5,938 Closing Credit¹

$500,000

4 beds • 2 baths • 1,600 sqft

335 O St SW, Washington DC 20024

Lonnie Whitehead II, Listing Office: KW Metro Center

kitchen featuring sink and appliances with stainless steel finishes

kitchen with sink, decorative backsplash, and appliances with stainless steel finishes

kitchen featuring light parquet floors, sink, stainless steel refrigerator, and cream cabinetry

New - 3 days on Rocket3D tour

$6,828 Closing Credit¹

$575,000

2 beds • 2 baths • 1,211 sqft

429 N St SW Unit S-705, Washington DC 20024

Steven Dean, Listing Office: Compass

entryway featuring an inviting chandelier and light wood-type flooring

unfurnished room featuring hardwood / wood-style flooring and a notable chandelier

New - 3 days on Rocket

$5,938 Closing Credit¹

$500,000

2 beds • 1.5 baths • 1,440 sqft

823 3rd St SW, Washington DC 20024

Jacqueline E Humenik, Listing Office: RE/MAX Realty Services

kitchen with sink, backsplash, stainless steel appliances, dark wood-type flooring, and light brown cabinets

kitchen with wood-type flooring, sink, decorative backsplash, stainless steel appliances, and light brown cabinets

New - 4 days on Rocket

$5,878 Closing Credit¹

$495,000

1 bed • 1 bath • 653 sqft

525 Water St SW Unit 108, Washington DC 20024

Leslie Jane Backoff, Listing Office: TTR Sotheby's International Realty

interior space with dark parquet flooring, ornamental molding, and a textured ceiling

kitchen with a textured ceiling, light tile patterned floors, sink, and black appliances

New - 6 days on Rocket

$3,859 Closing Credit¹

$325,000

1 bed • 1 bath • 835 sqft

1245 4th St SW Unit E 703, Washington DC 20024

Carl V Allen, Listing Office: Murrell, Inc., REALTORS

unfurnished room with light hardwood / wood-style floors and a chandelier

kitchen with tasteful backsplash, appliances with stainless steel finishes, sink, and white cabinetry

kitchen with white cabinets, decorative backsplash, sink, and stainless steel appliances

$3,266 Closing Credit¹

$275,000

1 bed • 1 bath • 521 sqft

300 M St SW Unit N111, Washington DC 20024

Christopher Craddock, Listing Office: EXP Realty, LLC

$5,166 Closing Credit¹

$435,000

1 bed • 1 bath • 959 sqft

490 M St SW Unit W802, Washington DC 20024

Kristopher F. Nelson, Listing Office: Compass

hall with ornamental molding and dark hardwood / wood-style floors

living room with ornamental molding, light hardwood / wood-style floors, and a healthy amount of sunlight

$5,759 Closing Credit¹

$485,000

2 beds • 2 baths • 867 sqft

1435 4th St SW Unit B812, Washington DC 20024

Amanda M Mills, Listing Office: Compass

living room featuring a textured ceiling and light parquet flooring

living room featuring a textured ceiling and light parquet floors

$4,857 Closing Credit¹

$409,000

2 beds • 1 bath • 995 sqft

700 7th St SW Unit 208, Washington DC 20024

Constance F Parker, Listing Office: Compass

kitchen featuring a raised ceiling, light stone counters, and a breakfast bar area

$6,709 Closing Credit¹

$565,000

2 beds • 1 bath • 990 sqft

700 7th St SW Unit 706, Washington DC 20024

Deirdre Jo Fricke, Listing Office: Compass

dining space featuring floor to ceiling windows, an inviting chandelier, light parquet floors, sink, and a textured ceiling

living room with a textured ceiling, a notable chandelier, and light parquet flooring

unfurnished room featuring light parquet floors, an inviting chandelier, and sink

$5,414 Closing Credit¹

$455,900

2 beds • 2 baths • 1,211 sqft

429 N St SW Unit S406, Washington DC 20024

Andrew A Peers, Listing Office: Compass

living room featuring light wood-type flooring

$8,063 Closing Credit¹

$679,000

2 beds • 2 baths • 935 sqft

525 Water St SW Unit 112, Washington DC 20024

Jennifer S Smira, Listing Office: Compass

Nearby markets

20003, DC

Popular Cities with Homes for Sale in District of Columbia

Homes for sale in Washington, DC

MLS Disclaimers and Copyright

Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

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: 1/27/2025, 9:23:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.