1 day on Rocket
$4,275 Closing Credit¹
#DCDC2195052, Noah Fields, Listing Office: Long & Foster Real Estate, Inc.
Michigan Park / University Heights Housing Market Report March 2025•District of Columbia County, District of Columbia
Housing Prices in Michigan Park / University Heights, DC
How much do homes in Michigan Park / University Heights, DC cost?
Housing Market Conditions
Is Michigan Park / University Heights, DC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Michigan Park / University Heights is a Buyer's Market
Difference Since March 2024
At the same time last year, Michigan Park / University Heights was a Seller's Market.
Insight
Michigan Park / University Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$542,500$378/SqFt
-$92,500
-14.6%
Based on all homes sold in the last 12 months
Insight
Homes in Michigan Park / University Heights have sold for 14.6% less than they did a year ago.
Summary: The median home sold price in Michigan Park / University Heights was $542,500 in March 2025, down 14.6% from last year, and the median price per square foot was $378.
Median Sold Price By Neighborhoods
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Michigan Park / University Heights | $635K | $542.5K | -14.6% |
| Michigan Park | $640K | $542.5K | -15.2% |
| North Michigan Park | $696.7K | $545K | -21.8% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $236K | $151K | -36.0% |
| 22 Bedrooms | $497.5K | $498K | 0.1% |
| 33 Bedrooms | $650K | $542.5K | -16.5% |
| 44 Bedrooms | $703.7K | $715K | +1.6% |
| 55+ Bedrooms | $965K | $760K | -21.2% |
Summary: Michigan Park / University Heights housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -36.0%. The home price for 2 bedroom homes increased by 0.1%. The home price for 3 bedroom homes decreased by -16.5%. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes decreased by -21.2%.
How does Michigan Park / University Heights, DC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Michigan Park / University Heights, DC
Housing supply in Michigan Park / University Heights, DC
How many homes are available in Michigan Park / University Heights, DC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthMar 2025 | ||
| 332 months agoFeb 2025 | +54.5 % Change MoMFeb – Mar |
Summary: The Michigan Park / University Heights real estate market had 51 homes for sale in Mar 2025, a 54.5 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthMar 2025 | ||
| 42 months agoFeb 2025 | +75.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 5 | 6 | +20.0% |
| 33 Bedrooms | 15 | 26 | +73.3% |
| 44 Bedrooms | 10 | 14 | +40.0% |
| 55+ Bedrooms | 2 | 3 | +50.0% |
Summary: Michigan Park / University Heights housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +73.3%. The inventory for 4 bedroom homes increased by +40.0%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Michigan Park / University Heights, DC cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Michigan Park / University Heights, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Michigan Park / University Heights in March 2025, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and and 14% were sold over asking.
Days on Market for Michigan Park / University Heights, DC
How long does it take to sell a home in Michigan Park / University Heights, DC?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days3 Homes
Insight
Most homes in Michigan Park / University Heights are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 7 homes were sold in Michigan Park / University Heights; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 68 DaysThis YearMar 2025 | ||
| 39 Days1 year agoMar 2024 | +75.1 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Michigan Park / University Heights had an average listing age of 68 days in Mar 2025, up by 75.1% compared to the previous year.
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Newest Listings in Michigan Park / University Heights, DC
What homes are available in Michigan Park / University Heights, DC?
2 days on Rocket
$6,472 Closing Credit¹
#DCDC2195838, Sabrina Zahid Oropeza, Listing Office: TTR Sotheby's International Realty
Coming soon
$5,641 Closing Credit¹
#DCDC2195604, Michael Jaffee, Listing Office: Taylor Properties
Coming soon
$7,832 Closing Credit¹
#DCDC2186068, Harrison l Beacher, Listing Office: Keller Williams Capital Properties
$6,282 Closing Credit¹
#DCDC2194784, Roby C Thompson III, Listing Office: Long & Foster Real Estate, Inc.
$10,000 Closing Credit¹
#DCDC2194906, Nathan Daniel Johnson, Listing Office: Keller Williams Capital Properties
Backup offers
$7,541 Closing Credit¹
#DCDC2183872, Tamara Miller, Listing Office: Compass
Coming soon
$5,938 Closing Credit¹
#DCDC2194346, Kelly B. Quarles, Listing Office: CENTURY 21 Envision
$7,897 Closing Credit¹
#DCDC2190524, Amanda S Hursen, Listing Office: RLAH @properties
$8,894 Closing Credit¹
#DCDC2194012, Thomas S Hennerty, Listing Office: NetRealtyNow.com, LLC
$3,349 Closing Credit¹
#DCDC2193770, Jennifer S Smira, Listing Office: Compass
$8,906 Closing Credit¹
#DCDC2193484, Jose L Guzman, Listing Office: United Real Estate
Nearby markets
- North Michigan Park, DC
- Michigan Park, DC
- University Heights, DC
- Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, DC
- Brookland, DC
- Woodridge, DC
- Edgewood, DC
- Brookland / Brentwood / Langdon, DC
- Chillum, MD
- Woodridge / Fort Lincoln / Gateway, DC
- Edgewood / Bloomingdale / Truxton Circle / Eckington, DC
- Northeast, DC
Popular Cities with Homes for Sale in District of Columbia
MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 04/01/2023 - 04/01/2025
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: 4/18/2025, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.