$5,332 Closing Credit¹
#DCDC2173704, Theresa Helfman Taylor, Listing Office: TTR Sotheby's International Realty
River Terrace Housing Market Report January 2025•District of Columbia County, District of Columbia
Housing Prices in River Terrace, DC
How much do homes in River Terrace, DC cost?
Housing Market Conditions
Is River Terrace, DC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
River Terrace is a Seller's Market
Difference Since January 2024
Since last year, River Terrace has remained a Seller's Market.
Insight
River Terrace is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$399,499$344/SqFt
-$400
-0.1%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in River Terrace has remained the same since last year.
Summary: The median home sold price in River Terrace was $399,499 in January 2025, down 0.1% from last year, and the median price per square foot was $344.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| River Terrace | $399.9K | $399.4K | -0.1% |
| River Terrace / Benning / Greenway / Fort Dupont | $402.5K | $380K | -5.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $380K | $372.4K | -2.0% |
| 33 Bedrooms | $430K | $465K | +8.1% |
| 44 Bedrooms | - | $485K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: River Terrace housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -2.0%. The home price for 3 bedroom homes increased by +8.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in River Terrace, DC
How many homes are available in River Terrace, DC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthJan 2025 | ||
| 162 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The River Terrace real estate market had 16 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthJan 2025 | ||
| 32 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 9 | 7 | -22.2% |
| 33 Bedrooms | 7 | 9 | +28.6% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: River Terrace housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -22.2%. The inventory for 3 bedroom homes increased by +28.6%. 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 River Terrace, DC cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in River Terrace, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in River Terrace in January 2025, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.
Days on Market for River Terrace, DC
How long does it take to sell a home in River Terrace, DC?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in River Terrace are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 3 homes were sold in River Terrace; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 9 DaysThis YearJan 2025 | ||
| 72 Days1 year agoJan 2024 | -86.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in River Terrace had an average listing age of 9 days in Jan 2025, down by 86.7% compared to the previous year.
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Newest Listings in River Terrace, DC
What homes are available in River Terrace, DC?
$5,920 Closing Credit¹
#DCDC2174216, Justin Tanner, Listing Office: RE/MAX Allegiance
$4,334 Closing Credit¹
#DCDC2172792, Jaymie K Terrell, Listing Office: Coldwell Banker Realty - Washington
$4,453 Closing Credit¹
#DCDC2166538, Hanna G Negussie, Listing Office: District Realty INC
#DCDC2163264, Kokeb M Tarekegn, Listing Office: Taylor Properties
$3,563 Closing Credit¹
#DCDC2163388, Mona Abourjeily, Listing Office: Keller Williams Capital Properties
$4,619 Closing Credit¹
#DCDC2161288, Deborah L Baxter, Listing Office: EXP Realty, LLC
$4,156 Closing Credit¹
#DCDC2160256, Lyndsi Armenio, Listing Office: Douglas Elliman of Metro DC, LLC
$5,106 Closing Credit¹
#DCDC2159324, Melanie Hope Harris, Listing Office: RE/MAX Real Estate Connections
$4,323 Closing Credit¹
#DCDC2144882, Geraldine W Carter, Listing Office: Exit Landmark Realty
$5,403 Closing Credit¹
#DCDC2134248, Marlena D McWilliams, Listing Office: Keller Williams Capital Properties
Backup offers
$5,338 Closing Credit¹
#DCDC2112002, Shurnell Cathey, Listing Office: RE/MAX Advantage Realty
Popular Cities with Homes for Sale in District of Columbia
MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
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: 2/3/2025, 1:24:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.