New - 2 days on Rocket
$891 Closing Credit¹
#DCDC2185922, Stephen L Queen, Listing Office: Bennett Realty Solutions
Washington Housing Market Report January 2025•District of Columbia County, District of Columbia
Housing Prices in Washington, DC
How much do homes in Washington, DC cost?
Housing Market Conditions
Is Washington, DC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Washington is a Buyer's Market
Difference Since January 2024
At the same time last year, Washington was a Seller's Market.
Insight
Washington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$673,815$507/SqFt
+$13,922
+2.1%
Based on all homes sold in the last 12 months
Insight
Homes in Washington have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Washington was $673,815 in January 2025, up 2.1% from last year, and the median price per square foot was $507.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Alexandria | $624.9K | $666.2K | +6.6% |
| Mount Rainier | $515K | $530K | +2.9% |
| Washington | $659.8K | $673.8K | +2.1% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $386.5K | $385.1K | -0.4% |
| 22 Bedrooms | $620.7K | $610.4K | -1.7% |
| 33 Bedrooms | $725.2K | $722K | -0.4% |
| 44 Bedrooms | $1.0M | $1.0M | +2.0% |
| 55+ Bedrooms | $1.6M | $1.6M | 0.2% |
Summary: Washington housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -0.4%. The home price for 2 bedroom homes decreased by -1.7%. The home price for 3 bedroom homes decreased by -0.4%. The home price for 4 bedroom homes increased by +2.0%. The home price for 5 bedroom homes increased by 0.2%.
Housing supply in Washington, DC
How many homes are available in Washington, DC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3,210Last MonthJan 2025 | ||
| 2,8642 months agoDec 2024 | +12.1 % Change MoMDec – Jan |
Summary: The Washington real estate market had 3,210 homes for sale in Jan 2025, a 12.1 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 378Last MonthJan 2025 | ||
| 5052 months agoDec 2024 | -25.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 554 | 643 | +16.1% |
| 22 Bedrooms | 813 | 927 | +14.0% |
| 33 Bedrooms | 760 | 826 | +8.7% |
| 44 Bedrooms | 438 | 472 | +7.8% |
| 55+ Bedrooms | 299 | 342 | +14.4% |
Summary: Washington housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +16.1%. The inventory for 2 bedroom homes increased by +14.0%. The inventory for 3 bedroom homes increased by +8.7%. The inventory for 4 bedroom homes increased by +7.8%. The inventory for 5 bedroom homes increased by +14.4%.
Asking Price vs. Sold Price
How much do homes in Washington, DC cost?
Over Asking Price87 Homes
At Asking Price93 Homes
Under Asking Price198 Homes
Insight
If you're buying a home in Washington, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 378 homes were sold or pending in Washington in January 2025, down by 25.1% month-over-month. Of the 378 sold homes, 52% were sold under asking, 25% were sold at asking, and and 23% were sold over asking.
Days on Market for Washington, DC
How long does it take to sell a home in Washington, DC?
Breakdown of Home Sale Times
Under 30 Days171 Homes
30 – 90 Days126 Homes
Over 90 Days81 Homes
Insight
Many homes in Washington are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 378 homes were sold in Washington; 45% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 59 DaysThis YearJan 2025 | ||
| 55 Days1 year agoJan 2024 | +7.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Washington had an average listing age of 59 days in Jan 2025, up by 7.4% compared to the previous year.
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Newest Listings in Washington, DC
What homes are available in Washington, DC?
New - 2 days on Rocket
$2,375 Closing Credit¹
#DCDC2185658, Keri K. Shull, Listing Office: EXP Realty, LLC
Coming soon
$10,000 Closing Credit¹
#DCDC2185746, Megan Meekin, Listing Office: Compass
Coming soon
$10,000 Closing Credit¹
#DCDC2185906, Joan Cromwell, Listing Office: TTR Sotheby's International Realty
New - 2 days on Rocket
$4,749 Closing Credit¹
#DCDC2173764, John M Barry Jr., Listing Office: Compass
Coming soon
$10,000 Closing Credit¹
#DCDC2184786, Eric P Stewart, Listing Office: Long & Foster Real Estate, Inc.
New - 2 days on Rocket
$8,253 Closing Credit¹
#DCDC2185894, Shanu T Okwesa, Listing Office: Equilibrium Realty, LLC
New - 2 days on Rocket
$9,797 Closing Credit¹
#DCDC2168554, Rebecca Weiner, Listing Office: Compass
New - 2 days on Rocket
$7,113 Closing Credit¹
#DCDC2185806, Mattia D'Affuso, Listing Office: TTR Sotheby's International Realty
Coming soon
$3,741 Closing Credit¹
#DCDC2185506, Marc A Dosik, Listing Office: Century 21 Redwood Realty
Coming soon
$10,000 Closing Credit¹
#DCDC2185254, Ryan T DaSilva, Listing Office: Compass
New - 2 days on Rocket
$10,000 Closing Credit¹
#DCDC2185896, Maria Fernanda Delgado, Listing Office: Hestia Realtors
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: 2/19/2025, 3:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.