Washington, District of Columbia Real Estate Market Analysis

dynamic.RE

Washington, District of Columbia

50 ZIPs in this city:20001 20002 20003 20004 20005 20006 20007 20008 20009 20010 20011 20012 20013 20015 20016 20017 20018 20019 20020 20024 20026 20027 20029 20030 20032 20033 20035 20036 20037 20038 20039 20040 20041 20042 20043 20044 20045 20047 20049 20052 20053 20055 20056 20057 20058 20059 20060 20062 20063 20064

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+1.8%

Slower

Price vs US

138%

Above avg

Median Listing Price

$575K

Population

680,612

Households

324,451

Median Days on Market

Active Listings

2,221

New Listings

616

Housing Market

Pricing

Median Listing Price

$575K-7.8% YoY

Average Listing Price

$802K-7.5% YoY

Price per Sq Ft

$463.615-7.3% YoY

Median Sq Ft

1,273-2.1% YoY

Inventory

Active Listings

2,221-21.9% YoY

New Listings

616-31.4% YoY

Total Listings

2,874-20.9% YoY

Buyer Competition

Pending Listings

656-16.6% YoY

Pending Ratio

0.29+6.1% YoY

Median Days on Market

61+4.3% YoY

Price Reduced

16.5%+9.5% YoY

Units & Occupancy

2024 Occupancy

361Kunits

Occupied324,49189.9%
Vacant36,52310.1%

2024 Tenure

324Koccupied

Owner134,68341.5%
Renter189,80858.5%

Renter Share

58.5%-0.6% YoY

Total Housing Units

361,014+1.4% YoY

FY2026 Fair Market Rent — District of Columbia

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,953

/month

1 BR

$2,015

/month

2 BR

$2,246

/month

3 BR

$2,835

/month

4 BR

$3,332

/month

FMR Trends — District of Columbia

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

680,612+1.4% YoY

2024 Age Mix

681Kresidents

Under 18127,17018.7%
Adults 18–64466,28968.5%
65 & Over87,15312.8%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

35.590.0% YoY

Population Under 18

127,170+1.2% YoY

Population 65 & Over

87,153+2.0% YoY

Households & Mobility

Total Households

324,451+0.9% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

1.990.0% YoY

2024 Residential Mobility

of residents

Same house80.2%
Moved (within US)18.2%
Other1.6%

Veterans

3.6%-5.5% YoY

Income & Poverty

Median Household Income

$116K+2.4% YoY

Per-Capita Income

$77K+2.8% YoY

Mean Household Income

$162K+3.0% YoY

Below Poverty Level

15.8%+4.0% YoY

Commuting

2024 Commute Mode

of workers

Drove alone29.3%
Public transit20.6%
Worked from home31.7%
Other18.3%

Worked From Home

31.7%+12.1% YoY

Mean Commute

30.22-1.2% YoY

Units & Tenure

Total Housing Units

360,959+1.4% YoY

2024 Occupancy

361Kunits

Occupied324,45189.9%
Vacant36,50810.1%

2024 Tenure

324Khouseholds

Owner134,66841.5%
Renter189,78358.5%

Avg Household Size — Owner

2.20-0.1% YoY

Avg Household Size — Renter

1.85+0.2% YoY

County Demographics

Median Age

34.92024

Population

District of Columbia Population

702,250+2.2% YoY

Households

Total Households

324,491+0.9% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

1.990.0% YoY

Age

2024 Age Mix

681Kresidents

Under 18127,31418.7%
Adults 18–64466,82168.5%
65 & Over87,15912.8%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

127,314+1.3% YoY

Population 65 & Over

87,159+1.9% YoY

Median Age

34.900.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house80.2%
Moved (within US)18.2%
Other1.6%

Veterans

3.5%-7.9% YoY

County Economy

Income

Median Household Income

$110K+3.4% YoY

Per-Capita Income

$77K+2.8% YoY

Mean Household Income

$162K+3.0% YoY

Poverty

Below Poverty Level

15.4%+6.2% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone27.4%
Public transit20.3%
Worked from home33.0%
Other19.3%

Worked From Home

33.0%+12.2% YoY

Mean Commute

30.00-1.0% YoY

Washington, District of Columbia

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+1.8%

Slower

Price vs US

138%

Above avg

Median Listing Price

$575K

Population

680,612

Households

324,451

Median Days on Market

Active Listings

2,221

New Listings

616

Housing Market

Pricing

Median Listing Price

$575K-7.8% YoY

Average Listing Price

$802K-7.5% YoY

Price per Sq Ft

$463.615-7.3% YoY

Median Sq Ft

1,273-2.1% YoY

Inventory

Active Listings

2,221-21.9% YoY

New Listings

616-31.4% YoY

Total Listings

2,874-20.9% YoY

Buyer Competition

Pending Listings

656-16.6% YoY

Pending Ratio

0.29+6.1% YoY

Median Days on Market

61+4.3% YoY

Price Reduced

16.5%+9.5% YoY

Units & Occupancy

2024 Occupancy

361Kunits

Occupied324,49189.9%
Vacant36,52310.1%

2024 Tenure

324Koccupied

Owner134,68341.5%
Renter189,80858.5%

Renter Share

58.5%-0.6% YoY

Total Housing Units

361,014+1.4% YoY

FY2026 Fair Market Rent — District of Columbia

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,953

/month

1 BR

$2,015

/month

2 BR

$2,246

/month

3 BR

$2,835

/month

4 BR

$3,332

/month

FMR Trends — District of Columbia

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

680,612+1.4% YoY

2024 Age Mix

681Kresidents

Under 18127,17018.7%
Adults 18–64466,28968.5%
65 & Over87,15312.8%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

35.590.0% YoY

Population Under 18

127,170+1.2% YoY

Population 65 & Over

87,153+2.0% YoY

Households & Mobility

Total Households

324,451+0.9% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

1.990.0% YoY

2024 Residential Mobility

of residents

Same house80.2%
Moved (within US)18.2%
Other1.6%

Veterans

3.6%-5.5% YoY

Income & Poverty

Median Household Income

$116K+2.4% YoY

Per-Capita Income

$77K+2.8% YoY

Mean Household Income

$162K+3.0% YoY

Below Poverty Level

15.8%+4.0% YoY

Commuting

2024 Commute Mode

of workers

Drove alone29.3%
Public transit20.6%
Worked from home31.7%
Other18.3%

Worked From Home

31.7%+12.1% YoY

Mean Commute

30.22-1.2% YoY

Units & Tenure

Total Housing Units

360,959+1.4% YoY

2024 Occupancy

361Kunits

Occupied324,45189.9%
Vacant36,50810.1%

2024 Tenure

324Khouseholds

Owner134,66841.5%
Renter189,78358.5%

Avg Household Size — Owner

2.20-0.1% YoY

Avg Household Size — Renter

1.85+0.2% YoY

County Demographics

Median Age

34.92024

Population

District of Columbia Population

702,250+2.2% YoY

Households

Total Households

324,491+0.9% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

1.990.0% YoY

Age

2024 Age Mix

681Kresidents

Under 18127,31418.7%
Adults 18–64466,82168.5%
65 & Over87,15912.8%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

127,314+1.3% YoY

Population 65 & Over

87,159+1.9% YoY

Median Age

34.900.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house80.2%
Moved (within US)18.2%
Other1.6%

Veterans

3.5%-7.9% YoY

County Economy

Income

Median Household Income

$110K+3.4% YoY

Per-Capita Income

$77K+2.8% YoY

Mean Household Income

$162K+3.0% YoY

Poverty

Below Poverty Level

15.4%+6.2% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone27.4%
Public transit20.3%
Worked from home33.0%
Other19.3%

Worked From Home

33.0%+12.2% YoY

Mean Commute

30.00-1.0% YoY