Washington, DC 20047 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Washington, DC — 20047
Median Listing Price
--
Population
--
Households
324,491
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
361K
units
Occupied
324,491
89.9%
Vacant
36,523
10.1%
2024 Tenure
324K
occupied
Owner
134,683
41.5%
Renter
189,808
58.5%
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
County Demographics
Median Age
34.9
2024
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
1.99
0.0% YoY
Age
2024 Age Mix
681K
residents
Under 18
127,314
18.7%
Adults 18–64
466,821
68.5%
65 & Over
87,159
12.8%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
127,314
+1.3% YoY
Population 65 & Over
87,159
+1.9% YoY
Median Age
34.90
0.0% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
80.2%
Moved (within US)
18.2%
Other
1.6%
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 alone
27.4%
Public transit
20.3%
Worked from home
33.0%
Other
19.3%
Worked From Home
33.0%
+12.2% YoY
Mean Commute
30.00
-1.0% YoY
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