Washington, D.C. Real Estate

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About District of Columbia real estate

Washington DC's housing market runs on federal employment and the agencies around it, with neighborhood character varying as dramatically as in any major city.

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Expert take: Federal government employment provides stability. Inventory remains constrained in popular neighborhoods.

White two-story farmhouse with a covered front porch
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By the Numbers

$550,000Median listing price statewide
1Active DC REALTORS® on this network
680,000Population
WashingtonCapital
eXp Realty District of ColumbiaBrokerage

District of Columbia market snapshot

Market data is updated periodically and deemed reliable but not guaranteed.

Median listing price
$550,000
-10.6% YoY
Days on market
43
median
Active listings
2,000+
on market
YoY price change
-10.6%
12-month

District of Columbia through experienced eyes

Find a Home Network Perspective
Authored by the Find a Home Network.

What makes District of Columbia different.

DC is the only US capital not located in any state. Property taxes are middle-of-the-pack nationally, but high home values drive high absolute amounts.

Current conditions.

District of Columbia's median listing price is $550,000, with homes taking a median 43 days to sell and 2,000+ active listings.

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Read District of Columbia by metro, not by state.

The single biggest trend.

Federal government employment provides stability. Inventory remains constrained in popular neighborhoods.

Where to look in District of Columbia

Median sale prices are directional public-data estimates.

Washington DC proper

Washington DC proper

Median sale price: $645,000

Federal government anchor. Submarkets vary dramatically: Georgetown and West End luxury, Capitol Hill historic, Petworth and Brookland family neighborhoods.

Schools & Education

DC Public Schools and DC charter schools operate side by side. Top charter and selective schools (School Without Walls, BASIS DC, Banneker) are competitive.

Climate & Weather

Humid subtropical. Hot, humid summers. Mild winters with occasional snow.

Questions buyers and sellers ask us most

How much do I need for a down payment in District of Columbia?

For conventional loans, 20% down on the District of Columbia median of $550,000 would be $110,000. Most District of Columbia buyers close with 3-5% down via conventional, FHA (3.5% down), or VA (0% for eligible service members). Check with a local lender.

What is the best time of year to buy a home in District of Columbia?

Late summer through early fall is historically the most favorable buyer window across most US markets, and District of Columbia follows this pattern. Spring has the most inventory but the most competition. Winter has the least of both.

Can I buy a home in District of Columbia without seeing it in person?

Yes. A local REALTOR® running video walkthroughs, paired with a thorough inspection contingency, makes a remote purchase manageable. Most District of Columbia agents are comfortable with this workflow.

How long does it take to close on a home in District of Columbia?

30-45 days is typical for a financed purchase, and 14-21 days is achievable for cash. The bottleneck is usually appraisal and lender underwriting, not title work.

Guidance That Moves You Forward

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