The 20003 housing market is very competitive. Homes in 20003 receive 4 offers on average and sell in around 28 days. The median sale price of a home in 20003 was $875K last month, up 9.4% since last year. The median sale price per square foot in 20003 is $636, down 3.3% since last year.
In May 2024, 20003 home prices were up 9.4% compared to last year, selling for a median price of $875K. On average, homes in 20003 sell after 28 days on the market compared to 35 days last year. There were 119 homes sold in May this year, down from 125 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$875,000
+9.4% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
20003, DC
$875,000
+9.4%
United States
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How hot is the 20003 housing market?
20003 is very competitive. Homes sell in 28 days.
0
100
71
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 28 days.
Hot homes
can sell for about 3% above list price and go pending in around 6 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
20003, DC
99.8%
+0.1 pt
United States
Home offer insights for 20003
Explore recent offers and recently sold homes in 20003
Recent offers
Winning Offer|
9 Weeks Ago
~$700K Offer
3bd | 3ba | ~1,500sqft
Under List Price
4%
Days on Market
88
Competing Offers
0
Down Payment
~10%
Tiernan Dickens
20003 Redfin Agent
We negotiated a favorable deal with all contingencies intact!
Offer Not Accepted|
6 Weeks Ago
~$1.25M Offer
Sold for $1.25M
3bd | 2.5ba | ~2,500sqft
Over List Price
0%
Days on Market
6
Competing Offers
8
Down Payment
~20%
Rob Wittman
20003 Redfin Agent
This home on Capitol Hill was very busy from day 1. We knew we would have to be aggressive and while we expected the price could reach $1,310,000 we were only comfortable to a certain point. Our offer was ultimately very clean but fell into the pack. We did offer a last minute increase via an escalation addendum but the winning bid was higher. …
More
Offer Not Accepted|
6 Weeks Ago
~$1.25M Offer
Sold for $1.25M
3bd | 2.5ba | ~2,500sqft
Over List Price
2%
Days on Market
6
Competing Offers
10
Down Payment
~20%
Arlene Fernandez
20003 Redfin Agent
Seller received 10 offers. Clients offer is higher than listing price, FHA, no inspection, 21 day close.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 20003 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 20003.
Risk Factor
Flood Factor - Major
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
20003 has a major risk of flooding. 687 properties in 20003 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 20003. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
20003 has a minor risk of wildfire. There are 1 properties in 20003 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 20003.
98% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
20003 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 20003 is most at risk from hurricanes. 7,879 properties in 20003 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.