The Near Southeast housing market is very competitive. The median sale price of a home in Near Southeast was $740K last month, up 10.1% since last year. The median sale price per square foot in Near Southeast is $695, up 7.4% since last year.
What is the housing market like in Near Southeast today?
In March 2024, Near Southeast home prices were up 10.1% compared to last year, selling for a median price of $740K. On average, homes in Near Southeast sell after 70 days on the market compared to 59 days last year. There were 11 homes sold in March this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$740,000
+10.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Near Southeast, DC
$740,000
+10.1%
United States
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How hot is the Near Southeast housing market?
Near Southeast is very competitive. Homes sell in 18 days.
0
100
84
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 18 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.
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 Near Southeast housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Near Southeast.
Risk Factor
Flood Factor - Moderate
45% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Near Southeast has a moderate risk of flooding. 19 properties in Near Southeast are likely to be
severely affected
by flooding over the next 30 years. This represents 45% of all properties in Near Southeast. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Near Southeast has a minor risk of wildfire. There are 1 properties in Near Southeast that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Near Southeast.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Near Southeast has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Near Southeast is most at risk from hurricanes. 489 properties in Near Southeast 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 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 74 mph.