The Chinatown / Mount Vernon Square / Penn Quarter housing market is somewhat competitive. The median sale price of a home in Chinatown / Mount Vernon Square / Penn Quarter was $535K last month, up 4.1% since last year. The median sale price per square foot in Chinatown / Mount Vernon Square / Penn Quarter is $650, up 2.9% since last year.
Chinatown / Mount Vernon Square / Penn Quarter Housing Market Trends
What is the housing market like in Chinatown / Mount Vernon Square / Penn Quarter today?
In March 2024, Chinatown / Mount Vernon Square / Penn Quarter home prices were up 4.1% compared to last year, selling for a median price of $535K. On average, homes in Chinatown / Mount Vernon Square / Penn Quarter sell after 55 days on the market compared to 87 days last year. There were 51 homes sold in March this year, up from 48 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$535,000
+4.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Chinatown / Mount Vernon Square / Penn Quarter, DC
$535,000
+4.1%
United States
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How hot is the Chinatown / Mount Vernon Square / Penn Quarter housing market?
Chinatown / Mount Vernon Square / Penn Quarter is somewhat competitive. Homes sell in 55 days.
0
100
46
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 55 days.
Hot homes
can sell for around list price and go pending in around 29 days.
Schools in Chinatown / Mount Vernon Square / Penn Quarter
Learn about schools in the Chinatown / Mount Vernon Square / Penn Quarter area
Elementary
Middle
High
GreatSchools Rating
7/10
Thomson Elementary School
Public • PreK-5
331
Students
14 reviews
4/10
Walker-Jones Education Campus
Public • PreK-8
384
Students
4 reviews
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 Chinatown / Mount Vernon Square / Penn Quarter housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Chinatown / Mount Vernon Square / Penn Quarter.
Risk Factor
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Chinatown / Mount Vernon Square / Penn Quarter has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information
Provided by First Street Foundation
Transportation in Chinatown / Mount Vernon Square / Penn Quarter
Learn about the walkability, bikeability, and transit-friendliness of Chinatown / Mount Vernon Square / Penn Quarter
More real estate resources for Chinatown / Mount Vernon Square / Penn Quarter
New Listings in Chinatown / Mount Vernon Square / Penn Quarter