The median sale price of a home in Penn Quarter was $448K last month, down 0.11% since last year. The median sale price per square foot in Penn Quarter is $677, up 11.9% since last year.
What is the housing market like in Penn Quarter today?
In March 2024, Penn Quarter home prices were down 0.11% compared to last year, selling for a median price of $448K. On average, homes in Penn Quarter sell after 40 days on the market compared to 122 days last year. There were 8 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$447,500
-0.11% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Penn Quarter, DC
$447,500
-0.11%
United States
To compare other locations to the Penn Quarter and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Washington, DC add value to a home.
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How hot is the Penn Quarter housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.7%
+2.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Penn Quarter, DC
98.7%
+2.8 pt
United States
Home offer insights for Penn Quarter
Explore recent offers and recently sold homes in Penn Quarter
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 Penn Quarter housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Penn Quarter.
Risk Factor
Flood Factor - Moderate
59% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Penn Quarter has a moderate risk of flooding. 0 properties in Penn Quarter are likely to be
severely affected
by flooding over the next 30 years. This represents 59% of all properties in Penn Quarter. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Penn Quarter has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Penn Quarter is most at risk from hurricanes. 69 properties in Penn Quarter 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.