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Featured local agent — Washington, DC
Sarah Mitchell
Compass Real Estate · Washington, DC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Washington, DC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$740,000median sale price
How is the Washington, DC housing market right now?
The median home sale price in Washington, DC is $740,000, up 5.1% year-over-year. Homes sell in an average of 47 days with 3,116 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Washington a buyer's or seller's market?
Washington, DC is currently a balanced market, based on 4.8 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
649
Last 12 weeks
Days on market
47
Average pace
Active listings
3,116
4.8 months supply
Sale-to-list
99.6%
Below asking
What does the Washington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $740,000 |
| Median list price | $625,000 |
| Year-over-year price change | +5.1% |
| Average days on market | 47 days |
| Active inventory | 3,116 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $519/sq ft |
| Homes sold (latest month) | 649 |
| New listings (latest month) | 1,073 |
| Listings with a price cut | 26.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Washington by property type?
How the Washington, DC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.43M | $518/sq ft | 153 | 29 days |
| Condo / Co-op | $456,750 | $531/sq ft | 220 | 60 days |
| Townhouse | $834,111 | $480/sq ft | 262 | 44 days |
Source: Redfin · Updated monthly
The Washington housing market is currently classified as a balanced market with a median sale price of $740,000. Prices have risen 5.1% compared to last year, with homes spending an average of 47 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Washington
There are currently 3,116 homes listed for sale in Washington, District Of Columbia. The median listing price is $625K.
Active listings
3,116
Homes on market
Median list price
$625K
Avg. days on market
47
Days until sale
New this week
1,073
Newly listed
Who lives in Washington?
Population
672,079
Median income
$106,287/yr
Median age
34.9 years
Owner-occupied
41.1%
College grads
63.6%
Avg commute
30.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Washington?
Zillow home value
$579,159
Zillow rent index
$2,532/mo
Price-to-rent ratio
19.1x
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Washington?
Washington is a community of approximately 672K residents with a median age of 34.9 years.The median household income is $106,287, which reflects a relatively affluent area with strong earning potential. 63.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 41.1%, showing a blend of owner and renter-occupied properties. The average commute time is 30.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Washington offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Washington?
50 schools tracked · 35,904 students
The largest public schools serving Washington, DC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Jackson-Reed HS
Grades 9-12 · 1,994 students
District of Columbia International School
Grades 6-12 · 1,619 students
Columbia Heights Education Campus
Grades 6-12 · 1,494 students
Deal MS
Grades 6-8 · 1,420 students
Coolidge HS
Grades 9-12 · 1,093 students
Dunbar HS
Grades 9-12 · 984 students
Lafayette ES
Grades PK-5 · 933 students
Roosevelt HS
Grades 9-12 · 908 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Is Washington a good real estate investment market?
For investors evaluating Washington, the price-to-rent ratio of 19.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Washington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Washington's median home price.
Frequently asked questions
What is the average home price in Washington?
The median home sale price in Washington is $740,000, up 5.1% from last year.
How long do homes stay on market in Washington?
Homes typically spend 47 days on market before going under contract.
What is the median income in Washington?
The median household income is $106,287 per year.
Is Washington a buyer's or seller's market?
With 4.8 months of supply, Washington is currently a balanced market.
What is the Zillow home value estimate for Washington?
The Zillow Home Value Index (ZHVI) for Washington is $579,159, representing the typical home value in the area.
What is the median condo price in Washington?
The median condo/co-op sale price in Washington, DC is $456,750, compared to $1.43M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Washington?
The median single-family home price in Washington, DC is $1.43M (about $518 per square foot).
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