What's Hot: The Most Expensive Home In Chevy Chase Will Hit The Market For Just South Of $10 Million
$373,000 or Less: DC's Five Cheapest Housing Markets
✉️ Want to forward this article? Click here.
The story in the DC-area housing market in recent months has been low supply, high demand and even higher prices. Today, UrbanTurf is taking a look at some of the least expensive markets in the city in 2020.
To determine the most affordable housing markets, we looked at the advertised subdivisions in DC with the lowest median home sales prices this year. (Neighborhoods were required to have at least 20 home sales this year to qualify.)
The least expensive markets are split between opposite sides of the city, with Marshall Heights, a neighborhood east of the Anacostia River, the most bargain-friendly with a median price of $294,500.
story continues below
loading...story continues above
The next two neighborhoods on the list -- Foggy Bottom and Observatory Circle -- are the only NW DC entrants. While homes in these areas can be expensive, the median prices are low given the high volume of condo and co-op sales there. Rounding out the list are Congress Heights and Deanwood where, despite prices rising annually, the neighborhoods remain some of the city's most affordable.
Similar Posts:
- The 5 DC Neighborhoods Where You Are Paying Above Asking in 2020
- The 10 Neighborhoods Where Homes Are Selling Fastest in DC
This article originally published at https://dc.urbanturf.com/articles/blog/373000-or-less-dcs-five-cheapest-housing-markets/17044.
Most Popular... This Week • Last 30 Days • Ever
If the home ultimately sells for around that list price, it would set a record as the... read »
When purchasing a home, it's crucial to conduct a thorough inspection to determine th... read »
The federal government could be shut down by the end of today, and that shutdown coul... read »
The multi-faceted project will include restaurant, bar, fitness and event spaces.... read »
Right on the heels of a $29 million home along Foxhall Road going under contract to T... read »
- Fox News Bret Baier's $29 Million DC Home Finds A Buyer
- A Home Inspection Primer For New Home Buyers
- How a Government Shutdown Could Affect Home Loans
- Union Market Lite? New Food Hall And Event Space Planned For H Street Corridor
- The Trump Effect Continues: $10 Million Georgetown Condo Goes Under Contract
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro
