What's Hot: The 2,600 Units in Progress, and 500 Units on Hold, in Rosslyn | Do Three Months of Rising Home Sales Mean The Market is Turning a Corner?
$375,000 or Less: DC's Five Cheapest Housing Markets in 2020

The story in the DC-area housing market for most of 2020 has been rising prices, culminating in a November when homes prices in DC proper hit their highest level on record. 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 15 home sales this year to qualify.)
As has been the case in recent years, the least expensive markets are split between opposite sides of the city, with Van Ness, a neighborhood between Cleveland Park and Chevy Chase, the most bargain-friendly with a median price of $272,450.
story continues below
loading...story continues above

Van Ness and Foggy Bottom made the list this year because the homes sold in these two neighborhoods were almost entirely condos and co-ops. The three neighborhoods rounding out the list -- all east of the Anacostia River -- saw a much lower volume of condo and co-op sales.
Interestingly, Van Ness was the only neighborhood in which home prices dropped year-over-year. In Congress Heights and Marshall Heights, prices rose 9% and 11%, respectively; in Barry Farm, prices jumped a whopping 43%.
See other articles related to: dc housing market, dc housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/375000-or-less-dcs-five-cheapest-housing-markets-in-2020/17661.
Most Popular... This Week • Last 30 Days • Ever

New renderings show the public space that will be part of the huge new residential de... read »

Several large projects are in the works across the Potomac in Rosslyn while others ha... read »

In this week's edition of Above Asking, we highlight a home in Mount Pleasant that so... read »

As Los Angeles looks to implement a "mansion tax" on April 1, UrbanTurf decided to ta... read »

The 2023 Home Buyers and Sellers Generational Trends report out today found that bab... read »
- New Renderings Show Retail Plaza, Park at 435-Unit Takoma Metro Development
- The 2,600 Units in Progress, and 500 Units on Hold, in Rosslyn
- 12 Offers, $273,000 Above Asking in Mount Pleasant
- A Closer Look at the Mansion Tax
- Baby Boomers Pass Millennials As Largest Generation of Homebuyers, Per Report
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. Visit guides.urbanturf.com or 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