What's Hot: 142-Unit Development At Inn of Rosslyn Site Moves Forward | Mortgage Rates Inch Closer To 7%
$408,000 or Less: DC's Five Most Affordable Neighborhoods in 2021
✉️ Want to forward this article? Click here.
Last week, UrbanTurf highlighted how much home prices rose in DC's million-dollar neighborhoods in 2021. Today, we highlight the five neighborhoods that were the most affordable for homebuyers last year.
For this article, we looked at the advertised subdivisions in DC with the lowest median home prices in 2021, only counting neighborhoods with at least 20 home sales. Most of the neighborhoods listed in the table below have long been known as having relatively affordable homes for sale, although for Van Ness, Cathedral Heights and Foggy Bottom, that affordability is largely due to a high prevalence of condos and co-ops.
story continues below
loading...story continues above
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 $229,000. In Van Ness as well as Barry Farms which is east of the Anacostia River, home prices fell annually which certainly wasn't the norm for the city last year. Rounding out the list are Foggy Bottom, Cathedral Heights and Randle Heights, all neighborhoods with prices well below the city median.
See other articles related to: dc home prices, dc housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/408000-or-less-dcs-five-most-affordable-neighborhoods-in-2021/19255.
Most Popular... This Week • Last 30 Days • Ever
Buffett called the five-bedroom listing home when his father, Howard Buffett, was ser... read »
Estate taxes, also known as inheritance taxes or death duties, are taxes imposed on t... read »
The application may signal movement on the massive mixed-use project.... read »
Penzance has unveiled its striking new plans for Rosslyn.... read »
A new report finds that the current housing market is split into two groups.... read »
- The Oracle of Spring Valley: Warren Buffett's Childhood Home in DC Hits the Market
- What Are Estate Taxes and How Do They Work?
- Raze Application Filed For Site Of 900-Unit Development, Food Hall Along Anacostia River
- Three Buildings, 862 Units: The New Plans For Rosslyn's Skyline
- The Two Housing Markets
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