What's Hot: The 4 Projects in the Works (Or on Hold) Near DC's Starburst Intersection | This Week's Find: Fit For Art in the Palisades
$408,000 or Less: DC's Five Most Affordable Neighborhoods in 2021
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 belowloading...
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
Our guide for amateur landlords who don't really know what they're doing.... read »
The Massachusetts Avenue Heights home was previously owned by the former chief execut... read »
A large new apartment and townhouse project has been pitched for the growing pipeline... read »
On Friday, Mayor Muriel Bowser and the Office of the Deputy Mayor for Planning and Ec... read »
In this week's Under Contract, we highlight two homes that found buyers just shortly ... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
The residential projects that have sprouted up on the Maryland and DC sides of the Fr... read »
With a groundbreaking ceremony on Wednesday, the redevelopment of the Georgetown Wes... read »
The immaculately kept 100-year-old house features six bedrooms and four-and-a-half ba... read »
Ten years later, plans to construct nearly 150 townhomes at DC's most hotly debated d... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- The Essential Guide to Being an Amateur Landlord in DC
- Washington Spirit Owner Michele Kang Lists DC Home for $14.5 Million
- A Two-Phase, 370-Unit Development Pitched For Columbia Pike Gas Station Site
- Apartments, A Plaza + Dave Chapelle: The Future Plans for 14th and U
- Under Contract: That Didn't Take Long
- First-Timer Primer: Virginia's Home Buyer Assistance Programs
- Mall Conversions, Trader Joes? The 1,500 Units in the Friendship Heights Pipeline
- The Four Seasons Private Residences in Georgetown Break Ground
- Now Selling: A 16th Street Heights Victorian on an Island of Its Own
- Reservoir District: 146 Townhomes Planned at McMillan Site Look For Final Design Approval
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!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro