A Slower 2024: The Anacostia Housing Market, By The Numbers
✉️ Want to forward this article? Click here.
![2126-15th.jpg](https://assets.urbanturf.com/dc/images/blog/2024/05/2126-15th.jpg)
As the spring housing market nears its end, UrbanTurf continues looking at the neighborhood markets around the DC region. Today, we head over to Anacostia.
From about 2018-2022, home prices rose considerably in Anacostia before giving up a lot of those gains last year. So far in 2024, home prices have remained relatively flat in the neighborhood east of the Anacostia River, with sales volume on par with 2023. However, there are signs that the market is slower than last year. For one, there is about an 8-month supply of homes for sale, particularly high for the city. Second, the contract ratio is well below the 1.0 level, an indication that not many buyers are putting in offers.
story continues below
loading...story continues above
Below are some additional statistics we picked out about the Anacostia market.
- $385,000 -- The median home price in Anacostia, up 2% compared to last year.
- 21 -- The number of homes sold so far this year, up 5% from last year.
- 8 months -- The supply of homes for sale in the first quarter.
- 0.33 -- The contract ratio for Anacostia in March.
Photo courtesy of Trish Hamilton and Ty Cole.
See other articles related to: anacostia, anacostia home prices, anacostia housing market
This article originally published at https://dc.urbanturf.com/articles/blog/a_slower_2024_the_anacostia_housing_market_by_the_numbers/22361.
Most Popular... This Week • Last 30 Days • Ever
![Buying with Friends: What You Should Know](https://assets.urbanturf.com/dc/images/blog/2010/05/home_value.jpg)
Here are some precautions to take before buying real estate with a buddy.... read »
![$10 Million McLean Home Of Former Nationals Star Stephen Strasburg Finds a Buyer](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/VAFX2180246_45_0_image_560x420.jpg)
The six-bedroom home listed for just south of $10 million back in June went under con... read »
![16-Story, 325-Unit Building Pitched For Arlington's Wilson Boulevard](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/2500-wilson-1_image_560x420.jpg)
The new project will take the place of an obsolete office building in Courthouse.... read »
![Mayor Bowser Announces First Office-To-Residential Projects To Receive Tax Abatements](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/1625-mass-1_image_560x420.jpg)
The three office-to-residential conversion projects have been conditionally awarded t... read »
![500 Apartments, Live/Work Units And A Park: The New Plans Coming To St. Elizabeths](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/parcel-6-park_image_560x420.jpg)
The plans for one of the final parcels at DC's St. Elizabeth's East campus are beginn... read »
- Buying with Friends: What You Should Know
- $10 Million McLean Home Of Former Nationals Star Stephen Strasburg Finds a Buyer
- 16-Story, 325-Unit Building Pitched For Arlington's Wilson Boulevard
- Mayor Bowser Announces First Office-To-Residential Projects To Receive Tax Abatements
- 500 Apartments, Live/Work Units And A Park: The New Plans Coming To St. Elizabeths
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