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DC's 16 Million-Dollar Neighborhoods

  • January 15th 2025

by UrbanTurf Staff

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kent.jpg
A home that recently sold in Kent.

There are a growing number of neighborhoods around DC where homebuyers are paying at least $1 million for a home. 

An analysis by UrbanTurf with data from Bright MLS found that there were 16 neighborhoods in 2024 where the median home price exceeded $1 million, up from 14 neighborhoods in 2023. 

million-nabes.jpg

The three priciest neighborhoods in DC -- Berkley, Kent and Spring Valley -- are the only sections of the city where home prices exceeded $2 million. The next priciest neighborhoods in the city have median prices around $1.85 million. 

Out of the 16 neighborhoods that made the list, there were just five where the median home value fell in 2024. Like 2023, that drop can be attributed to a higher volume of smaller homes selling in most of these areas compared to the previous year. A few of the neighborhoods that barely missed the million-dollar list include Kalorama and Mount Pleasant. 

Note — median price takes into account co-ops, condos, and single-family homes.

Photo courtesy of Sean Shanahan. 

This article originally published at https://dc.urbanturf.com/articles/blog/dcs_16_million-dollar_neighborhoods/23082.

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