More Down Than Up: A Look at Detached Home Prices Around DC
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About a month ago, UrbanTurf examined how condo and co-op prices were driving home price appreciation in the DC region. Today, we look at prices for another property type in the city: detached, single-family homes.
The median price for detached houses is down a bit (-6%) between the second quarter of 2022 and 2023, but the ups and downs vary pretty significantly in neighborhoods around DC.
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In most of the ten or so neighborhoods that UrbanTurf looked at using Bright MLS data, the price for a detached home fell between the second quarter and the same time last year with Deanwood (-25%), Shepherd Park (-20%) and Cleveland Park (-17%) showing some of the largest drops.
While most neighborhoods have median prices north of $1 million, that isn't always the case: Brookland ($845,000), Hillcrest ($632,500) and Deanwood ($379,450) have prices that don't reach that level.
Are you interested in prices for a neighborhood that you don't see above? Shoot us an email at editor(at)urbanturf.com
See other articles related to: dc home prices, dc housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/more_down_than_up_a_look_at_detached_home_prices_around_dc/21485.
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