Home | Newsletter | Advertise
loading...

New Year, Same Story: The Congress Heights Market, By the Numbers

  • October 4th 2023

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

cong-hts.jpeg
Homes in Congress Heights.

UrbanTurf continues its annual look at the neighborhood housing markets around the DC region as we head over to Congress Heights.

Similar to our look at Congress Heights last year, the market in this Ward 8 neighborhood in 2023 doesn't look much different from 2022.

Home sales have dropped this year, but only slightly compared to 2022. And home prices are up, but again just a notch from where they stood at this point last year. Competition in the market is down, as seen in a lower sales-to-original list price ratio this year, but with nearly 100 sales completed in the neighborhood this year, activity still seems brisk. 

Below UrbanTurf plucked out several other interesting stats about the Congress Heights market.

  • $412,000 -- The median home price in Congress Heights this year, up 3% from 2022.
  • 99 -- The number of homes sold this year, down 7% from last year.
  • 38 -- The average number of days that homes are spending on the market. 
  • 5 -- The months of inventory for homes on the market. 

Similar Posts: 

See other articles related to: congress heights, congress heights housing market

This article originally published at https://dc.urbanturf.com/articles/blog/new-year-same-story-the-congress-heights-market-by-the-numbers/21540.

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse