Today, UrbanTurf is taking a look at the areas around DC that have seen the highest home price appreciation so far in 2022.
In the table below, we outline the six zip codes that have seen the largest percentage increase in home values this year. In order to qualify for the list, a zip code had to record at least 20 sales so far in 2022.
The two zip codes leading the way in the region are both in McLean, Virginia. In the 22102 zip code, median prices are up just over 50% and in 22101, prices are up just under 50%. The Prince George's County zip code of 20782 that includes sections of Hyattsville and University Park has seen prices rise 45%.
Rounding out the list are three DC zip codes where prices have risen 20%-25% this year. Leading the way in the city is 20024, which encompasses a good section of the Southwest waterfront. The other two are the Capitol Hill zip code of 20003 and the Adams Morgan and Logan Circle zip code of 20009.
A similarity for almost all these zip codes is a severe lack of homes for sale. All the areas saw the supply of listings drop precipitously in the first quarter of 2022 compared to the previous year.
Photo courtesy of HomeVisit.
This article originally published at https://dc.urbanturf.com/articles/blog/the-5-dc-area-zip-codes-where-home-prices-have-appreciated-the-most-in-2022/19499.
Most Popular... This Week • Last 30 Days • Ever
A new report out this week found that homes in the DC region are selling nearly a wee... read »
A revised plan is on the boards for a group of five townhouses in the middle of China... read »
Why it might be the best time for boomers to sell; a building purchase near Union Sta... read »
The home was originally built as the president’s house for American University and ... read »
This week's Best New Listings includes a mid-century home in Falls Church reimagined ... read »
UrbanTurf takes a look at the options DC homeowners and residents have to take advant... read »
The residential compound is along the 3000 block of N Street NW.... read »
UrbanTurf takes a look at the close-in Maryland zip codes where prices have risen the... read »
Today, we will take a look at the close-in Northern Virginia zip codes where prices h... read »
Hockey players and horse riders, this sprawling Virginia estate may be for you.... 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 »
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!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro