Home | Newsletter | Advertise
loading...

The DC Neighborhood Where The Median Home Price is $ 2 Million

  • July 26th 2022

by UrbanTurf Staff

A home in Kent that sold earlier this year.

UrbanTurf is taking its annual look at the neighborhood housing markets around the DC region. Today, we head over to Kent.

Kent is a neighborhood in the upper reaches of NW DC just adjacent to the Maryland border where home prices rarely fall below $1 million. This year, prices are notably higher. 

The median home price in Kent is currently $2 million, up 30% compared to last year; the average list price is approaching $3 million. These prices haven't dissuaded homebuyers, as 3 out of 4 homes have sold in ten days or less so far in 2022. 

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

  • $2 million -- The median home price in Kent this year. 
  • 75% -- The percentage of home sales that were detached homes with 4+ bedrooms. 
  • 104% -- The average sales price to original list price ratio in Kent. 
  • 2 -- The months of supply of homes for sale in June. 

Similar Posts: 

See other articles related to: kent dc, kent housing market

This article originally published at https://dc.urbanturf.com/articles/blog/the-dc-neighborhood-where-home-price-is-2-million/19913.

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