What's Hot: Podcasts and Pianos: 350-Unit Project Pitched Blocks North of Nats Park | A First Look at the Newest Condos Coming to The Parks at Walter Reed
The DC Zip Code Where Home Sellers Averaged $600,000 Profits Last Quarter

If you sold your home in certain parts of DC in the second quarter of the year, you likely realized some hefty profits, particularly if you had been living there for awhile.
The latest report from ATTOM Data Solutions shows that DC home sellers saw six-figure profits in the majority of the city's zip codes last quarter, and when you take a closer look, it becomes clear that some zip codes saw much higher profit than others.
story continues below
loading...story continues above
Sellers in the 20015 zip code — home to the Chevy Chase and Barnaby Woods neighborhoods — saw the highest profits with an average of $609,500. The typical profit margin in 20015 - the percent change between median purchase and resale prices - was 67% with an average homeowner tenure of about 6.5 years.
The second-highest profit margin was in 20016 (which covers Spring Valley, AU Park, and a few other neighborhoods) at $547,750. By percentage, the highest seller gains were in the 20016 zip code where sellers saw a 75% gain, and 20008, where the gains were 83.5%.
Average homeownership tenure citywide did not vary as much as profits, although there are some standouts. Tenure is longest in the 20006 zip code just west of the White House, whose few residents stay an average of 8.59 years. Coming in second is the Southwest waterfront zip code of 20024, where homeowners stay put an average of 8.15 years.
The report calculates seller gains as the difference between the median sold price for the quarter and the previous median sold price of those same units that sold; homeownership tenure is the average time between the most recent and previous sales dates for applicable units.
Photo courtesy of HomeVisit.
See other articles related to: dc housing market, dc housing market trends, dc housing prices, seller profit
This article originally published at https://dc.urbanturf.com/articles/blog/the-dc-zip-code-where-home-sellers-averaged-600000-profits-last-quarter/19924.
Most Popular... This Week • Last 30 Days • Ever

There are two new proposals to redevelop the center at 14th and U Streets NW that are... read »

A recent build in Anacostia made history as the first code-compliant bamboo building ... read »

The development will be located a few blocks south of the Takoma Metro station.... read »

The Costco apartments; a big investment in redevelopment around FedEx Field; and are ... read »

The new development along South Capitol Street includes a new amenity for UrbanTurf: ... read »
- Apartments, Amphitheaters, and Dave Chapelle: The Revised Proposals For DC's Reeves Center
- The Week's Find: The Grass House in Anacostia
- All Three-Bedrooms: Douglas Development Plans Missing Middle Project in Takoma
- Thursday's Must Reads
- Podcasts and Pianos: 350-Unit Apartment Project Pitched Blocks North of Nats Park
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. Visit guides.urbanturf.com or start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro