Today, UrbanTurf is taking a look at the DC zip codes where home prices have risen the most so far this year.
In the table below, we outline the five zip codes that have seen the largest percentage increase in home value. In order to qualify for the list, a zip code had to record at least 25 sales in 2023.
Unlike years past when we saw value increases on both sides of the city, the majority of zip codes that saw price increases this year are in Northwest DC.
The 20016 zip code (AU Park, Spring Valley and Palisades) saw prices rise the most this year thanks to an increase in prices for large detached homes. The zip code that is home to Foggy Bottom and West End saw values rise this year thanks to larger condo and co-ops selling this year compared to 2022. The same is also true of 20024, along the Southwest Waterfront.
Rounding out the list are 20007 (Georgetown and Burleith) and 20008 (Woodley Park and Cleveland Park).
This article originally published at https://dc.urbanturf.com/articles/blog/the_5_dc_zip_codes_where_home_prices_have_risen_the_most_in_2023_and_why/21546.
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