What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
The 9 DC Neighborhoods That Saw Home Prices Rise the Most in 2022 (And Why)
✉️ Want to forward this article? Click here.
![palisades.jpg](https://assets.urbanturf.com/dc/images/blog/2022/11/palisades.jpg)
As we approach the end of the year, UrbanTurf is taking a final look at the DC neighborhoods that have seen the highest home price appreciation in 2022.
In the table below, we outline the nine neighborhoods with the largest increase in home values. In order to qualify for the list, a neighborhood had to record at least 15 sales this year. UrbanTurf used advertised subdivision statistics from Bright MLS to compile the list.
story continues below
loading...story continues above
![home-price-apprec-dc.jpg](https://assets.urbanturf.com/dc/images/blog/2022/11/home-price-apprec-dc.jpg)
Leading the way is Foxhall, a neighborhood market that UrbanTurf recently analyzed. The median home price in the neighborhood is up 73% in 2022, thanks in large part to almost no homes selling for below $1.4 million and a handful of sales in the $3-$5 million range.
Single-family homes (detached and townhomes) are the primary driver for the strong appreciation in most of the neighborhoods that made the list. In Palisades, Mount Pleasant, Berkley and Colonial Village, home prices were up 25%-36% this year thanks in large part to these property types.
Spring Valley saw its median home price rise by 18% and is one of the areas where median price crossed the $2 million mark. Rounding out the list are Brentwood and the U Street Corridor, where median prices rose about 15%, but stayed in the six-figure range.
Photo Courtesy of Wendell and Anthony
Similar Articles
- The 7 Zip Codes in the Virginia Suburbs With the Highest Home Price Appreciation in 2022
- The 9 Zip Codes in the Maryland Suburbs With the Highest Home Price Appreciation in 2022
See other articles related to: dc home prices, dc housing market, dc housing market trends, dc housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/the_9_dc_neighborhoods_that_saw_home_prices_rise_the_most_in_2022_and_why/20356.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... 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!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro