Home | Newsletter | Advertise

The DC-Area's 20 Million-Dollar Neighborhoods

  • July 7th 2023

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

3310-R.jpg
A home for sale in Georgetown. 

As home prices remain stable and even continue to rise in sections of the regional housing market, UrbanTurf took a look to see where prices are generally highest in the DC area.  

Our analysis, with data provided by Bright MLS, found that there are nearly 20 neighborhoods and communities where the median home price exceeds $1 million in 2023. 

million-dollar.jpg
Click to enlarge. 

DC million-dollar mainstays Spring Valley and Berkley top the list as the only areas with median prices exceeding $2 million. Six upper Northwest DC neighborhoods such as Palisades and Colonial Village crowd the $1.5 million to $1.7 million range. 

Outside of DC, larger areas such as Great Falls ($1.492 million), Potomac ($1.3 million) and Bethesda ($1.125 million) all make the million-dollar list. Despite the lofty prices for the areas in the table above, most have seen price increases compared to 2022. 

Photo courtesy of HomeVisit.

This article originally published at https://dc.urbanturf.com/articles/blog/the_dc-areas_20_million-dollar_neighborhoods/21220.

Pipeline: New Condos & Apartments Coming to the DC Area

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