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The Price For A House in The DC Area Hit A New High in April

  • May 13th 2024

by UrbanTurf Staff

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A house that recently sold in Alexandria.

The price for a single-family home in the DC region hit a new record last month, following suit with overall prices. 

The median price for arguably the most sought-after property type in the area over the last five years came in at $840,000, according to Bright MLS. Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for detached homes. 

A look around the region in April finds that a selection of neighborhoods that saw some of saw the highest year-over-year price increases were McLean (20%),  Chevy Chase DC (18%), and Bethesda (16%).

The rise in detached house prices in the DC area over the last three years has been eye-popping. In September 2021, the median price for a house was nearly $200,000 lower than it is today. 

This article originally published at https://dc.urbanturf.com/articles/blog/the_price_for_a_house_in_the_dc_area_hit_a_new_high_in_april/22298.

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