What's Hot: A Chevy Chase Historic District Is In The Works | A New 50-Unit Development Planned Along Rhode Island Avenue
Where Are People House-Rich in DC?

A recent article in The New York Times highlighted the tremendous equity that American homeowners have amassed over the last two years as home values have shot up. Now, a new report is giving a sense of the areas around DC where homeowners have become "equity rich" during that time.
ATTOM Data Solutions published data this week that looks at the cities and states around the country where homeowners have the most equity in their homes. By "equity rich", ATTOM means that the combined amount of loan balances on a home is no more than 50% of the estimated market value of the home itself.
ATTOM provided UrbanTurf with zip code-level home equity data for DC, and we parsed through the numbers to find the equity-rich areas around the city.
story continues below
loading...story continues above

Leading the way is the 20015 zip code (Barnaby Woods, Chevy Chase DC and Friendship Heights) where 57% of homeowners are considered equity-rich. The median home price is up approximately 20% in this zip code over the last two years. Following behind 20015, are the 20012 (Colonial Village, Takoma, Shepherd Park) and 20016 (AU Park, Spring Valley) zip codes, where just under 50% of homeowners are equity rich.
The zip codes with the lowest percentage of high equity homeowners include neighborhoods like Logan Circle, Columbia Heights and Shaw.
Similar Posts:
- The 5% Effect in the DC-Area Housing Market
- The 10 Places in the DC Area Where You Aren't The Only One Bidding on a Home
See other articles related to: dc housing market, dc housing market trends, dc housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/where-are-people-house-rich-in-dc/19638.
Most Popular... This Week • Last 30 Days • Ever

The proposed district would encompass the neighborhood's commercial strip along Conne... read »

WTOP is reporting that The Heights, an eight-stall food hall that is taking over the ... read »

Where new housing is being built; the return of water in Dupont Circle; and a look at... read »

July Residential has filed plans with DC for a four-story, 50-unit apartment building... read »

A new residential project is on the boards for a DC neighborhood that hasn't seen muc... 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