Is Washington, DC 20001 a buyer’s or seller’s market?
Washington is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 21% of U.S. ZIP codes, and #16 of 20 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Washington housing market right now
In the three months ending August 31, 2026, 13% of homes in Washington, DC 20001 sold above their list price, the typical home went under contract in 63 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 139 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (70 days then) and the median sale price held steady to $715,940. Overall, Washington is more competitive than a year ago, so tougher for buyers.
Within District of Columbia, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 77%. On our competition score, Washington ranks #16 of 20 DC ZIP codes with enough sales (score 26 out of 100).
Nearby, buyers who want less competition could look at Washington 20422 (0% sold over asking) or Washington 20006 (0% sold over asking), while Washington 20012 (33% sold over asking) and Washington 20017 (27% sold over asking) are even more competitive.
Run the numbers for 20001
Nearby markets
Washington 20002Buyer’s market $494 /sq ftWashington 20003Balanced $625 /sq ftWashington 20004Buyer’s market $528 /sq ftWashington 20005Balanced $605 /sq ft Browse all markets →Towns like Washington nearby
Find towns like Washington in other states →Where Washington is
Loading map…
Questions about Washington real estate
Is Washington a buyer’s or seller’s market?
A balanced market: there were 5.2 months of supply in Washington, DC 20001 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Washington?
The typical home went under contract in 63 days in the latest three months.
Do homes in Washington sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Washington?
About 0.58% of a home’s value a year in District of Columbia, or roughly $2,320 on a $400,000 home.
What is the median home price in Washington?
The median sale price was $715,940 in the three months ending August 31, 2026, about $552 per square foot.
Local agents
See all agents in 20001 →No sponsored agents in 20001 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 20001
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology