Is Washington, DC 20004 a buyer’s or seller’s market?

The Washington housing market right now

In the three months ending August 31, 2026, 17% of homes in Washington, DC 20004 sold above their list price, the typical home went under contract in 87 days and there were 9.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (82 days then) and the median sale price fell 13% to $388,248. Overall, Washington is more competitive than a year ago, so tougher for buyers.

Within District of Columbia, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 64%.

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.