Is Washington, DC 20005 a buyer’s or seller’s market?

The Washington housing market right now

In the three months ending August 31, 2026, 14% of homes in Washington, DC 20005 sold above their list price, the typical home went under contract in 61 days and there were 4 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 43 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold more slowly (59 days then) and the median sale price fell 14% to $493,037. Overall, Washington is more competitive than a year ago, so tougher for buyers.

Within District of Columbia, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Washington ranks #13 of 20 DC ZIP codes with enough sales (score 31 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.