Is Washington, DC 20032 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Washington is a buyer’s market. With about 10.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score11/ 100

More competitive than 5% of U.S. ZIP codes, and #20 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

Months of supply10.3Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market116Listing to accepted offer
Median price per sq ft$215▲ +10.2% vs. last year

The Washington housing market right now

In the three months ending August 31, 2026, 8% of homes in Washington, DC 20032 sold above their list price, the typical home went under contract in 116 days and there were 10.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 37 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold more slowly (97 days then) and the median sale price rose 16% to $384,833. Overall, Washington is less competitive than a year ago, which gives buyers more room.

Within District of Columbia, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 86%. On our competition score, Washington ranks #20 of 20 DC ZIP codes with enough sales (score 11 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.

Nearby markets

Washington 20001Balanced $552 /sq ftWashington 20002Buyer’s market $494 /sq ftWashington 20003Balanced $625 /sq ftWashington 20004Buyer’s market $528 /sq ft Browse all markets →

Where Washington is

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Questions about Washington real estate

Is Washington a buyer’s or seller’s market?

A buyer’s market: there were 10.3 months of supply in Washington, DC 20032 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 116 days in the latest three months.

Do homes in Washington sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 97.1% 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 $384,833 in the three months ending August 31, 2026, about $215 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology