Is Washington, DC 20037 a buyer’s or seller’s market?
Washington is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 6% of U.S. ZIP codes, and #19 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, 8% of homes in Washington, DC 20037 sold above their list price, the typical home went under contract in 70 days and there were 7.4 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 54 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold more slowly (64 days then) and the median sale price held steady to $549,762. Overall, Washington is more competitive than a year ago, so tougher for buyers.
Within District of Columbia, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 91%. On our competition score, Washington ranks #19 of 20 DC ZIP codes with enough sales (score 13 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 20037
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 →Towns like Washington nearby
Find towns like Washington in other states →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 7.4 months of supply in Washington, DC 20037 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 70 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 96.6% 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 $549,762 in the three months ending August 31, 2026, about $639 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