Is Carver Langston, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Carver Langston was a Seller's Market.
Key Takeaway
Carver Langston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Carver Langston, DC
How much do homes in Carver Langston, DC cost?
Median Sold Price
$390,000
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Carver Langston have sold for 6% less than they did a year ago.
Summary: The median home sold price in Carver Langston was $390,000 in April 2024, down 6% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295.7K | $318.5K | +7.7% |
| 2 Bedrooms | $445K | $405K | -9.0% |
| 3 Bedrooms | $600K | $500K | -16.7% |
| 4 Bedrooms | $760K | $706.9K | -7.0% |
| 5+ Bedrooms | $460K | - | N/A |
Summary: Carver Langston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Ivy City / Arboretum / Trinidad / Carver Langston | $524K | $520K | -0.8% |
| Trinidad | $599K | $589.5K | -1.6% |
| Northeast | $622.3K | $609.1K | -2.1% |
| Carver Langston | $415K | $390K | -6.0% |
Housing Supply in Carver Langston, DC
How many homes are available in Carver Langston, DC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 60 | +42.9% |
Summary: The Carver Langston real estate market had 60 homes for sale in April 2024, a 42.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 16 | +45.5% |
| 2 Bedrooms | 16 | 25 | +56.3% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Carver Langston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 56.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carver Langston, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Carver Langston in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Carver Langston, DC
How long does it take to sell a home in Carver Langston, DC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 40 Days | -2.1% |
Summary: Homes in Carver Langston had an average of 40 days on market in Apr 2024, down by 2.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Carver Langston has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Carver Langston; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
