Is Historic Anacostia, 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, Historic Anacostia was a Neutral Market.
Key Takeaway
Historic Anacostia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Historic Anacostia, DC
How much do homes in Historic Anacostia, DC cost?
Median Sold Price
$467,500
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Historic Anacostia have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Historic Anacostia was $467,500 in April 2024, up 12.7% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $107K | -23.6% |
| 2 Bedrooms | $366K | $250K | -31.7% |
| 3 Bedrooms | $539.5K | $490K | -9.2% |
| 4 Bedrooms | $512.5K | $592.5K | +15.6% |
| 5+ Bedrooms | $420K | $949.9K | +126.2% |
Summary: Historic Anacostia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.6%, 2 bedroom homes decreased by 31.7%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 126.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Historic Anacostia | $415K | $467.5K | +12.7% |
| Sheridan / Barry Farm / Buena Vista | $432.5K | $444K | +2.7% |
| Buena Vista | $441.9K | $448.9K | +1.6% |
| Fairlawn | $418.5K | $408K | -2.5% |
Housing Supply in Historic Anacostia, DC
How many homes are available in Historic Anacostia, DC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 34 | +30.8% |
Summary: The Historic Anacostia real estate market had 34 homes for sale in April 2024, a 30.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 4 | 9 | +125.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Historic Anacostia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 125%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Historic Anacostia, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Historic Anacostia in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Historic Anacostia, DC
How long does it take to sell a home in Historic Anacostia, DC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 82 Days | 79 Days | -2.8% |
Summary: Homes in Historic Anacostia had an average of 79 days on market in Apr 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Historic Anacostia are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Historic Anacostia; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
