District of Columbia First-Time Homebuyer Report for October

20011, 20019, and 20002 can all be found within District of Columbia. Leading the list of best schools in the state are Oyster Elementary School-Adams Elementary School, City Collegiate Pcs, and Ellington School of the Arts.


If you are interested in some outdoor fun, Foursquare says that The National Mall (National Mall) and United States Botanic Garden are the most popular places in District of Columbia. If you like arts and entertainment, some popular spots are National Air and Space Museum and Smithsonian National Museum of Natural History (National Museum of Natural History). Lastly, Matchbox Vintage Pizza Bistro, Zaytinya, and Oyamel Cocina Mexicana are well-known places to eat.

Price Range

Homes in District of Columbia are generally more expensive than others in the country with a median home value of $363,000 and an average list price of $557,333. The most expensive places to live are 20016, 20015, and 20007. In this week's report, the number of homes sold in the District of Columbia market dropped to 631 over the past 30 days. It marked a decrease of 4.5% from last week's report and a fall below the monthly average.

Curious as to which homes have been getting the most attention in District of Columbia? These listings have stirred up interest and produced the most views:

$3.4M   $905K   $1.2M  

Typical Dwelling

The typical dwelling in District of Columbia is a three-bedroom townhouse worth about $652,690. To purchase a similar home, a buyer with good credit and a $130,538 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,274 monthly payment. The property tax rate is $6.16 per $1,000 of taxable assessed value.

Get started right now by checking out District of Columbia homes for sale or reviewing District of Columbia real estate trends.

Data reported through 10/13/2016


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