District of Columbia, District of Columbia Housing Market

In District of Columbia, District of Columbia, the median home value is $737,100, with a median monthly rent of $1,954. This places District of Columbia at #41 nationally out of 3134 counties by median home value, and #1 within District of Columbia.

Median Home Value $737,100
Median Rent $1,954/mo
Owner Occupancy 41.5%
Price/Rent Ratio 31.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in District of Columbia rose +0.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

514,196
jobs (private sector)
  • Avg weekly wage: $2,381
  • Establishments: 50,881
  • BLS QCEW, 2025
🏗️

Housing Supply

1,591
new units authorized (2025)
  • Single-family: 181
  • Multi-family: 1,410
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5950
net migration (filers, 2021-2022)
  • Inflow: 297,063 (avg $142,063)
  • Outflow: 291,113 (avg $146,088)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in District of Columbia · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 20009 400.7 -5.31% 2025
2 20007 329.8 -1.70% 2025
3 20016 301.5 -2.69% 2025
4 20020 372.1 +4.87% 2025
5 20001 542.9 +4.75% 2025
6 20032 375.2 +3.46% 2025
7 20003 406.9 +1.13% 2025
8 20015 314.4 +0.03% 2025
9 20002 490.8 -2.64% 2025
10 20018 476.1 +4.42% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How District of Columbia Compares

MetricDistrict of ColumbiaDistrict of Columbia AverageU.S. Average
Median Home Value $737,100 $737,100 $227,706
Median Gross Rent $1,954 $1,954 $968
Owner Occupancy Rate 41.5% 41.5% 73.3%
Price/Rent Ratio 31.4 31.4 18.7

Market Analysis

The median home value in District of Columbia is about equal to the District of Columbia state average and 223.7% above the U.S. national average. The median rent of $1,954/month is about equal to the state average.

With a price-to-rent ratio of 31.4, District of Columbia is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

District of Columbia has an owner-occupancy rate of 41.5%, compared to 41.5% in District of Columbia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Blaine County Idaho $735,300 $1,338
Alexandria city Virginia $735,100 $2,089
Ouray County Colorado $739,800 $1,786
Fairfax County Virginia $732,800 $2,276
Loudoun County Virginia $743,800 $2,386

Other Counties in District of Columbia

CountyMedian Home ValueMedian RentOwner Occ.

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).