ZIP Code 20007 Housing Market
ZIP code 20007 is located in District of Columbia, District of Columbia. Based on the FHFA House Price Index, the most recent annual HPI value is 329.8 (2000 = 100) , with a year-over-year change of -1.70% as of 2025.
📈 20007 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
📝 Local Market Notes
The housing market in ZIP code 20007 exhibits a distinct pattern of recent volatility following a period of rapid appreciation. From 2021 to 2024, the Home Price Index (HPI) surged from 268.05 to 335.48, reflecting substantial equity gains. However, the latest data for 2025 indicates a reversal, with the HPI settling at 329.78. This downward adjustment marks a year-over-year decline of 1.70%, signaling that the previous upward trajectory has stalled. While the broader District of Columbia state market experienced a 1.53% increase and the parent county saw a modest 0.40% gain, ZIP 20007 is currently underperforming its immediate regional benchmarks. This divergence suggests localized price correction rather than a systemic market collapse, as the decline is relatively contained compared to neighboring ZIP 20009, which dropped 5.31%. The sub-market character of ZIP 20007 aligns with a high-cost, mixed-occupancy urban environment. The parent county’s median home value stands at $737,100, while the median household income is $109,870. With an owner occupancy rate of just 41.5%, the area remains heavily skewed toward rental housing, where the median gross rent reaches $1,954 per month. The HPI level of 329.8, which is 3.3 times the 2000 baseline, confirms that property values in this sector remain significantly elevated relative to historical averages. This profile characterizes the ZIP as a premium urban sub-market where high entry barriers coexist with a strong rental demand. For prospective buyers and residents, the current environment presents a complex landscape. The 7.40% 30-year mortgage rate continues to weigh on purchasing power, yet the recent price softening may offer slightly more favorable entry points compared to the 2024 peak. Residents should note that while home values have retreated slightly, the underlying cost of living remains high, driven by the county’s robust income levels and persistent rental demand. The market’s divergence from the state average indicates that local dynamics, rather than macroeconomic trends, are currently dictating price movements within this specific geographic boundary.
About This ZIP Code
ZIP code 20007 is one of the most active real estate sub-markets in District of Columbia, District of Columbia. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the District of Columbia Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in District of Columbia
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 20009 | 400.7 | -5.31% | 2025 |
| 20016 | 301.5 | -2.69% | 2025 |
| 20020 | 372.1 | +4.87% | 2025 |
| 20001 | 542.9 | +4.75% | 2025 |
| 20032 | 375.2 | +3.46% | 2025 |
| 20003 | 406.9 | +1.13% | 2025 |
| 20015 | 314.4 | +0.03% | 2025 |
| 20002 | 490.8 | -2.64% | 2025 |
| 20018 | 476.1 | +4.42% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.