Welcome to our 20007 real estate data hub, tailored for investors in Washington, DC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 20007 in Washington, DC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in DISTRICT OF COLUMBIA.
Leverage our comprehensive, zip code-specific data to excel in Washington, DC real estate investing. Uncover the wealth of information available, and position yourself for success in the Washington property market.
-
Location Overview
- Zip Code: 20007
- City: Washington
- State: DC
- Metro Area: Washington-Arlington-Alexandria, DC-VA-MD-WV
- County Name: DISTRICT OF COLUMBIA
-
Real Estate Market Snapshot
- Average Home Price (All Types): $1,175,465
- Average Home Price (Single Family Homes): $1,441,097
- Average Monthly Rental Price (All Types): $2,513
- Price-to-Rent Ratio: 39
- Zillow Projected % appreciation from 4/2023-4/2024: -0.2%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,250
- Average 3 Bedroom Section 8 Rental Rates: $2,810
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 43.54
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 34.86
- Number of Units Offered in Section 8 in the County: 10236
- Number of Occupied Units in Section 8 in the County: 9460
- Percentage of Section 8 Units Occupied in the County: 92.40000153%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 283.36
- Total % Appreciation since 2000 (Government Data): 184.42
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.06%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -2.09%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 14.39%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.52%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.62%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 57.76%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 134.1%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.8%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.08%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 13.89%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 20.61%