Washington, DC metro area Housing Market

Name: Washington, DC metro area Housing Market Data
Creator: Redfin

Warm Market

Comprehensive housing market data for the Washington, DC metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$585K

– 0.0% YoY

Days on Market

38 days

↑ 22.6% YoY

Active Inventory

11,498

↑ 4.8% YoY

Homes Sold

4,293

↑ 5.7% YoY

Warm Market

The market is active with moderate buyer demand.

Washington, DC metro area Market Summary

The Washington, DC metro area housing market is heating up. As of March 2026, the median home sale price is $585K, down 0.0% year-over-year. Homes are spending a median of 38 days on the market, 22.6% longer than a year ago.

There are 11,498 homes for sale — 4.8% more than last year. With 2.7 months of supply, this is a seller's market. 7,019 new listings were added during this period, up 2.1% year-over-year.

Homes are selling for 100.0% of their list price on average, indicating buyers are paying above asking. 35.9% of homes sell above their asking price. 23.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

Contributing Factors

Months of Supply– 2.7

Days on Market↑ 38

Price Drops↑ 23.1%

Sale-to-List Ratio– 100.0%

Market Temperature– Warm

How This Market Compares

vs. National Median

Median Price (National: $437K)↑ 34.0%

Days on Market (National: 55)↓ 30.9%

Inventory (National: 1,314,690)↓ 99.1%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 34% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Washington, DC metro area Market Trends

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Detailed Market Metrics

Median List Price

$599K

Price per Sq Ft

$293

Sale-to-List Ratio

100.0%

Months of Supply

2.7

Sold Above List

35.9%

Price Drops

23.1%

New Listings

7,019

↑ 2.1% YoY

Pending Sales

6,105

Off Market in 2 Weeks

57.8%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.