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Cathedral Heights (Glover Park) Embassy Row (Woodley Park) Friendship Heights (Tenleytown) Northwest Spring Valley (Foxhall Village)

WASHINGTON, DC 20016

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 20016

Cathedral Heights (Glover Park) · Embassy Row (Woodley Park) · Friendship Heights (Tenleytown) · Northwest · Spring Valley (Foxhall Village)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WASHINGTON, DC real estate market (20016) currently shows 186 active listings, with 48 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 66 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49 days on market compared to 30 days last year.

The median listing price has fallen 27.7% year-over-year, from $920,000 to $665,000.

Whether you are buying or selling in WASHINGTON, DC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,570  ·  Density: 2,837.8/mi²  ·  Median household income: $169,489

Typical home value: $1,196,370  ·  Homeownership: 66.3%

Market Overview

Active Listings
186
⇧ 55% vs 120 last year
Pending
48
26% pending ratio
Median Price
$665,000
⇩ 27.7% vs $920,000 last year
Average Price
$1,683,144
⇩ 27.6% vs $2,325,564 last year
Days on Market
49
⇧ 63.3% vs 30 days last year

Price Per Square Foot

Median $/sqft
$518
⇩ 5.1% vs $546/sqft last year
Median Home Size
1,542 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 186 this year vs 120 last year
  • Days on market: 49 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $665,000 (-27.7% YoY)
  • Average: $1,683,144 (-27.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.7 miles — 987 listings ($1,487,468,055 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20016Washington, DC 200160.0 mi149$229,402,337$599,950$1,539,613
20816Bethesda, MD 208161.9 mi33$47,468,091$1,369,500$1,438,427
20015Washington, DC 200152.6 mi37$53,619,475$1,268,500$1,449,175
20009Washington, DC 200093.2 mi232$210,197,104$557,500$906,022
20815Chevy Chase, MD 208153.2 mi112$143,671,472$772,500$1,282,781
20036Washington, DC 200363.4 mi41$41,193,766$335,000$1,004,726
20037Washington, DC 200373.8 mi114$108,706,980$686,375$953,570
20006Washington, DC 200063.9 mi4$1,060,000$240,000$265,000
22101McLean, VA 221014.0 mi131$558,604,436$3,270,000$4,264,156
20012Washington, DC 200124.3 mi68$46,731,096$599,922$687,222
20818Cabin John, MD 208184.5 mi3$5,630,850$1,876,950$1,876,950
20004Washington, DC 200044.6 mi22$15,450,930$486,750$702,315
22203Arlington, VA 222034.7 mi41$25,731,518$457,000$627,598

Frequently Asked Questions

How many homes are for sale in WASHINGTON, DC 20016?

As of March 2026, there are 186 active listings in WASHINGTON, DC (zip code 20016), compared to 120 the prior year.

What is the median home price in WASHINGTON, DC 20016?

The median listing price in WASHINGTON, DC 20016 is $665,000 as of March 2026, a 27.7% decrease from $920,000 the prior year.

How long do homes stay on the market in WASHINGTON, DC?

Homes in WASHINGTON, DC 20016 spend an average of 49 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in WASHINGTON, DC 20016?

Based on current inventory and days-on-market data as of March 2026, WASHINGTON, DC 20016 is currently a Buyer's Market. Inventory has increased compared to last year, with 66 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 30 days last year.

How much can I save on real estate commission in WASHINGTON, DC?

With SELL123.com's maximum 3% commission, sellers in WASHINGTON, DC 20016 save an estimated $13,300 compared to a typical 5% commission on the median listing price of $665,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.