The Northwest Washington housing market is somewhat competitive. Homes in Northwest Washington receive 3 offers on average and sell in around 40 days. The median sale price of a home in Northwest Washington was $725K last month, down 0.68% since last year. The median sale price per square foot in Northwest Washington is $587, up 2.8% since last year.
What is the housing market like in Northwest Washington today?
In April 2024, Northwest Washington home prices were down 0.68% compared to last year, selling for a median price of $725K. On average, homes in Northwest Washington sell after 40 days on the market compared to 43 days last year. There were 904 homes sold in April this year, down from 1,078 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$725,000
-0.68% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Northwest Washington, DC
$725,000
-0.68%
United States
To compare other locations to the Northwest Washington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Washington, DC add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Northwest Washington housing market?
Northwest Washington is somewhat competitive. Homes sell in 35 days.
0
100
58
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 35 days.
Hot homes
can sell for about 2% above list price and go pending in around 12 days.
Learn about schools in the Northwest Washington area
Elementary
Middle
High
GreatSchools Rating
10/10
Rock Creek Forest Elementary School
Public • PreK-5
734
Students
13 reviews
10/10
Lafayette Elementary School
Public • PreK-5
902
Students
41 reviews
10/10
Janney Elementary School
Public • PreK-5
681
Students
8 reviews
10/10
Key Elementary School
Public • PreK-5
346
Students
12 reviews
9/10
Shepherd Elementary School
Public • PreK-5
372
Students
17 reviews
Only showing 5 of
53 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Northwest Washington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northwest Washington.
Risk Factor
Flood Factor - Major
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northwest Washington has a major risk of flooding. 7,242 properties in Northwest Washington are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Northwest Washington. Flood risk is increasing slower than the national average.
23% of properties are at risk of wildfire over the next 30 years
Fire Factor
Northwest Washington has a moderate risk of wildfire. There are 15,276 properties in Northwest Washington that have some risk of being affected by wildfire over the next 30 years. This represents 23% of all properties in Northwest Washington.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Northwest Washington has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Northwest Washington is most at risk from hurricanes. 63,662 properties in Northwest Washington have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 68 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.
68% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Northwest Washington has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 68% of homes in Northwest Washington have a Severe Heat Factor®.
Northwest Washington is expected to see a 128% increase in the number of days over 105ºF over the next 30 years. Northwest Washington is expected to experience 8