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Real Estate Trends: Petworth


Real estate trends in Petworth, including home prices, architecture and walkability.

Petworth real estate is trending upwards. Trends are showing a large increase of around $35,000, or five percent. Price per square foot of homes fell to $450, down just nine dollars. One bedroom homes will cost around $336,000 and larger four bedroom properties are trending at around $760,000.

First-time home buyers are attracted to Petworth, as it tends to skew younger residents, with the median age being 37. Its median income is around $56,000 with condos and townhomes making up about 33 percent of the neighborhood.

One bedroom condos and co-ops are growing in this vibrant neighborhood. There’s been a gradual increase of about 29 percent. Condos with one bedroom were going for $304,000 in 2016.

According to The Washington Post, walkable neighborhoods are still very hot in D.C. and Petworth is one of them. Urbanization is a hot term in the D.C. area, with young families staying in the city longer and older individuals moving back into the city, opting for walkable neighborhoods.

The New York Times referred to Petworth as “a place of porches.” The article mentions residential buildings that recently popped up, like the Swift Petworth, that has a Safeway underneath it as its base. There’s also an eclectic mix of retail and restaurants, including “the block,” a booming section of Upshur St. between 8th and 9th Streets with Japanese and Latin restaurants, clothing shops and more.

Petworth is changing day to day, and recent developments and housing have proved to be quite exciting for the area.

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$1,800,000
 

916 Kennedy St Nw, WASHINGTON

2 Beds, 2 Baths,
property sold as is great opportunity for renovation for future development
$1,795,000
 

3719 New Hampshire Ave Nw, WASHINGTON

4 Beds, 2 Baths, 2,152 SqFt
Great opportunity to purchase an old farm style house with an adjoining lot for a total of 4441 sq ft of land with driveway access off of 8th Street and literally 1/2 block to the metro! Initial plans for 3 twnhse style condos buildings with 2 1800+ sq ft duplexes in each building for a total of 6 units! Call me with questions and or details
$1,625,000
 

953 Shepherd St Nw, WASHINGTON

4 Beds, 3½ Baths, 2,342 SqFt
Opportunity to complete this 4 bedroom townhouse. Basement unit has separate side entrance. Convenient Columbia Heights location; close to all transportation and downtown.
$1,500,000
 

918 Kennedy St Nw, WASHINGTON

1 Bed, 1 Bath, 2,052 SqFt
This is a shell, bring your imagination! Great potentials to make it your own!
$1,499,999
 

4901 13th St Nw, WASHINGTON

6 Beds, 4½ Baths, 4,260 SqFt
Seize the opportunity to customize the restoration of this 16th Street Heights beauty before its completion! Currently projected to deliver in Fall 2019, this detached single family renovation project by Westside Development Companies will expand the current property to over 4,200 square feet across four levels, and includes a detached 2-car garage. The project is located on a south-facing 4,000 square foot lot and will feature premium Bosch
$1,349,900
 

1213 Emerson St Nw, WASHINGTON

5 Beds, 4½ Baths, 2,958 SqFt
Welcome to 1213 Emerson Street! This modern farmhouse style home is located on a large premium corner lot. It features a classic front porch which overlooks the park just across the street. Four levels of light filled windows will ensure a bright start to your mornings. Exceptional details include open gourmet kitchen, main level office/flex space. powder room, family room with warm, rustic ceiling beams and recessed lighting
$1,279,000
 

1336 Quincy St Nw, WASHINGTON

4 Beds, 3½ Baths, 3,020 SqFt
New price & open Sunday, from 1-3 pm! Lovely renovated row home in the heart of Petworth on the desirable Quincy Street. This 4 bedroom 3.5 bathroom home is a turnkey stylish mix of original features such as pocket doors, coffered ceilings, and built-ins combined with modern updates. You will see bespoke details throughout the home including the original staircase and hardwood floors. Walk into the grand living room with stunning restored
New
$1,050,000
 

223 Upshur St Nw, WASHINGTON

4 Beds, 3½ Baths,
Mixed-use building that is commercially zoned with a coin operated laundromat on first level and three residential apartments on top two levels. Potential to generate $7,500 monthly. Top levels have three apartments: one 1-bedroom apartment (one bath), one efficiency (one bath), and one 2-bedroom apartment (one bath). There is a laundromat/caf~ on first level which has ten commercial washers and dryers that are coin operated, a bathroom and
$1,049,900
 

818 Buchanan St Nw, WASHINGTON

4 Beds, 3½ Baths, 2,835 SqFt
Located in Petworth neighborhood of DC, a fully detached four-bedroom home with three full bathrooms and one-half bathroom. This elegant, spacious 2,500+ square foot home has been completely renovated from top to bottom with an elegant mixture of styles and finishes. The open kitchen with a double wall-oven has a white Carrera style island and pot filler above the stove with stainless steel appliances. Hardwood floors through-out, and tons of
$1,030,000
 

925 Quincy St Nw, WASHINGTON

4 Beds, 3½ Baths, 1,188 SqFt
Nantucket Holdings third renovation on the block! This modern and bright four bedroom, three and a half bath, features cove LED lighting, a sleek kitchen design with SS and quartz, exposed brick staircase with iron railings, a breathtaking in suite master bathroom and spacious bedrooms and closet space throughout. The lower level is equipped with a wet bar, full bath and bedroom, perfect for multi use. The rear features a deck and privately
New
$975,000
 

4914 Arkansas Ave Nw, WASHINGTON

3 Beds, 4½ Baths, 3,228 SqFt
This immaculate, single-family detached house combines early 20th-century design with upgrades fit for 21st-century urban living with Solar Panel. The front and backyard landscape for ample private parking, covered front porch, classic foyer, 9ft ceilings, and gorgeous hardwood floors make this home feel spacious, elegant and welcoming. The living room has a wood-burning fireplace and connects to a beautiful, open ceiling dining room. Wow...take
$965,000
 

4430 Kansas Ave Nw, WASHINGTON

4 Beds, 3½ Baths, 2,170 SqFt
This newly completed residence crafted with such authenticity, style & quality materials. Offers 4BA and 3.5 BA floor plan.There are three bedrooms on the 2nd level.The master suite has large closet, a spacious glass-enclosed shower and double sink vanity .The bottom level has an English basement with built-in kitchen, its own bathroom, and a spacious bedroom. Private parking on the rear.Featuring high -end designer finishes, incredible



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The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Capital Park Team are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.

Listing information last updated on November 14th, 2019 at 11:47am EST.