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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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
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
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
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
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
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
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
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
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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Listing information last updated on November 14th, 2019 at 11:47am EST.
Compass is a licensed real estate brokerage that abides by Equal Housing Opportunity laws. Information is compiled from sources deemed reliable but is not guaranteed. All measurements and square footages are approximate. This is not intended to solicit property already listed. Compass is licensed as Compass Real Estate in DC and as Compass in Virginia and Maryland. 1313 14th Street NW, Washington, DC 20005 | 202.386.6330