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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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$2,100,000
 

501-503 Kennedy St Nw, WASHINGTON

INCREDIBLE DEVELOPMENT OPPORTUNITY ON KENNEDY STREET! Two MU-4 lots in an OPPORTUNITY ZONE at 501 and 503 Kennedy St NW with a total of 4632 sq ft lot size, up to 13,896 sq ft allowed above ground, are available in the vibrant and dynamic Kennedy Street corridor. Qualified investments may have all future gain TAX-FREE using the new tax laws; consult your tax advisor. Current sale prices per square foot are $450-550, so do the math-- there is up
$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
$1,450,000
 

4739 13th St Nw, WASHINGTON

6 Beds, 4½ Baths, 3,632 SqFt
Farmhouse modern Craftsman re-imagined and available in Petworth! Magnificent detached single family home combines the beauty of turn of the century architecture seamlessly with modern open concept living. This six bedroom four and a half bath home features four living levels; five upper level bedrooms and three full baths and a lower level that could be an in-law or nanny suite with legal bedroom, bath, extended wet bar and separate entrance,
$1,200,000
 

3922 14th St Nw, WASHINGTON

3 Beds, 2 Baths, 1,359 SqFt
Prime investment opportunity. Currently occupied and used as a residential dwelling with 3 livable stories. Sits on a .04 acre lot and situated in a MU-4 zone that permits mixed use including a broad range of commercial, institutional, and multiple dwelling/residential development. Plenty of room for parking in the back. Property is livable but needs lots of work. Location is ideal with thousands of pedestrian daily traffic and visibility. 95
$1,100,000
 

317 Taylor St Nw, WASHINGTON

5 Beds, 3½ Baths, 2,450 SqFt
In the heart of Petworth this home truly has it all. Over 2,400 sq ft of Luxury Living!! Open floor plan on main level, 5inch real red Oakwood hardwood floors, Mirabelle tubs, built-in speakers, designer light fixtures/finishes and so much more! Kitchen designed for a bonafide skilled chef. Providing a 13in Calacatta quartz island, generous countertops and exquisite pendant lights. Custom 12in cabinetry with highly efficient SS appliances, six
$1,050,000
 

4006 13th St Nw, WASHINGTON

4 Beds, 3½ Baths, 1,428 SqFt
Open this Sunday, July 5th 1-3 PM. Completely renovated brick Federal row-house in the heart of Columbia Heights with a delightful covered front porch! This bright and stylish home provides a fantastic open concept living space, 7.5 inch wire-brushed White Oak wood floors, recessed lighting, a built-in speaker and alarm system, 3.5 brand new beautifully appointed bathrooms, a wonderful covered rear deck, and a balcony off the master suite. The
$1,050,000
 

762 Rock Creek Church Rd Nw, WASHINGTON

4 Beds, 2 Baths, 2,038 SqFt
Opportunity knocks...Three level Big row house currently zoned RF-1. Currently used as Dental office on main level, and salon in lower level. 2 bedroom apartment upper level. Potential opportunity for business or condo conversion project. Lots of renovation in the neighborhood. Walk to Columbia Heights Metro, Safeway, dining, coffee shops and more. Shown by Appointment 24 hours notice, no showings on Friday. Contact listing agent with any
$1,039,000
 

1325 Allison St Nw, WASHINGTON

4 Beds, 3½ Baths, 2,476 SqFt
Another Gorgeous Renovation by Nantucket Holdings done in 2016. VERY Spacious Semi Detached home features a stunning open floor plan w/ all the bells & whistles .New oak hardwood floors, Large gourmet kitchen w Granite & SS Appl , 3.5 baths,large Finished bsmt / Family room/ In-Law Suite, Extra b/r / den, tons of closet space,all new systems,new roof, security system, large deck,secured parking w/ roll up garage. Convenient 5 stops on
$1,000,000
 

801 Crittenden St Nw, WASHINGTON

3 Beds, 3 Baths, 2,540 SqFt
CASH FLOW PROPERTY! -- INCENTIVE $100k Seller closing cost Credit w/Full price $1M offer~ Current Tenants pay $5,300. Lease expires May 31, 2021. You will love this HUGE home. This is not your average DC Row home. Featuring, 3 bedrooms and 3.5 baths, this corner-unit is complete with modern finishes: exposed brick, crystalized quartz flooring, marble backsplash, professional-grade S.S. appliances, quartz waterfall kitchen island. Hand-scraped
$985,000
 

4106 New Hampshire Ave Nw, WASHINGTON

4 Beds, 3½ Baths, 2,300 SqFt
Stunning Wardman style townhouse located in Petworth community. google map shows only 7 mins walking distance to Petworth Metro station. you are closeby to most major commuter routes and just blocks from the nightlife, restaurants, yoga studios, shops.Front and back entrance for both basement and main level.
$985,000
 

1335 Randolph St Nw, WASHINGTON

4 Beds, 3½ Baths, 2,639 SqFt
Flowering garden beds and leafy trees welcome you to this beautiful row house in gracious Petworth. Full of period charm, this stately home boasts arched doorways, hardwoods and coffered ceilings. With maple Shaker cabinets, a glass tile backsplash and stainless steel, the renovated kitchen opens to the dining room, with ample space for formal dining plus informal seating at the breakfast bar. The back sunroom is perfect for a walk-in pantry or
New
$985,000
 

4904 Kansas Ave Nw, WASHINGTON

5 Beds, 3½ Baths, 2,300 SqFt
Welcome to 4904 Kansas Ave, the finest and largest Petworth has to offer! "Immaculate design and high-end finishes throughout the house". Gorgeous front porch and grand 8ft entry door leads to an expansive twenty ft wide home. Full gut renovation includes new Roof, Gutters, Double Pane Windows, new Electric Panel (200 amp), Plumbing, Drywall, Insulation, new Duct work and High efficiency HVAC. Lovely trim package and LED recessed
New



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Listing information last updated on July 15th, 2020 at 4:30am EDT.