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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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$1,795,000
 

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.
$1,499,999
 

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
$1,229,000
 

831 Rock Creek Church Rd Nw #b, WASHINGTON

4 Beds, 3½ Baths, 2,400 SqFt
LAST REMAINING UNIT! An urban oasis situated in the heart of Park View. This stunning residence is anything but ordinary, offering refinement and sophistication with functional practicality. No stone was left unturned by this masterpiece, which was cultivated by the brain trust collaboration of DAKS & WOD Development. Upon entering Unit B you know that you have ~arrived~! This is more than a home, it is a representation of style, thoughtful
$1,070,000
 

4705 Kansas Ave Nw, WASHINGTON

5 Beds, 4½ Baths, 2,895 SqFt
Reduced 30K! Tastefully renovated from TOP to BOTTOM featuring 5 bedrooms, 4 full bathrooms, & a half bath for your guests on the main floor. Each bedroom on the upper floor features its own bathroom. The master bedroom features a large walk-in closet, high vaulted ceilings, and its own fireplace. Enjoy Sherman Circle from the terrace off of the master bedroom. Natural light fills up this property with the plentiful skylights available in
Reduced
$1,069,000
 

3916 Kansas Ave Nw, WASHINGTON

5 Beds, 4½ Baths, 1,793 SqFt
Come and enjoy this newly renovated home in Colombia Heights. This stunning 3 Beds/2.5 Bath house has plenty of room for everyone to enjoy. The lower level unit consists of 2 Beds with 2 Baths. This is fabulous and could be used to produce income that can cover a portion of the mortgage! Enough said book a viewing today!
$998,000
 

739 Rock Creek Church Rd Nw #2, WASHINGTON

4 Beds, 3 Baths, 1,900 SqFt
OPEN SUNDAY, (7/14), 1:00-3:00p. New Price. Phenomenal Penthouse just 1 block to metro in Petworth. Built in 1909 just as the new Petworth neighborhood began to develop, this stately Victorian now sits just a block~s walk to the Green/Yellow Line Metro. Set on a massive corner lot, there are windows on all sides that overlook the yard and grounds. This Penthouse unit has a distinct layout and private entrance. All the lighting fixtures and
$950,000
 

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!
$949,999
 

1202 Quincy St Nw, WASHINGTON

4 Beds, 3½ Baths, 1,518 SqFt
WOW! Wardman was Wright, ( Frank Lloyd?) thousands of Wardman homes made for 1923 and New times new demands result in this exclusive new restoration. Open floor plan now commands a social space w/ a fireplace opening, built in shelves for priceless pieces. Three large bedrooms, 3.5 baths, off street parking w/ retractable privacy gate, an in law suite with small patio sitting area A rocking front porch for watching the day go by. Wardman would
$949,900
 

3810 13th St Nw, WASHINGTON

3 Beds, 3½ Baths, 2,200 SqFt
Hard Hat Tour! Whatever plans your weekend might have in store for you, be sure to carve out some time to join us on Sunday June 30th, between 2 to 4PM. Get behind the scenes look at this spacious two-level 2 unit condominium building currently under construction in Columbia Heights and delivering in 60 days. Meet the developer, ask questions, and see up-close the quality and craftsmanship of these beautiful modern units that will soon be
$949,900
 

739 Rock Creek Church Rd Nw #1, WASHINGTON

3 Beds, 3½ Baths, 1,850 SqFt
New Price! Rare opportunity to own such an iconic home. Built in 1909, just as the new Petworth neighborhood began to develop, this stately Victorian now sits just a block~s walk to the Green/Yellow Line Metro. Set on a massive corner lot, there are windows on all sides that overlook the yard and grounds. Distinct layout and private entrance. All the lighting fixtures and recessed lights are high efficiency and LED powered. Modern finishes
$949,000
 

3716 13th St Nw #2, WASHINGTON

3 Beds, 3½ Baths, 2,182 SqFt
OPEN SUNDAY 2-4 PM** This gorgeous penthouse condo is the picture of modern luxury! The home has 3 owner's suites, each with their own spa-like en-suite bathrooms and two of which have outdoor spaces. The chef's kitchen has all top of the line KitchenAid appliances and a stunning center island with granite breakfast bar which seats up to 4 guests comfortably. The upper level has a wet bar / coffee station, and each of the rooms is drenched in



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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 July 17th, 2019 at 2:45am EDT.