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
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 original floors and period details, followed
Own this RARE TREASURE - A true Petworth Grande Dame. This approximately 2700 square foot, corner rowhome was completely renovated in 2017 using the design services of Alter Urban Design Collaborative, and offers nearly every amenity utilizing bespoke materials. The home features spacious rooms and elegant architectural detailing, along with high-quality windows that grace this corner home with abundant natural light. Enter the home to be
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
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
Take advantage of a luxury home designed and built by the owner to be his residence with everything you could imagine.Open space concept, 5 bedrooms 4.5 bath, front porch and three decks makes outdoor living perfect, every closet is custom California style. Designer was able to put together the perfect combination of a highly efficient kitchen with all the storage you could dream of to include a bar with Smart TV. White quartz counter tops.
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 recessed lights are high
Incredible new condos built to impress even the most discerning of buyers. Central location close to everything the dynamic Georgia Ave corridor has to offer. Step outside your door and grab a coffee at Qualia followed by lunch at Cinder & Dinner at Timber Pizza Company and experience the some of the best food in DC! You will find tons of high-end design features throughout this home such as designer fixtures & hardware, wood floors,
To be fully Custom Renovated condo conversion in the highly sought-after Petworth subdivision. This home is a gem in the Petworth. It needs to be yours. It is rarely RA-1 zoned which allows to convert into 4 units of condo by right. It shines with a covered Porch-front and a huge back yard. This house is to be converted into a 4 unit condo, pending on immediate DCRA final permit approval. The seller would like to have a quick sale. The owner
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Listing information last updated on September 18th, 2019 at 5:15am EDT.
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