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.

4141 New Hampshire Ave Nw, WASHINGTON

$799,999 - 3 Beds, 3 Baths, 1,782 Sf

MLS® # DCDC2129356

4404 Illinois Ave Nw, WASHINGTON

$1,125,000 - 4 Beds, 4 Baths, 2,786 Sf

MLS® # DCDC2129354

4628 4th St Nw, WASHINGTON

$1,155,000 - 4 Beds, 4 Baths, 1,652 Sf

MLS® # DCDC2129536

330 Missouri Ave Nw, WASHINGTON

$650,000 - 3 Beds, 2 Baths, 1,746 Sf

MLS® # DCDC2129522

214 Upshur St Nw, WASHINGTON

$875,000 - 4 Beds, 4 Baths, 2,300 Sf

MLS® # DCDC2130086

811 Longfellow St Nw, WASHINGTON

$699,999 - 6 Beds, 3 Baths, 1,528 Sf

MLS® # DCDC2125894

3927 7th St Nw, WASHINGTON

$1,700,000 - 8 Beds, 3 Baths, 2,983 Sf

MLS® # DCDC2130190

643 Farragut St Nw, WASHINGTON

$530,000 - 3 Beds, 3 Baths, 1,187 Sf

MLS® # DCDC2122216

911 Kennedy St Nw #4, WASHINGTON

$449,000 - 2 Beds, 2 Baths, 960 Sf

MLS® # DCDC2123906

911 Kennedy St Nw #12, WASHINGTON

$429,000 - 2 Beds, 3 Baths, 911 Sf

MLS® # DCDC2130230

939 Longfellow St Nw #3, WASHINGTON

$220,000 - 1 Bed, 1 Bath, 682 Sf

MLS® # DCDC2128670

5521 7th St Nw, WASHINGTON

$699,000 - 3 Beds, 4 Baths, 1,708 Sf

MLS® # DCDC2106874