Rock Creek Park Market Trends

Posted by Ben Puchalski on Friday, November 17th, 2017 at 3:49pm.

Rock Creek Park has quite a storied history. American Indians were some of the first to use its quarried rock outcroppings to make tools, fished in the creek and hunted in its woods. Later, in the 1600 to 1700s, European Americans began claiming the land and Georgetown was soon chartered at the mouth of Rock Creek. Once tobacco farming drained the soil of its worth, farmers switched to wheat and corn production. The most successful gristmill in the park is Peirce Mill, built along Rock Creek to convert grain to flour.

In 1890, Rock Creek Park was named one of the first federally managed parks. From then until now, many Washingtonians head to the park to enjoy some green space and all of what the park has to offer as far as recreational activities.

There are eight neighborhoods that surround the park, those being 16th St. Heights, Brightwood, Chevy Chase, Cleveland Park, Crestwood, Forest Hills and Shepherd Park. These neighborhoods offer multiple gorgeous housing options within a short distance to the park.

In 16th St. Heights, the average price of a home decreased slightly from 2016-2017, from $723,774 to $700,120. In 2016, 55 units were sold in the neighborhood, down slightly to 52 in 2017.

Brightwood, another popular neighborhood near Rock Creek Park, homes jumped from last year to $540,390, up $48,886. Interestingly enough, just about the same amount of homes were sold, 105 in 2017 as opposed to 106 in 2016.

Chevy Chase is another hot neighborhood to buy in. In 2017, the average sold price of homes was $972,870, up from 2016.

Cleveland Park saw home sold prices dip around $150,000, making it a great neighborhood to scoop up a good buy. The amount of homes sold grew from 85 to 100 in 2016 to 2017.

In Crestwood, home prices are getting higher due to the fact that so many are now realizing what a gorgeous neighborhood it is. The average sold price of a home is now $1.1 million, up from around $900,000 in 2016.

Alternatively, Forest Hills is a neighborhood where you will be able to get a good buy on a home—prices are now just below $700,000, around a $150,000 break from last year.

Finally, in Shepherd Park (a small neighborhood just south of Silver Spring and off of 16th St.) homes sold for around $850,000, up slightly from 2016.

Average sales for all the neighborhoods have Crestwood being in highest demand, with Chevy Chase not far behind. The most any home in the neighborhoods stayed on the market was just over 30 days—act fast before these beautiful homes in the neighborhoods are all scooped up.

Rock Creek Park offers tennis, golf, and horseback riding lessons, all at relatively affordable prices. Did you know the park has its own planetarium? There are also multiple hiking and biking trails, and picnicking areas perfect for spending a spectacularly sunny day.

See Rock Creek Park listings below, search nearby neighborhoods, or contact us for a list that fits your needs.

All Property Types in Polygon under $10,000,000

108 Properties Found. Page 1 of 9.
Photo of Listing #DCDC2112056

1908 24th St Nw, WASHINGTON

$9,888,000 - 7 Beds, 8 Baths, 10,292 Sf

MLS® # DCDC2112056

Photo of Listing #DCDC2128850

4701 Linnean Ave Nw, WASHINGTON

$9,100,000 - 8 Beds, 8 Baths, 9,042 Sf

MLS® # DCDC2128850

Photo of Listing #DCDC2107240

2701 Chesapeake St Nw, WASHINGTON

$7,995,000 - 6 Beds, 8 Baths, 10,070 Sf

MLS® # DCDC2107240

Photo of Listing #DCDC2076038

4656 Broad Branch Rd Nw, WASHINGTON

$4,900,000 - 6 Beds, 7 Baths, 5,947 Sf

MLS® # DCDC2076038

Photo of Listing #DCDC2112360

2446 Kalorama Rd Nw, WASHINGTON

$4,790,000 - 5 Beds, 6 Baths, 5,714 Sf

MLS® # DCDC2112360

Photo of Listing #DCDC2079608

4654 Broad Branch Rd Nw, WASHINGTON

$4,700,000 - 6 Beds, 7 Baths, 5,947 Sf

MLS® # DCDC2079608

Photo of Listing #DCDC520326

2829 Tilden St Nw, WASHINGTON

$3,700,000 - 7 Beds, 7 Baths, 6,185 Sf

MLS® # DCDC520326

Photo of Listing #DCDC2130614

2611 Klingle Rd Nw, WASHINGTON

$2,875,000 - 5 Beds, 6 Baths, 4,495 Sf

MLS® # DCDC2130614

Photo of Listing #DCDC2124410

4828 Linnean Ave Nw, WASHINGTON

$2,850,000 - 5 Beds, 6 Baths, 3,950 Sf

MLS® # DCDC2124410

Photo of Listing #DCDC2126700

8165 E Beach Dr Nw, WASHINGTON

$2,750,000 - 4 Beds, 4 Baths, 5,985 Sf

MLS® # DCDC2126700

Photo of Listing #DCDC2131672

2905 Ellicott St Nw, WASHINGTON

$2,499,000 - 4 Beds, 4 Baths, 3,065 Sf

MLS® # DCDC2131672

Photo of Listing #DCDC2125844

2837 Chesapeake St Nw, WASHINGTON

$2,375,000 - 6 Beds, 5 Baths, 3,836 Sf

MLS® # DCDC2125844



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Listing information last updated on March 28th, 2024 at 5:15pm EDT.