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 - Page #2

170 Properties Found. Page 2 of 15.
Photo of Listing #DCDC2158488

2700 Calvert St Nw #417, WASHINGTON

$2,069,000 - 2 Beds, 3 Baths, 2,569 Sf

MLS® # DCDC2158488

Photo of Listing #DCDC2156226

1814 Park Rd Nw, WASHINGTON

$1,999,900 - 5 Beds, 4 Baths, 3,857 Sf

MLS® # DCDC2156226

Photo of Listing #DCDC2142184

4822 Blagden Ave Nw, WASHINGTON

$1,945,000 - 4 Beds, 5 Baths, 4,120 Sf

MLS® # DCDC2142184

Photo of Listing #DCDC2125984

1821 Sudbury Ln Nw, WASHINGTON

$1,890,000 - 5 Beds, 5 Baths, 5,032 Sf

MLS® # DCDC2125984

Photo of Listing #DCDC2163718

1973 Biltmore St Nw, WASHINGTON

$1,850,000 - 4 Beds, 5 Baths, 4,020 Sf

MLS® # DCDC2163718

Photo of Listing #DCDC2137556

3169 18th St Nw, WASHINGTON

$1,800,000 - 3,862 Sf

MLS® # DCDC2137556

Photo of Listing #DCDC2165450

3360 18th St Nw, WASHINGTON

$1,750,000 - 6 Beds, 5 Baths, 3,750 Sf

MLS® # DCDC2165450

Photo of Listing #DCDC2158502

1614 Tuckerman St Nw, WASHINGTON

$1,700,000 - 4 Beds, 5 Baths, 4,300 Sf

MLS® # DCDC2158502

Photo of Listing #DCDC2152770

6510 Luzon Ave Nw, WASHINGTON

$1,699,900 - 6 Beds, 6 Baths, 4,583 Sf

MLS® # DCDC2152770

Photo of Listing #DCDC2151008

3164 Upland Ter Nw, WASHINGTON

$1,699,000 - 5 Beds, 4 Baths, 3,300 Sf

MLS® # DCDC2151008

Photo of Listing #DCDC2166052

7520 16th St Nw, WASHINGTON

$1,600,000 - 4 Beds, 3 Baths, 3,942 Sf

MLS® # DCDC2166052

Photo of Listing #DCDC2166734

3250 Chestnut St Nw, WASHINGTON

$1,595,000 - 5 Beds, 4 Baths, 2,446 Sf

MLS® # DCDC2166734



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Listing information last updated on November 9th, 2024 at 9:03am EST.