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 #5

146 Properties Found. Page 5 of 13.
Photo of Listing #DCDC2137354

5446 30th St Nw, WASHINGTON

$1,450,000 - 4 Beds, 4 Baths, 2,877 Sf

MLS® # DCDC2137354

Photo of Listing #DCDC2127314

1000 Main Dr Nw, WASHINGTON

$1,450,000 - 8 Beds, 5 Baths, 6,469 Sf

MLS® # DCDC2127314

Photo of Listing #DCDC2132584

2756 Unicorn Ln Nw, WASHINGTON

$1,450,000 - 5 Beds, 5 Baths, 4,142 Sf

MLS® # DCDC2132584

Photo of Listing #DCDC2137990

1524 Allison St Nw, WASHINGTON

$1,410,000 - 5 Beds, 5 Baths, 2,684 Sf

MLS® # DCDC2137990

Photo of Listing #DCDC2129138

4505 15th St Nw, WASHINGTON

$1,390,000 - 4 Beds, 5 Baths, 2,871 Sf

MLS® # DCDC2129138

Photo of Listing #DCDC2134990

7538 14th St Nw, WASHINGTON

$1,350,000 - 4 Beds, 4 Baths, 2,644 Sf

MLS® # DCDC2134990

Photo of Listing #DCDC2127162

1358 Ingraham St Nw, WASHINGTON

$1,325,000 - 5 Beds, 5 Baths, 3,020 Sf

MLS® # DCDC2127162

Photo of Listing #DCDC2123054

1606 Longfellow Nw, WASHINGTON

$1,325,000 - 6 Beds, 4 Baths, 3,567 Sf

MLS® # DCDC2123054

Photo of Listing #DCDC2136042

5703 14th St Nw, WASHINGTON

$1,275,000 - 7 Beds, 5 Baths, 3,405 Sf

MLS® # DCDC2136042

Photo of Listing #DCDC2138596

6319 31st Pl Nw, WASHINGTON

$1,250,000 - 4 Beds, 3 Baths, 1,888 Sf

MLS® # DCDC2138596

Photo of Listing #DCDC2138268

5522 13th St Nw, WASHINGTON

$1,249,000 - 5 Beds, 5 Baths, 3,000 Sf

MLS® # DCDC2138268

Photo of Listing #DCDC2129766

3110 Oliver St Nw, WASHINGTON

$1,245,311 - 3 Beds, 2 Baths, 2,025 Sf

MLS® # DCDC2129766



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Listing information last updated on May 1st, 2024 at 10:31pm EDT.