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D.C. gains three new million-dollar neighborhoods since last year

Now, the District has over 40 neighborhoods with at least 10 percent of the homes worth seven figures or more

At one point, in Washington, D.C., having a home sell for over $1 million in neighborhoods like Brookland was a rarity. Now, nearly one in five houses in the District costs more than $1 million. Zillow now reports that there are eight new D.C. ZIP codes since 2014 that have at least 10 percent of their homes worth seven figures or more. Three of those ZIP codes—20001, 20012, and 22202—became $1 million neighborhoods in the past year.

For the full list of neighborhoods in the District who have at least 10 percent of their homes worth seven figures or more, check out Zillow’s list below.

D.C. neighborhoods with at least 10 percent of the homes worth seven figures or more

ZIP Code June 2017 Zillow Home Value Index
ZIP Code June 2017 Zillow Home Value Index
20001 $643,200
20003 $737,000
20005 $509,700
20007 $951,100
20008 $842,200
20009 $564,000
20010 $663,400
20012 $720,400
20015 $1,005,600
20016 $971,600
20037 $513,800
20117 $574,200
20129
20184
20812
20814 $686,900
20815 $879,700
20816 $901,900
20817 $868,400
20818 $883,800
20854 $875,500
20860 $560,900
20896
22027 $947,600
22039 $773,400
22046 $690,300
22066 $1,037,800
22101 $965,700
22102 $495,400
22124 $738,900
22180 $642,600
22181 $727,600
22182 $814,900
22201 $602,400
22202 $620,800
22205 $807,800
22207 $906,300
22209 $381,200
22213 $748,100
22301 $746,700
22302 $324,600
22314 $616,400
Data by Zillow Reporting by Michelle Goldchain

So far in 2017, there have been 12 neighborhoods that have had home sale prices average above $1 million, as reported by UrbanTurf. In order from most expensive to least, the D.C. neighborhoods with the highest average sales price so far this year are Massachusetts Avenue Heights, Spring Valley, Berkley, Kent, and Georgetown.

Not all of these neighborhoods were selling as high in 2016 as they are now. For example, the Palisades has had a $1,069,318 average sales price this year, compared to last year’s average of $904,044.

Compared to the first two quarters of 2016, the first two quarters of 2017 had a 71 percent increase in home sales above $2.5 million. For sales above $5 million, there was also an increase of 140 percent.

See How Million-Dollar ZIP Codes Have Changed Since 2007 [Zillow]

DC’s Million-Dollar Neighborhoods [UrbanTurf]

D.C.'s $1M Home Sales Jumped 50 percent in Two Years [Curbed DC]

In D.C., home sales over $2.5M increased 71 percent since 2016 [Curbed DC]

This is Brookland’s highest sold home in the last three years—maybe ever [Curbed DC]

D.C.'s most expensive homes sold in 2017 [Curbed DC]