Capitol Hill Real Estate Listings & Homes for Sale

In August 2024, Capitol Hill home prices went up 8.3% from the previous year with the median selling for $910K. While prices are up, homes are taking a little longer to sell, 40 days on market vs 35 days last year. This is a slight change in buyer demand or market pace. The number of homes sold is down slightly, 190 in August vs 197 last year. And interestingly, despite the overall price increase, the price per square foot is down 5.1% to $563. So while prices are up, buyers are getting more space for their money than they were a year ago. This could be a change in the types or sizes of homes being sold or a focus on more competitively priced homes.

The Capitol Hill housing market is moderately competitive, with homes typically selling in about 48 days. While some properties attract multiple offers, the average home sells for roughly 1% below the list price and goes pending within 48 days. However, "hot" homes—those in high demand—can sell for approximately 1% above the list price and often go pending in as little as 24 days. This suggests that while the overall market is steady, certain desirable homes are moving much faster and commanding higher prices.

Capitol Hill offers a dynamic mix of vibrant city living, historic charm, and competitive real estate options. With homes that balance increasing property values and relatively quick sales, the neighborhood appeals to buyers seeking both investment potential and lifestyle convenience. Whether you're drawn to its thriving cultural scene, proximity to downtown, or its blend of architectural styles, Capitol Hill provides a unique urban experience where hot properties move fast and offer great value for your money.