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The Capitol Hill housing market is moderately competitive. Last month, the median home sale price in Capitol Hill was $813K, reflecting a slight 0.31% decrease from the previous year. Meanwhile, the median price per square foot dropped by 6.6%, bringing it to $554.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In January 2025, the median home price in Capitol Hill was $813K, reflecting a slight 0.31% decline compared to the previous year. Homes in the area are taking longer to sell, averaging 58 days on the market compared to 47 days in January 2024. Despite this slowdown in market pace, buyer activity remains strong, with 160 homes sold this January—an increase from 119 sales last year. This uptick in transactions suggests that while prices have remained stable, demand for Capitol Hill properties continues to grow.
The Capitol Hill housing market is moderately competitive, with homes typically selling in about 60 days. While some properties receive multiple offers, the average home sells for approximately 2% below the list price before going under contract. However, highly desirable "hot homes" tend to sell faster, often going pending in around 28 days and closing at or near the listing price.
In December 2024, Capitol Hill remained a seller’s market, indicating that buyer demand outweighed the available housing inventory. With more prospective buyers competing for a limited number of homes, sellers often have the advantage, potentially leading to quicker sales and favorable pricing.
For detailed, up-to-date information on buying a house in Capitol Hill, including legal considerations and market trends, you can talk to us.
Capitol Hill offers a diverse range of properties, including historic row houses, modern condominiums, luxury townhomes, and single-family homes. Many homes feature classic architectural details, such as brick facades and period-specific design elements, while newer developments provide contemporary layouts and amenities. Buyers can also find high-rise condos with city views and proximity to urban conveniences, making the neighborhood appealing to a wide range of homebuyers.
Parking in Capitol Hill can be a challenge, especially in the more densely populated areas. While some townhomes and single-family homes come with private driveways or garages, many properties rely on street parking, which may require a residential parking permit. Condo buildings often provide assigned parking spaces or underground garages, but availability and fees vary. Buyers who prioritize parking should check the property’s parking situation before making an offer and consider nearby garage rental options if needed.
Since Capitol Hill has a mix of historic and modern properties, financing requirements may vary. Buyers purchasing a historic home should verify if any preservation restrictions impact renovations or repairs. Additionally, if purchasing a condo, lenders will review the financial health of the homeowners association (HOA), so it's important to check for any special assessments or high HOA fees that could affect loan approval. Working with a local lender who understands the Capitol Hill market can help streamline the financing process.
To maximize appeal, sellers should highlight their home’s best features, such as historic charm, modern upgrades, or unique outdoor spaces. Enhancing curb appeal with fresh landscaping, repainting the exterior, or upgrading entryways can make a strong first impression. Inside, decluttering, staging, and minor renovations—such as updating kitchens and bathrooms—can help attract buyers. Given the competitive market, professional photography and a compelling listing description are also crucial in capturing buyer interest.
Yes, sellers in Capitol Hill are required to disclose material defects and any known issues with the property, including structural concerns, past flooding, or environmental hazards such as lead-based paint (which is common in older homes). If the property is part of an HOA, sellers must provide buyers with HOA documents outlining rules, fees, and financial health. Being transparent with disclosures can help prevent legal complications and build buyer confidence.
Pricing a home correctly is key to attracting buyers while maximizing return. Sellers should work with a real estate agent to conduct a comparative market analysis (CMA), which evaluates recent sales of similar properties in the area. Factors such as home condition, size, location, and unique features should be considered when setting a price. While Capitol Hill is a sought-after area, overpricing can lead to longer days on market, so it's important to strike the right balance between competitiveness and profitability.
Contact us today with any questions or to explore available properties. Our expert team is here to guide you through every step of the process and help you secure the perfect home in this vibrant neighborhood! Whether you’re curious about current listings, market trends, or need help navigating the Capitol Hill real estate market, we’re here to assist. Don’t miss out on the opportunity to invest in one of the most sought-after areas—reach out now and let’s make your Capitol Hill homeownership goals a reality!
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