Columbia Heights, DC Real Estate

In May 2025, the Columbia Heights housing market was somewhat competitive, with home prices up 2.8% year-over-year, selling for a median price of $700,000. Homes took longer to sell, averaging 60 days on the market compared to 42 days last year, indicating a slower pace of transactions. Sales volume also declined, with 82 homes sold compared to 94 in the same month last year, reflecting slightly weaker buyer demand despite the modest increase in home prices.

The Columbia Heights housing market is somewhat competitive, with homes typically selling in about 55.5 days. Some properties receive multiple offers, but on average, homes sell for around 1% below the list price and go pending in roughly 56 days. Hot homes, however, can attract stronger interest, selling closer to the list price and going pending in as little as 36 days, indicating moderate but steady buyer demand.

Columbia Heights is a balanced market in June 2025, meaning the supply of homes is roughly equal to buyer demand. This creates stable market conditions where homes generally sell at fair market value, with moderate competition and no significant advantage for either buyers or sellers.