The story of this market
The typical home in ZIP 20004 sells for about $410,000, or $546 per square foot.
Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $2,997 a month.
ZIP 20004 — Washington
The 20004 housing market remains stable with high-value, low-inventory conditions driven by its prime downtown location. While sales volume is currently low, the area maintains strong demand from high-income professionals, keeping prices resilient despite broader market volatility.
This ZIP is ideal for young professionals, urban-dwelling commuters, and investors seeking high-demand rental properties in the heart of the nation's capital.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 49 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 2.7% — a stable, low-distress profile.
Built from 78 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
versus the prior ACS vintage
ZCTA 20004, District of Columbia
Crime in the Penn Quarter/Downtown area is subject to urban density trends, with property crime being the primary concern compared to residential neighborhoods in the District.
The area is served by District of Columbia Public Schools, featuring specialized options like School-Within-School at Goding and BASIS DC PCS, which provide diverse academic environments.
The area is subject to standard urban flood risks and is managed under District-wide emergency and insurance protocols for high-density metropolitan zones.
The area is a primary hub for federal government, legal, and hospitality sectors, with ongoing mixed-use redevelopment projects maintaining high economic momentum.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (District of Columbia) — Deed Transfer Tax: 1.5% of consideration or fair market value; 1.1% for residential properties under $250,000. State (District of Columbia) — Deed Recordation Tax: 1.5% of consideration or fair market value; 1.1% for residential properties under $250,000. State (District of Columbia) — Real Property Tax: Class 1 (improved residential) is taxed at $0.96 per $100 of assessed value. Assessed at 100% of market value. Owner-occupied Class 1 properties receive a $30,000 exemption from assessed value.
This ZIP is centrally located in the employment core, offering exceptional walkability and immediate access to multiple Metro rail lines for regional commuting.
Residents have immediate access to the National Mall, numerous museums, and high-end dining and shopping districts within the Penn Quarter and surrounding downtown areas.
The rental market is highly competitive due to the proximity to major employment centers, with high demand for luxury and professional-grade apartments.
The economy is anchored by federal government agencies, international organizations, law firms, and a robust hospitality and tourism sector.
The area is served by multiple Metro stations, providing comprehensive rail and bus connectivity throughout the Washington metropolitan region.
Ongoing urban infill and mixed-use projects continue to modernize the downtown core, focusing on residential and commercial integration.
Parcels are subject to District of Columbia municipal tax and utility assessments, with no separate MUD or PID structures.
Property insurance is standard for urban commercial and residential zones, with premiums influenced by high-density construction and urban risk factors.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- The St. James4.49.8 mi
- F1 Arcade Washington, D.C.4.62.8 mi
- Sky Zone Trampoline Park411 mi
- Lake Fairfax Park4.615.7 mi
- Urban Air Trampoline and Adventure Park4.115.9 mi
- Nationals Park4.62.2 mi
- Capital One Arena4.51.3 mi
- Northwest Stadium49.6 mi
- Walter E. Washington Convention Center4.51.5 mi
- International Spy Museum4.40.9 mi
- Lincoln Memorial4.80.4 mi
- Smithsonian National Museum of Natural History4.80.9 mi
- Smithsonian's National Air and Space Museum4.61.2 mi
- Smithsonian National Zoological Park4.62.8 mi
- Washington Monument4.70.4 mi
- Lincoln Memorial4.80.4 mi
- Smithsonian National Museum of Natural History4.80.9 mi
- Smithsonian's National Air and Space Museum4.61.2 mi
- United States Capitol4.71.8 mi
- National Mall4.80.3 mi
- Lincoln Memorial4.80.4 mi
- National Mall4.80.3 mi
- United States Botanic Garden4.81.6 mi
- Martin Luther King, Jr. Memorial4.90.2 mi
- Brookside Gardens4.811.8 mi
- The Wharf DC4.71.1 mi
- Adventures Unbound: Columbia Island Marina4.61 mi
- Washington Sailing Marina4.73.9 mi
- The Wharf Marina4.71.3 mi
- Adventures Unbound: James Creek Marina4.52.2 mi
- Topgolf National Harbor46.6 mi
- East Potomac Golf Links4.11.3 mi
- Congressional Country Club4.710.3 mi
- Puttery4.51.1 mi
- Langston Golf Course & Driving Range4.33.9 mi
- Tysons Corner Center4.69.9 mi
- Tanger Outlets National Harbor4.46.9 mi
- Union Market4.52.7 mi
- Springfield Town Center4.410.7 mi
- Fashion Centre at Pentagon City4.42 mi
- Dulles International Airport4.122.8 mi
- Ronald Reagan Washington National Airport4.22.7 mi
- Baltimore/Washington International Thurgood Marshall Airport4.328.3 mi
- Capital One Lounge at IAD4.322.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Iconic national park space serving as the city's primary greenbelt and cultural anchor.
Major urban district featuring high-end retail, theaters, and diverse culinary options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.