The story of this market
The typical home in ZIP 20008 sells for about $830,943, or $585 per square foot.
Prices are roughly flat from a year ago (-0.1%), a market in balance. Homes take about 66 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,206 a month.
ZIP 20008 — Washington
ZIP 20008 maintains resilient valuation metrics driven by exceptional transit proximity, parkland frontage, and strong public school feeder patterns in Northwest DC. Single-family detached homes continue to command strong premiums with low inventory, while the substantial condominium and co-op sectors experience steady, balanced trading conditions. Buyer interest remains supported by the concentration of diplomatic, legal, and federal sector earners.
ZIP 20008 fits affluent professionals, diplomatic staff, and families prioritizing premier DC public and private schools alongside rapid transit connectivity to downtown. It also draws downsizers seeking historic luxury co-op and condominium living adjacent to Rock Creek Park.
Median prices moved down 0.1% year over year.
Homes spend a median of 66 days on market with 4.0 months of supply — a balanced-paced market.
21% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 8.0% — a stable, low-distress profile.
Built from 636 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.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 20008, District of Columbia
ZIP 20008, encompassing Woodley Park, Cleveland Park, Kalorama, and Forest Hills, posts violent crime rates significantly lower than District-wide averages. Property offenses such as vehicular theft and package larceny represent the vast majority of local police dispatch calls.
The ZIP is anchored by some of DC Public Schools' highest-performing facilities, including John Eaton Elementary and Oyster-Adams Bilingual School, feeding toward Alice Deal Middle and Jackson-Reed High School. Elite private institutions such as Sidwell Friends, Maret, and Beauvoir are also located within or immediately adjacent to the ZIP.
Wildfire and severe regional wind hazards are minimal, though low-lying margins near Rock Creek Park face localized riverine flash-flood exposure under severe precipitation. Residential homeowners enjoy accessible property insurance coverage without coastal reinsurance surcharges.
Development momentum centers along the Connecticut Avenue NW corridor, including commercial repositionings, sensitive infill, and transit accessibility around Red Line stations. The economy is heavily sustained by the federal civil service, international diplomatic missions, national non-profits, and educational/research anchors.
Residential properties in the District of Columbia are assessed at 100 percent of market value under a Class 1 residential tax rate of $0.85 per $100 of assessed value. Qualifying owner-occupants receive the District's Homestead Deduction, which shields over $87,000 from taxable valuation, alongside statutory annual assessment growth caps.
Commuters benefit from the WMATA Metrorail Red Line stations at Woodley Park-Zoo/Adams Morgan and Cleveland Park, delivering 10-to-15 minute rides to Downtown DC and Farragut Square. Connecticut Avenue NW and Rock Creek Parkway offer arterial vehicular routes, though rush-hour congestion is standard.
The neighborhood borders Rock Creek Park, providing hundreds of acres of trails, equestrian facilities, and biking along Pierce Mill. The Smithsonian National Zoological Park, Tregaron Conservancy, and Melvin Hazen Park sit directly inside the ZIP.
The local rental landscape features a mature mix of rent-stabilized vintage cooperatives, turn-of-the-century apartment houses, and modern mid-rise properties along Connecticut Avenue. Demand is consistently supported by embassy personnel, think-tank fellows, graduate researchers, and federal professionals.
The area's economy is sustained by international embassies, higher education, healthcare institutes, national association headquarters, and federal government executive agencies. Commuting into the core business district of Washington DC is swift and common among residents.
Metrorail's Red Line bisects the ZIP via Woodley Park and Cleveland Park stations, complemented by heavy bus volume along the Connecticut Avenue and Wisconsin Avenue corridors.
Planning oversight is steered by the DC Historic Preservation Review Board and local Advisory Neighborhood Commissions (ANCs 3C and 3E), ensuring compatible architectural design on Connecticut Avenue infill projects.
The District of Columbia Office of Tax and Revenue (OTR) performs annual mass appraisal assessments across all residential and commercial real property at 100 percent of estimated market value.
Property parcels in the ZIP belong to the unitary District of Columbia tax jurisdiction; there are no standalone MUD, PID, or independent county water/hospital districts.
Homeowners insurance availability remains sound with stable carrier capacity compared to coastal markets, though older historic homes require adequate coverage for building code and ordinance compliance.
DC experiences steady churn of domestic in-migration and out-migration tied to changes in presidential administrations, federal appointments, and legal/lobbying hiring cycles.
The District of Columbia operates under both judicial and non-judicial foreclosure processes, requiring extensive pre-foreclosure mediation and tenant right-to-purchase protections (TOPA).
DC statutory seller disclosure rules mandate detailed disclosure forms highlighting structural elements, mechanical systems, lead paint, and known historic preservation covenants.
Retrieved via Census Bureau Data profiles for ZCTA 20008; ACS 5-year estimates.
- The St. James4.412 mi
- F1 Arcade Washington, D.C.4.64.2 mi
- Lake Fairfax Park4.613.8 mi
- Sky Zone Trampoline Park412.7 mi
- Urban Air Trampoline and Adventure Park4.113.7 mi
- Nationals Park4.65.8 mi
- Capital One Arena4.53.9 mi
- Northwest Stadium410.9 mi
- Walter E. Washington Convention Center4.53.5 mi
- International Spy Museum4.44.7 mi
- Lincoln Memorial4.83.9 mi
- Smithsonian National Museum of Natural History4.84.2 mi
- Smithsonian's National Air and Space Museum4.64.5 mi
- Smithsonian National Zoological Park4.61.3 mi
- Washington Monument4.74.1 mi
- Lincoln Memorial4.83.9 mi
- Smithsonian National Museum of Natural History4.84.2 mi
- Smithsonian's National Air and Space Museum4.64.5 mi
- United States Capitol4.74.8 mi
- National Mall4.84.2 mi
- Lincoln Memorial4.83.9 mi
- National Mall4.84.2 mi
- United States Botanic Garden4.84.7 mi
- Great Falls Park4.810.9 mi
- Martin Luther King, Jr. Memorial4.94.2 mi
- The Wharf DC4.75 mi
- Adventures Unbound: Columbia Island Marina4.64.9 mi
- Washington Sailing Marina4.77.8 mi
- The Wharf Marina4.75.2 mi
- Adventures Unbound: Thompson Boat Center4.53.1 mi
- Topgolf National Harbor410.6 mi
- East Potomac Golf Links4.15.2 mi
- Congressional Country Club4.77.1 mi
- Puttery4.53.9 mi
- Northwest Golf Course4.311.8 mi
- Tysons Corner Center4.68.9 mi
- Tanger Outlets National Harbor4.410.9 mi
- Union Market4.54.3 mi
- Fashion Centre at Pentagon City4.45.7 mi
- Tysons Galleria4.58.9 mi
- Dulles International Airport4.121.3 mi
- Ronald Reagan Washington National Airport4.26.7 mi
- Baltimore/Washington International Thurgood Marshall Airport4.326.5 mi
- Capital One Lounge at IAD4.320.7 mi
- The Club BWI3.926.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A 163-acre world-renowned national zoo and conservation institute situated directly along Rock Creek in Woodley Park.
Major National Park Service urban reservation offering paved multisport trails, picnic groves, and historic landmarks like Pierce Mill.
A protected 13-acre historic landscape garden featuring trails, ponds, and open woodland between Woodley Park and Cleveland Park.
Pedestrian-friendly commercial strips anchored around the Woodley Park and Cleveland Park Metro stations.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.