Zip Code 20002

Washington, DCDistrict of Columbia County

Real Estate Market Analysis

Q3 2025 Report
$675,000 (May 2025)
Median Home Value
~80,000 (2025 estimate)
Population
$98,000
Median Income
Average to above average (varies by school)
School District Rating

Market Statistics

Property Values

$675,000 (May 2025)
Median Home Value
$2,850/month (2025 estimate)
Median Rent
$525 (2025 estimate)
Price per Sq Ft

Market Performance

Home Appreciation~4.5% year-over-year (2024-2025)
Market VelocityDays on market stable or improving; strong buyer demand index (HDI 95 for DC, May 2025)
Foreclosure RateLow, consistent with DC averages

Area Information

Area Size~4.5 sq mi
CountyDistrict of Columbia
Primary CityWashington

Housing Profile

Housing Statistics

Total Housing Units~37,000
Owner Occupied~41%
Rental Properties~59%
Vacant Units~7%
New ConstructionActive, especially multifamily and mixed-use projects (2024-2025)

Housing Types

RowhousesCondosApartmentsSingle-family homesNew mixed-use developments

Demographics

~80,000 (2025 estimate)
Population
34
Median Age
$98,000
Median Income
~95% (unemployment ~5%)
Employment Rate
High; over 60% with bachelor’s degree or higher
Education Levels
Mix of young professionals, families, and singles
Family Composition

Education Quality

School District Performance

Average to above average (varies by school)
District Rating
School DistrictDistrict of Columbia Public Schools (DCPS)
Test ScoresAt or slightly above DC average; some charters outperform
Graduation Rates~78% (DCPS average)

Schools in Area

  • J.O. Wilson Elementary
  • Stuart-Hobson Middle
  • Dunbar High
  • Two Rivers PCS
  • KIPP DC PCS

Economic Factors

Employment & Business

Job GrowthSteady, driven by government, education, and tech sectors
Unemployment Rate~5% (2025)
Business EnvironmentVibrant small business and retail scene, especially near H Street and Union Market
Commercial ActivityStrong, with new restaurants, retail, and office space

Major Employers

  • Federal government
  • DC government
  • Gallaudet University
  • Union Market businesses
  • Healthcare providers

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • Red Line Metro (NoMa-Gallaudet U)
  • Union Station (Amtrak, MARC, VRE)
  • Multiple bus lines
  • Bike lanes and trails

Utilities & Services

  • DC Water
  • Pepco (electric)
  • Washington Gas
  • High-speed internet

Quality of Life

Safety & Environment

Moderate; property crime higher than violent crime, but trending downward in key areas

Good; ongoing green initiatives and park improvements

Healthcare Access

  • MedStar Washington Hospital Center
  • Children’s National
  • Multiple urgent care clinics

Development Trends

Planned Developments

  • Union Market District expansion
  • New mixed-use at Florida Ave
  • Residential infill projects

Infrastructure Projects

  • Florida Ave streetscape improvements
  • Bike lane expansions

Investment Outlook

Growth Outlook

Positive; continued demand from young professionals and families

Investment Opportunities

  • Multifamily conversions
  • Short-term rentals
  • Retail/restaurant spaces

Marketing Intelligence

Target Demographics

  • Young professionals
  • First-time buyers
  • Investors
  • Families seeking urban amenities

Competitive Advantages

  • Proximity to downtown
  • Union Market/H Street amenities
  • Strong rental demand

Pricing Strategies

Position at or slightly above market for renovated properties; competitive pricing for older stock

Common Objections & Response Strategies

Objection: Concerns about crime rates

Response Strategy:

Highlight downward trends, neighborhood watch, and community policing

Objection: Rising mortgage rates

Response Strategy:

Emphasize long-term appreciation and rental income potential

Objection: School quality concerns

Response Strategy:

Point to high-performing charters and recent DCPS improvements

Objection: Parking and traffic

Response Strategy:

Promote transit, bike options, and new parking solutions

Professional Recommendations

1

Leverage neighborhood amenities and transit in marketing

2

Educate buyers on school and safety improvements

3

Target investors with rental data and value-add opportunities

4

Monitor new development for off-market deals

5

Advise sellers on timing to maximize appreciation

Competitive Analysis

Comparable Markets

  • 20003 (Capitol Hill)
  • 20001 (Shaw/Bloomingdale)
  • 20009 (Adams Morgan)

Market Positioning

Trendy, accessible, and rapidly improving urban neighborhood

Competitive Advantages

  • Lower price per sqft than 20003/20009
  • More new construction than 20001

Price Comparison

20002 median home value lower than 20003/20009, higher than 20032

Investment Metrics

4.8%–5.5% (multifamily, 2025)
Cap Rates
~5% gross yield
Rental Yields
~19–20
Price-to-Rent
Strong for well-located multifamily and renovated rowhomes
Cash Flow
4–5% annually (2025–2027)
Appreciation

Buyer Journey Insights

First-Time Buyers

High competition for entry-level condos/rowhomes; need pre-approval and flexibility

Move-Up Buyers

Options for larger rowhomes and new construction; highlight value vs. 20003

Downsizers

Attractive condos with amenities; emphasize walkability and low maintenance

Investors

Strong rental demand, especially near transit and Union Market

Relocators

Appealing for those seeking urban lifestyle with amenities and transit

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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