Home Values

Mount Vernon Square Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$465,500

  • 1.7% 1-year change
  • -0.2% 1-year forecast

The median home value in Mount Vernon Square is $465,500. Mount Vernon Square home values have gone up 1.7% over the past year and Zillow predicts they will fall -0.2% within the next year. The median list price per square foot in Mount Vernon Square is $591, which is higher than the Washington average of $449. The median price of homes currently listed in Mount Vernon Square is $448,900 while the median price of homes that sold is $582,251. The median rent price in Mount Vernon Square is $2,335, which is higher than the Washington median of $2,250.

Foreclosures will be a factor impacting home values in the next several years. In Mount Vernon Square 3.5 homes are foreclosed (per 10,000). This is greater than the Washington value of 0.7 and also lower than the national value of 4.0

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Relative ZHVI
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Mount Vernon Square Market Overview

Data through Sep 30, 2014
  • $465,500 ZHVI
  • -0.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $448,900 Median listing price
  • $582,251 Median sale price (Aug 31, 2014)
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Mount Vernon Square Market Health

Data through Sep 30, 2014
  • 5.5/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3.5 homes(Jul 31, 2014) Mount Vernon Square
0.7 homes Washington
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Shaw $645,100
Bloomingdale $627,100
Ledroit Park $589,200
Name Median ZHVI
Judiciary Square $556,400
Truxton Circle $543,700
Logan Circle $528,200
Name Median ZHVI
Downtown Washington $475,900
Eckington $469,500
Penn Quarter $468,800

Listings & Sales

Data through Sep 30, 2014
  • $591 Median list price / sq ft
  • $634 Median sale price / sq ft (Aug 31, 2014)
  • 10.0% Listings with price cut
9.2%
Sold below listing
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Mount Vernon Square Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,499 Mount Vernon Square
    $2,479 Washington
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,335 Rent list price
  • $3.04 Rent list price / sq ft
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