U Street Corridor Home Prices & Values

$560,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.0% 1-year change
  • 0.6% 1-year forecast

The median home value in U Street Corridor is $560,300. U Street Corridor home values have gone up 6.0% over the past year and Zillow predicts they will rise 0.6% within the next year. The median list price per square foot in U Street Corridor is $542, which is higher than the Washington average of $442. The median price of homes currently listed in U Street Corridor is $369,000 while the median price of homes that sold is $569,000. The median rent price in U Street Corridor is $2,400, which is higher than the Washington median of $2,250.

Foreclosures will be a factor impacting home values in the next several years. In U Street Corridor 5.3 homes are foreclosed (per 10,000). This is greater than the Washington value of 0.8 and also greater than the national value of 4.3

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Relative ZHVI
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U Street Corridor Market Overview

Data through Aug 31, 2014
  • $560,300 ZHVI
  • 0.6% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $369,000 Median listing price
  • $569,000 Median sale price (Jul 31, 2014)
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U Street Corridor Market Health

Data through Aug 31, 2014
  • 2.9/10 Less healthy What's This?  
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    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)

5.3 homes(Aug 31, 2011) U Street Corridor
0.8 homes Washington
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Mount Pleasant $737,900 Shaw $625,000 Bloomingdale $592,700
Ledroit Park $583,900 Logan Circle $522,600 Adams Morgan $516,200
Park View $512,700 Columbia Heights $507,300 Dupont Circle $404,400

Listings & Sales

Data through Aug 31, 2014
  • $542 Median list price / sq ft
  • $656 Median sale price / sq ft (Jul 31, 2014)
  • 45.0% Listings with price cut
11.8%
Sold below listing
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U Street Corridor Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,840 U Street Corridor
$2,482 Washington
$1,328 United States
  • 5.1 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $2,400 Rent list price
  • No data Rent list price / sq ft
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