Washington, DC Real Estate
According to census data in the year 2000 there were 274,845 housing units in Washington.
This represents a 1.3% decline from 278,489 in 1990.
Of those housing units, 274,845 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Washington is about 40.8%.
Washington's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Washington were built after 1949.
|Housing Units by Size|
|Five Bedrooms or more||3.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1940|
|Median Value of occupied units||$157,200|
|Median Price asked for vacant units||$117,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.03|
|Median year structure was built||1955|
|Median Monthly Rent asked for vacant units||$518|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||8.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.8%|