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DC Neighborhood Cluster Profile - Housing
Housing UnitsPrice of Single-Family Homes (2016 $)
MobilityMortgage Lending (Home Purchase Loans)
Rental VacancyMortgage Borrower Income (2006 $)
HomeownershipSubprime Lending
Sales of Single-Family Homes 
 
Sources and Notes
 
Cluster 8<br /><small>Ward 6 / Downtown, Chinatown, Penn Quarters, Mount Vernon Square, North Capitol Street</small>

  This Neighborhood Cluster   All Neighborhood Clusters in D.C.
Average Low High
Housing Units            
Occupied housing units, 1980 3,179     6,329 874 17,039
Occupied housing units, 1990 3,135     6,241 506 17,275
Occupied housing units, 2000 3,831     6,208 722 17,458
Occupied housing units, 2010 7,543     6,668 786 19,514
Mobility            
% same house 5 years ago, 1990 52     53 30 75
% same house 5 years ago, 2000 47     50 22 75
Rental Vacancy            
Rental vacancy rate (%), 1980 7.2     6.0 0.6 14
Rental vacancy rate (%), 1990 7.0     8.0 3.2 46
Rental vacancy rate (%), 2000 6.5     6.2 0.6 14
Rental vacancy rate (%), 2011-15 4.9  2.1   5.6 0.0 34
Homeownership            
Homeownership rate (%), 1980 4.5     35 4.5 87
Homeownership rate (%), 1990 4.9     39 4.9 90
Homeownership rate (%), 2000 9.3     41 9.3 90
Homeownership rate (%), 2011-15 23  2.4   41 14 93
Sales of Single-Family Homes            
Number of sales, 1995 5.0     77 5.0 311
Number of sales, 1996 3.0     85 3.0 336
Number of sales, 1997 1.0     99 1.0 388
Number of sales, 1998 1.0     133 1.0 529
Number of sales, 1999 6.0     127 6.0 535
Number of sales, 2000 1.0     105 1.0 454
Number of sales, 2001 2.0     106 2.0 439
Number of sales, 2002 1.0     109 1.0 431
Number of sales, 2003 2.0     108 2.0 436
Number of sales, 2004 2.0     121 2.0 544
Number of sales, 2005 2.0     114 2.0 517
Number of sales, 2006 0.0     93 0.0 374
Number of sales, 2007 2.0     79 2.0 306
Number of sales, 2008 1.0     56 1.0 212
Number of sales, 2009 0.0     55 0.0 226
Number of sales, 2010 0.0     63 0.0 278
Number of sales, 2011 0.0     70 0.0 315
Number of sales, 2012 3.0     80 0.0 345
Number of sales, 2013 4.0     91 4.0 396
Number of sales, 2014 3.0     77 3.0 340
Number of sales, 2015 3.0     80 3.0 303
Number of sales, 2016 1.0     86 1.0 387
Price of Single-Family Homes (2016 $)            
Median sales price, 1995 i     241,000 93,000 599,000
Median sales price, 1996 i     231,000 99,000 635,000
Median sales price, 1997 i     235,000 94,000 601,000
Median sales price, 1998 i     248,000 77,000 688,000
Median sales price, 1999 i     265,000 77,000 783,000
Median sales price, 2000 i     305,000 74,000 824,000
Median sales price, 2001 i     344,000 123,000 920,000
Median sales price, 2002 i     402,000 138,000 1,097,000
Median sales price, 2003 i     454,000 137,000 1,407,000
Median sales price, 2004 i     513,000 168,000 1,244,000
Median sales price, 2005 i     579,000 194,000 1,394,000
Median sales price, 2006 i     618,000 255,000 1,453,000
Median sales price, 2007 i     622,000 277,000 1,277,000
Median sales price, 2008 i     590,000 255,000 1,511,000
Median sales price, 2009 i     556,000 236,000 1,207,000
Median sales price, 2010 i     581,000 211,000 1,321,000
Median sales price, 2011 i     530,000 195,000 1,552,000
Median sales price, 2012 i     556,000 190,000 1,266,000
Median sales price, 2013 i     609,000 189,000 1,794,000
Median sales price, 2014 i     632,000 222,000 1,603,000
Median sales price, 2015 i     674,000 256,000 1,401,000
Median sales price, 2016 i     698,000 250,000 1,960,000
% annual change median price, 2006-2016 i     1.2 -2.6 4.5
% annual change median price, 2011-2016 i     5.6 -3.3 23
% annual change median price, 2015-2016 i     3.5 -15 40
Mortgage Lending (Home Purchase Loans)            
Loans per 1,000 housing units, 1997 86     39 7.1 95
Loans per 1,000 housing units, 1998 61     53 5.5 123
Loans per 1,000 housing units, 1999 71     59 6.6 141
Loans per 1,000 housing units, 2000 70     61 12 157
Loans per 1,000 housing units, 2001 107     63 16 159
Loans per 1,000 housing units, 2002 109     67 20 153
Loans per 1,000 housing units, 2003 228     71 15 228
Loans per 1,000 housing units, 2004 620     88 20 620
Loans per 1,000 housing units, 2005 1,492     102 32 1,492
Loans per 1,000 housing units, 2006 795     94 31 795
Mortgage Borrower Income (2006 $)            
Median borrower income, 1997 70,390     76,392 22,084 185,481
Median borrower income, 1998 67,366     79,087 26,633 188,402
Median borrower income, 1999 71,327     78,009 25,144 185,683
Median borrower income, 2000 95,660     85,753 30,055 197,891
Median borrower income, 2001 79,725     92,601 41,855 216,963
Median borrower income, 2002 126,560     94,286 41,941 198,760
Median borrower income, 2003 83,246     93,607 51,569 190,590
Median borrower income, 2004 115,370     103,036 50,717 205,594
Median borrower income, 2005 112,576     112,999 59,338 210,046
Median borrower income, 2006 129,125     120,587 66,205 245,308
Subprime Lending            
% subprime loans, 1997 0.0     3.9 0.0 44
% subprime loans, 1998 2.7     5.9 0.0 88
% subprime loans, 1999 7.1     4.5 0.0 45
% subprime loans, 2000 0.0     5.1 0.0 32
% subprime loans, 2001 1.3     3.1 0.0 12
% subprime loans, 2002 1.3     2.8 0.0 22
% subprime loans, 2003 1.2     3.6 0.4 30
% subprime loans, 2004 1.3     5.3 0.1 20
% subprime loans, 2005 5.0     10 0.4 29
% subprime loans, 2006 1.7     8.7 0.5 28

Notes:
i = Insufficient data; s = Suppressed proprietary or confidential data.
 
Prepared by NeighborhoodInfo DC (revised August 16, 2017).
 
Sources and Notes