Petworth Homes For Sale in Washington DC
Located in the northwestern quadrant of Washington, DC, the neighborhood of Petworth is still conveniently close to the downtown city area. It is roughly bounded by Kennedy Street to the north, North Capitol Street and Rock Creek Church Road to the east, Spring Road to the south and Georgia and Arkansas Avenues to the west. Nearby neighborhoods include Columbia Heights and Brightwood, and it is also walking distance to Rock Creek Park. As one of DC's larger neighborhoods, Petworth has shown a steady growth and rejuvenation in recent years and has become a popular real estate marketplace.
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More About Petworth Homes For Sale in Washington DC
Petworth homes for sale in Washington DC are similar to many of DC's traditionally neighborhoods with an emphasis on row houses and classic Victorian-style architecture. It is not uncommon to see townhouses with curvilinear and turret design at particular corners. The area also features modern multi-unit developments that combine Deco and early 20th century design with more contemporary elements. Properties for sale include some single family homes in a variety of styles and large converted apartment buildings, however the neighborhood is predominantly populated by classic Washingtonian row houses. The median list price in Petworth is around $350,000, although one-bedroom condos can be had for less.
Neighborhood gentrification began taking hold around five years ago in Petworth, and has escalated since. Home values have shown a sharp double digit percent increase in the last year alone. New development projects such as the mixed-use construction at the site of the old Safeway supermarket are doing much to promote a more upscale retail environment. Still, much of the growth has had to do more with vacant and available properties being purchased than developers pushing out existing owners. There is also a a sizable market for real estate rentals.
While foreclosures for sale in Petworth are not nearly as plentiful as they once were, there are still bargain opportunities. Many real estate experts see Petworth as a continued long term growth project due to its size, with a population that is nearing the 20,000 mark. The neighborhood is served by the Georgia Avenue-Petworth Metro Station and professionals enjoy an easy commute into the city. Schools in the area include Bernard Elementary, Tri-Community Public Charter School, and E.L. Haynes Public Charter School.
Call District Partners at Compass to learn more, (202) 798-3600.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2018.
Listing information last updated on October 16th, 2018 at 1:54pm EDT.