House Prices

McPherson Square Washington, DC House Prices & Home Values 2026


Average Data

average house price$511,994
average size per house720 ft²
average price per ft²679 $ / ft²

04/03/2026 - The value range (VR) for house prices in McPherson Square Washington, DC is $645.05/ sqft to $712.95/ sqft. An average home with 720 sqft costs approximately $442,608 to $489,198. Washington, DC includes 1 ZIP codes and it is located in District of Columbia county. The lowest prices are found in ZIP 20005, while the highest are in ZIP 20005. The average price per sqare feet is $679. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes McPherson Square Washington

20005251 $ / ft²




Historical development of home values in McPherson Square Washington

Year Estimated value (USD) Change vs. 2025
2010 $237,779 -53.6%
2011 $228,584 -55.4%
2012 $227,969 -55.5%
2013 $236,490 -53.8%
2014 $248,249 -51.5%
2015 $260,990 -49.0%
2016 $274,610 -46.4%
2017 $289,432 -43.5%
2018 $305,434 -40.3%
2019 $319,596 -37.6%
2020 $336,118 -34.4%
2021 $382,298 -25.3%
2022 $445,673 -13.0%
2023 $469,983 -8.2%
2024 $497,172 -2.9%
2025 $511,994 0.0%

Graph: estimated home values in McPherson Square Washington over time (USD)



Example: 100% financing house in McPherson Square Washington

Loan amount: $511,994

Interest rate: 5.72%

Fixed monthly payment: $2,977.46

Breakdown in the 1st month:
Interest portion: $2,439.65  –  Principal portion: $537.81

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,103.97 $6,625.53 $505,368.47
2 $28,715.03 $7,014.47 $498,354.00
3 $28,303.26 $7,426.23 $490,927.77
4 $27,867.32 $7,862.17 $483,065.59
5 $27,405.79 $8,323.70 $474,741.89
6 $26,917.17 $8,812.33 $465,929.56
7 $26,399.86 $9,329.63 $456,599.93
8 $25,852.19 $9,877.31 $446,722.62
9 $25,272.37 $10,457.13 $436,265.49
10 $24,658.51 $11,070.99 $425,194.50
11 $24,008.61 $11,720.89 $413,473.61
12 $23,320.56 $12,408.93 $401,064.68
13 $22,592.13 $13,137.37 $387,927.31
14 $21,820.93 $13,908.57 $374,018.74
15 $21,004.46 $14,725.04 $359,293.70
16 $20,140.06 $15,589.44 $343,704.27
17 $19,224.92 $16,504.58 $327,199.69
18 $18,256.06 $17,473.44 $309,726.25
19 $17,230.32 $18,499.17 $291,227.08
20 $16,144.37 $19,585.12 $271,641.95
21 $14,994.68 $20,734.82 $250,907.13
22 $13,777.49 $21,952.01 $228,955.12
23 $12,488.85 $23,240.65 $205,714.47
24 $11,124.56 $24,604.94 $181,109.53
25 $9,680.19 $26,049.31 $155,060.22
26 $8,151.02 $27,578.47 $127,481.75
27 $6,532.10 $29,197.40 $98,284.35
28 $4,818.13 $30,911.36 $67,372.98
29 $3,003.56 $32,725.94 $34,647.04
30 $1,082.46 $34,647.04 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in McPherson Square Washington, DC


1500 sqft3900 sqft
Ø selling price$1,174,463$2,498,403
Ø fast selling$1,067,694$2,248,563
Ø high price sale$1,281,233$2,748,244

In 2026, houses in McPherson Square Washington, DC will be offered at an average price of $679 per square foot. A 1,500 sqft home priced at $1,174,463 is 21.92% more expensive per square foot than a 3,900 sqft home priced at $2,498,403. Home prices in McPherson Square Washington, DC vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $1,729,664. Sellers who can wait longer may achieve a higher price of up to $2,114,034.


Explore McPherson Square, Washington, DC

Overview

McPherson Square is a vibrant downtown hub in Washington, DC, centered around a historic park and a busy Metro station.
Known for its mix of federal offices, modern coworking spaces, and classic Beaux-Arts architecture, the area blends workday energy with green respite.
Its prime location just a few blocks from the White House makes it a strategic base for visitors and professionals alike.

Location & Transportation

The McPherson Square Metro (Blue, Orange, and Silver lines) anchors effortless commutes and connects directly to Reagan National Airport and regional destinations.
Walkers and cyclists appreciate wide sidewalks, Capital Bikeshare docks, and easy strolls to Farragut Square, K Street, and the National Mall.

Living & Amenities

Residential options nearby range from sleek high-rises to converted historic buildings, with amenities, gyms, and concierge services popular among young professionals.
Dining spans power-lunch steakhouses, fast-casual favorites, and after-work happy hours, while boutique hotels and larger brands cater to business travelers.
Weekdays buzz with conferences and policy events, yet weekends reveal a quieter, walkable neighborhood feel with farmers markets and cultural venues close by.

History & Culture

The central park honors Civil War General James B. McPherson, and its lawns host public art, protests, and seasonal community gatherings.
From policy powerhouses to pocket green spaces, McPherson Square offers an accessible, walkable, and highly connected gateway to the heart of Washington, DC.



FAQ – Home Values in McPherson Square Washington

What is the median home value in McPherson Square Washington in 2026?

In 2026, the typical home value in McPherson Square Washington is about $511,994 for an average home size of 720 square feet. This corresponds to an average price of roughly $679 per square foot.

What is the average cost per square foot in McPherson Square Washington?

In 2026, homes in McPherson Square Washington sell for an average of around $679 per square foot, with a typical range between $645.05 and $712.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in McPherson Square?

The average home size in McPherson Square Washington is about 720 square feet, with an estimated 2026 value around $511,994.



Neighborhoods close to McPherson Square Washington, DC

Federal Triangle Washington, DC284 $ / ft²
Capitol Hill Washington, DC284 $ / ft²
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