House Prices

Penn Quarter Washington, DC House Prices & Home Values 2026


Average Data

average house price$655,948
average size per house954 ft²
average price per ft²620 $ / ft²

04/03/2026 - The value range (VR) for house prices in Penn Quarter Washington, DC is $254/ sqft to $265/ sqft. An average home with 954 sqft costs approximately $218,327 to $227,782. Washington, DC includes 3 ZIP codes and it is located in District of Columbia county. The lowest prices are found in ZIP 20535, while the highest are in ZIP 20004. The average price per sqare feet is $620. Our analysis is based on 23 property listings.

Avergage prices by ZIP codes Penn Quarter Washington

20001255 $ / ft²
20004265 $ / ft²
20535254 $ / ft²




Historical development of home values in Penn Quarter Washington

Year Estimated value (USD) Change vs. 2025
2010 $304,634 -53.6%
2011 $292,854 -55.4%
2012 $292,065 -55.5%
2013 $302,982 -53.8%
2014 $318,048 -51.5%
2015 $334,371 -49.0%
2016 $351,821 -46.4%
2017 $370,810 -43.5%
2018 $391,310 -40.3%
2019 $409,455 -37.6%
2020 $430,622 -34.4%
2021 $489,786 -25.3%
2022 $570,980 -13.0%
2023 $602,125 -8.2%
2024 $636,959 -2.9%
2025 $655,948 0.0%

Graph: estimated home values in Penn Quarter Washington over time (USD)



Example: 100% financing house in Penn Quarter Washington

Loan amount: $655,948

Interest rate: 5.41%

Fixed monthly payment: $3,685.81

Breakdown in the 1st month:
Interest portion: $2,955.05  –  Principal portion: $730.76

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $35,239.98 $8,989.71 $646,958.29
2 $34,741.77 $9,487.92 $637,470.37
3 $34,215.95 $10,013.74 $627,456.64
4 $33,660.99 $10,568.70 $616,887.94
5 $33,075.28 $11,154.41 $605,733.53
6 $32,457.10 $11,772.59 $593,960.94
7 $31,804.67 $12,425.02 $581,535.93
8 $31,116.07 $13,113.61 $568,422.31
9 $30,389.32 $13,840.37 $554,581.95
10 $29,622.29 $14,607.40 $539,974.55
11 $28,812.75 $15,416.93 $524,557.62
12 $27,958.35 $16,271.34 $508,286.28
13 $27,056.59 $17,173.09 $491,113.19
14 $26,104.86 $18,124.82 $472,988.37
15 $25,100.39 $19,129.29 $453,859.07
16 $24,040.25 $20,189.44 $433,669.64
17 $22,921.36 $21,308.33 $412,361.31
18 $21,740.45 $22,489.23 $389,872.07
19 $20,494.10 $23,735.58 $366,136.49
20 $19,178.68 $25,051.00 $341,085.49
21 $17,790.36 $26,439.32 $314,646.16
22 $16,325.10 $27,904.59 $286,741.58
23 $14,778.63 $29,451.05 $257,290.52
24 $13,146.46 $31,083.22 $226,207.30
25 $11,423.84 $32,805.85 $193,401.45
26 $9,605.74 $34,623.94 $158,777.51
27 $7,686.89 $36,542.79 $122,234.71
28 $5,661.70 $38,567.99 $83,666.72
29 $3,524.27 $40,705.42 $42,961.30
30 $1,268.38 $42,961.30 $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 Penn Quarter Washington, DC


1500 sqft3900 sqft
Ø selling price$1,013,896$2,156,832
Ø fast selling$921,724$1,941,149
Ø high price sale$1,106,068$2,372,516

In 2026, houses in Penn Quarter Washington, DC will be offered at an average price of $620 per square foot. A 1,500 sqft home priced at $1,013,896 is 20.72% more expensive per square foot than a 3,900 sqft home priced at $2,156,832. Home prices in Penn Quarter 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 $1,493,192. Sellers who can wait longer may achieve a higher price of up to $1,825,012.


Penn Quarter Neighborhood Guide in Washington, DC

Overview

Penn Quarter in Washington, DC blends historic charm with modern energy, making it a top urban destination.
Centered east of the White House and adjacent to Chinatown, the neighborhood offers walkable streets, iconic architecture, and year-round events.

Location & Transit

Convenient Metro access at Gallery Place?Chinatown and Archives?Navy Memorial stations puts the entire capital at your doorstep.
Drivers enjoy quick connections via Pennsylvania Avenue and I?395, while bikers benefit from protected lanes and plentiful Capital Bikeshare docks.

Culture & Attractions

Cultural heavyweights include the Smithsonian American Art Museum, the National Portrait Gallery, Ford?s Theatre, and the International Spy Museum.
Sports and concerts pulse at Capital One Arena, anchoring nightlife and drawing visitors to pre- and post-event hotspots.
Public art, galleries, and seasonal markets keep Penn Quarter lively from morning to late night.

Dining & Nightlife

From chef-driven restaurants and craft cocktail bars to casual favorites along 7th Street NW, the dining scene is one of the best in DC.
Local coffee shops, happy-hour patios, and dessert spots make it easy to plan an itinerary that stretches well beyond dinner.

Living & Visiting Tips

Whether you?re touring museums or considering downtown condos, stay near Metro, book ahead for popular tables, and explore side streets to uncover hidden gems in Penn Quarter, Washington, DC.



FAQ – Home Values in Penn Quarter Washington

What is the median home value in Penn Quarter Washington in 2026?

In 2026, the typical home value in Penn Quarter Washington is about $655,948 for an average home size of 954 square feet. This corresponds to an average price of roughly $620 per square foot.

What is the average cost per square foot in Penn Quarter Washington?

In 2026, homes in Penn Quarter Washington sell for an average of around $620 per square foot, with a typical range between $254 and $265 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Penn Quarter?

The average home size in Penn Quarter Washington is about 954 square feet, with an estimated 2026 value around $655,948.



Neighborhoods close to Penn Quarter Washington, DC

Capitol Hill Washington, DC284 $ / ft²
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