Real Estate Market Update for Fort Washington, MD
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 30% from one year earlier, and down 5% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 310-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 11%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 290-thousand dollars. The number of units sold increased 20% year-over-year, and decreased 10% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Fort Washington, MD
Area Information for Fort Washington, MD
  • Population: 23,620
  • Median Age: 45.65 yr
  • Median Commute Time: 40 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,712/sq mi
  • Population Change Since 2000: 7.41%
  • Closest Airport: Ronald Reagan Washington National
  • Closest College: National Defense Intelligence College
  • Closest Jr. College: Northern Virginia Cmnty Cllg-alexandria
  • Median Household Income: $107,764
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $272,100
  • Closest Major Sports Team: Washington Nationals
  • Change Avg. Household Income Since 2000: 23.16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Fort Washington, MD
Median Age: 45.65 Married: 44% Number of Households: 8,119 Households with Children: 2,349
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Fort Washington, MD

      School Name Distance Type Grades School Rating Parent Rating
      Apple Grove Elementary School 0.9 mi Public PRESCHOOL-6 1 0
      Tayac Elementary School 1.2 mi Public PRESCHOOL-5 1 0
      Isaac J. Gourdine Middle School 1.2 mi Public 6-8 1 0
      National Christian Academy 1.3 mi Private PRESCHOOL-12 0 0
      Avalon Elementary School 1.8 mi Public K-6 1 0
      St. Ignatius Loyola School 1.8 mi Catholic K-8 0 0
      The Maryland International Day School 1.8 mi Private PRESCHOOL-8 0 0
      Rose Valley Elementary School 1.8 mi Public PRESCHOOL-6 1 0
      Fort Foote Elementary School 1.9 mi Public PRESCHOOL-6 1 0
      Friendly High School 1.9 mi Public 9-12 1 3
      J. Frank Dent Elementary School 2.1 mi Public K-6 1 0
      Beddow School - Ft Washington Campus 2.5 mi Private PRESCHOOL-6 0 0
      Cross Cultures Learning Center 2.5 mi Private - 0 0
      Oxon Hill Middle School 2.6 mi Public 7-8 1 0
      Indian Queen Elementary School 2.8 mi Public K-6 2 0
      Potomac Landing Elementary School 4.5 mi Public PRESCHOOL-5 2 0
      Fort Washington Forest Elementary School 4.9 mi Public PRESCHOOL-5 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Fort Washington, MD
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.