20015 Is DC’s Least Affordable Zip Code



A new map by Zillow was released last week to much fanfare across DC, calculating housing affordability based on a monthly payment of $2,000, or 18 percent of a buyer’s monthly income, assuming a $500,000 home purchase price.  The color-coded map from dark red to dark green revealed the 20015 zip code as the least affordable, which includes the pricey DC neighborhoods of Chevy Chase DC and Friendship Heights.  After 20015, the 20003 zip code for the Capitol Hill neighborhood comes in 2nd, and the 20007 zip code for the neighborhoods in Georgetown, Glover Park, Foxhall, and Massachusetts Avenue Heights comes in at #3.  Longtime DC residents would not be surprised by these findings.

The map reveals DC’s eastern neighborhoods (NE) as most affordable and the western neighborhoods (NW) as least affordable.  At Zillow, affordability is measured by how much of a person’s monthly income is spent on a mortgage payment.  With a combination of rising home prices and mortgage rates, the median household in DC spends 22% of their income to afford the mortgage payments on the median home.

In 2013, the median household income was $91,689 in DC.  The typical DC homebuyer spent $1,357 each month on mortgage payments for homes, not condos, assuming a 20% down payment on a median home valued at $343,600 on a 30-year fixed mortgage with a 4.3% interest rate.

20015 Real Estate For Sale:

20015 Real Estate Listings

20 Properties
Page 1 of 2
Open 9/25
5516 39th St NW Washington, DC 20015
$2,995,516
Neighborhood: Chevy Chase
4
Beds
2F11/2
Baths
3,960
Sq.Ft.
1924
Year Built
11
Days on Site
DCDC2064602
MLS
Welcome to this EXTRAORDINARY 1924 (ELEVATOR )stone ( 16" granite block quarried at the Cleveland Park site where the Uptown Theater still stands) Arts and Crafts Bungalow, in which three...
$2,800,000
Neighborhood: Chevy Chase
6
Beds
5F11/2
Baths
4,578
Sq.Ft.
1922
Year Built
72
Days on Site
DCDC2058022
MLS
Finally, a new construction home in prime Chevy Chase DC location! This 6 bedroom, 5.5 bathroom home boasts over 4,500 finished square feet balancing traditional charm and modern chic design elements...
Open 9/24
5303 Reno Rd NW Washington, DC 20015
$1,975,000
Neighborhood: Chevy Chase
3
Beds
3F11/2
Baths
4,254
Sq.Ft.
1921
Year Built
3
Days on Site
DCDC2068142
MLS
Welcome to 5303 Reno Road, NW! Walk walk walk to Wisconsin Avenue and Friendship Heights as well as the shops and restaurants of the upper Connecticut Avenue corridor!! Sited on a rare, large ....
$1,795,000
Neighborhood: Chevy Chase
2
Beds
2F11/2
Baths
2,192
Sq.Ft.
2007
Year Built
183
Days on Site
DCDC2042172
MLS
Spectacular sun drenched two level penthouse in the luxurious Chase Point Condominium located in the heart of Friendship Heights DC. This two bedroom two full bath plus powder room bath condominium...
Open 9/25
3058 Harrison St NW Washington, DC 20015
$1,695,000
Neighborhood: Forest Hills
5
Beds
3F11/2
Baths
3,260
Sq.Ft.
1952
Year Built
9
Days on Site
DCDC2056176
MLS
Nestled in a quiet cul-de-sac in Forest Hills is a gem of a 5 bedroom/3.5 bath detached family home. Offering nearly 3200 SQ FT and in prime location where you get the tranquility you want when...
Open 9/25
4301 Military Rd NW #201 Washington, DC 20015
$1,560,000
Neighborhood: Chevy Chase
2
Beds
2F11/2
Baths
2,220
Sq.Ft.
2007
Year Built
5
Days on Site
DCDC2067268
MLS
Absolutely Exquisite Luxury in the Heart of Chevy Chase! Unique and Rarely Available Octagon Shaped open floor plan featuring 10 inch high ceilings, 2 Bedrooms + Den, 2.5 Baths, 3 Reserved Parking...
Open 9/24
3818 Military Rd NW Washington, DC 20015
$1,495,000
Neighborhood: Chevy Chase
5
Beds
2F21/2
Baths
2,600
Sq.Ft.
1941
Year Built
6
Days on Site
DCDC2064478
MLS
Fabulous center hall colonial, updated kitchen, 5 BR, 3.5 baths with detached garage, private garden. Lush plantings, nice room sizes, this home is ultra convenient to Friendship Heights and...
$1,350,000
Neighborhood: Chevy Chase
3
Beds
2F21/2
Baths
2,592
Sq.Ft.
1947
Year Built
5
Days on Site
DCDC2059228
MLS
You will fall in love with this stunning home with amazing features just waiting for your personal touch! This gorgeous home located in Chevy Chase, next to Rock Creek Park, offers gleaming hardwood...
Open 9/25
3233 Stephenson Place NW Washington, DC 20015
$1,295,000
Neighborhood: Chevy Chase
4
Beds
2F11/2
Baths
2,575
Sq.Ft.
1939
Year Built
5
Days on Site
DCDC2067584
MLS
STORYBOOK PERFECTION IN CHEVY CHASE! Welcome home to 3233 Stephenson Place, NW – a charming expanded 4 bedroom, 2.5 bath colonial on a premium corner lot in a sought-after Chevy Chase DC location....
$1,275,000
Neighborhood: Chevy Chase
2
Beds
2
Baths
1,440
Sq.Ft.
2007
Year Built
17
Days on Site
DCDC2065618
MLS
Urban Luxury in the Heart of Chevy Chase! Imagine waking up every morning to an exquisite, light-filled urban oasis with a spectacular view of the ever-changing seasons and a tranquil Zen-like garden....
$1,150,000
Neighborhood: Chevy Chase
2
Beds
2
Baths
1,460
Sq.Ft.
2007
Year Built
13
Days on Site
DCDC2065620
MLS
Tenant occupy currently; Time to Move Up to the Carefree Life you Deserve...Luxury Style! Spacious and Sunny 2 Bedroom Plus Den with Dramatic City Views. Open Floorplan with Gourmet Kitchen w/...
Open 9/25
4546 Harrison St NW Washington, DC 20015
$1,059,900
Neighborhood: American University Park
3
Beds
2F11/2
Baths
1,635
Sq.Ft.
1936
Year Built
18
Days on Site
DCDC2065812
MLS
Amazing American University Park - this charming and cozy 3BR/2.5 BA colonial home is in a prime location! Enter into a light filled living room with handsome herringbone styled wood flooring,...

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