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

12 Properties
$2,800,000
Neighborhood: Chevy Chase
6
Beds
5F11/2
Baths
4,578
Sq.Ft.
1922
Year Built
35
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...
$1,895,000
Neighborhood: Chevy Chase
5
Beds
3F11/2
Baths
4,110
Sq.Ft.
1961
Year Built
27
Days on Site
DCDC2079868
MLS
Stunning renovation with 4,000+ sq ft of living space in sought after Chevy Chase, DC neighborhood. This home features abundant natural light, has great flow and large open spaces. The main level...
$1,795,000
Neighborhood: Chevy Chase
2
Beds
2F11/2
Baths
2,192
Sq.Ft.
2007
Year Built
317
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 2/5
3726 Military Rd NW Washington,  DC 20015
$1,425,000
Neighborhood: Chevy Chase
4
Beds
4F21/2
Baths
3,261
Sq.Ft.
1989
Year Built
27
Days on Site
DCDC2079540
MLS
HUGE PRICE ADJUSTMENT! This delightful 4-bedroom 6-bath ELEVATOR home is in sought-after Chevy Chase. With over 3,100 sq. ft, this home showcases a gracious floorplan & well thought out living...
$1,295,000
Neighborhood: Chevy Chase
4
Beds
1F21/2
Baths
2,175
Sq.Ft.
1930
Year Built
3
Days on Site
DCDC2082662
MLS
Great opportunity for renovation, expansion or tear down/new-build in Chevy Chase DC just a few blocks from the shopping, dining, and retail of Connecticut Avenue, Lafayette Elementary and Broad...
$1,275,000
Neighborhood: Chevy Chase
2
Beds
2
Baths
1,440
Sq.Ft.
2007
Year Built
151
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....
$1,250,000
Neighborhood: Chevy Chase
4
Beds
3F11/2
Baths
4,500
Sq.Ft.
1939
Year Built
105
Days on Site
DCDC2071792
MLS
With a contemporary exterior design and customizable interior finishes, this house provides an opportunity to build your dream home in Chevy Chase, DC. This luxury home boasts a functional design, a...
Open 2/5
4301 Military Rd NW #703 Washington,  DC 20015
$979,000
Neighborhood: Chevy Chase
2
Beds
2
Baths
1,446
Sq.Ft.
2007
Year Built
147
Days on Site
DCDC2066538
MLS
PRICE IMPROVEMENT! TIME TO MAKE YOUR MOVE! ELECTRIC CAR HOOK UP ALREADY APPROVED IN BLDG....Urban Luxury in the Heart of Chevy Chase! Imagine waking up every morning to an exquisite, light-filled...
Open 2/5
4315 Harrison St NW #3 Washington,  DC 20015
$449,000
Neighborhood: Friendship Heights
1
Beds
1
Baths
636
Sq.Ft.
2022
Year Built
6
Days on Site
DCDC2082238
MLS
NEW PRICE! LAST UNIT LEFT! Tour before they are gone! Welcome to 4315 Harrison Street NW, a boutique collection of eight bespoke residences where modern amenities meet location to create the ultimate...
$410,000
Neighborhood: Friendship Heights
1
Beds
1
Baths
705
Sq.Ft.
2010
Year Built
18
Days on Site
DCDC2079974
MLS
Welcome to this high-end light-filled one-bedroom and den in the Harrison in Friendship Heights penthouse level. Open floor plan with south-facing walls of windows, Bosch and KitchenAid appliances,...
$400,000
Neighborhood: Chase Point
1
Baths
562
Sq.Ft.
2007
Year Built
56
Days on Site
DCDC2077612
MLS
Beautiful studio condo in friendship Heights close to all kinds of wonderful amenities. There's a custom built Murphy bed that matches the other cabinetry in the unit, so during the day the bed is...
Open 2/5
5410 Connecticut Ave NW NW #705 Washington,  DC 20015
2
Beds
2
Baths
1,017
Sq.Ft.
1957
Year Built
7
Days on Site
DCDC2082090
MLS
It's been almost 3 years since a 2BR unit in The Garfield has hit the DC marketplace. Located on the 7th floor with its living room facing Connecticut Avenue. This 2-bedroom and 2-full bathroom with...

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