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Washington
DC
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Overview
$923,255
Average Sales Price
$599,394
Median Sales Price
701,908
Population
3,946
Total Listings
Featured Listings
For Sale (4831)
Sold (98025)
Active2 Beds2 Baths900 SqFt843 UPSHUR ST NW #301, Washington, DC 20011
MLS# DCDC2277242
Listed by Goldberg Group Real Estate
Active1 Bath400 SqFt1010 P ST NW #6, Washington, DC 20001
MLS# DCDC2284036
Listed by Goldberg Group Real Estate
Active2 Beds2 Baths913 SqFt1462 HARVARD ST NW #1, Washington, DC 20009
MLS# DCDC2279824
Listed by Goldberg Group Real Estate
Active1 Bed1 Bath618 SqFt1816 NEW HAMPSHIRE AVE NW #1004, Washington, DC 20009
MLS# DCDC2277270
Listed by Goldberg Group Real Estate
Open Sat 1PM-3PM3 Beds3 Baths1,496 SqFt1231 W ST NW, Washington, DC 20009
MLS# DCDC2290302
Listed by Samson Properties
Open Sat 1PM-3PM4 Beds4 Baths2,817 SqFt3239 BEECH ST NW, Washington, DC 20015
MLS# DCDC2290528
Listed by Washington Fine Properties, LLC
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Public Services & Government
Education
Local Media
-
Elizabeth’s Gone Raw
1341 L St NW, Washington, DC 20005
Live/Raw Food Phone: 202-347-8349
-
Longworth Cafe
200-298 S Capitol St SW, Washington, DC 20003
Cafes
-
Picnic
1901 L St NW, Washington, DC 20036
Delis Phone: 202-331-8100
-
Browns Court Deli
401 New York Avenue NW, Washington, DC 20001
Delis Phone: 202-638-6510
-
Zephyr Deli
1000 H St NW, Washington, DC 20001
Delis Phone: 202-582-1234
-
Red Toque Cafe
1003 Wisconsin Ave NW, Washington, DC 20007
Indian Phone: 202-847-3476
-
The Gulf and Its Seafood
National Museum of Natural History, Washington, DC 20530
Seafood Phone: 202-633-1000
-
Quick Pita
1300 Pennsylvania Ave NW, Washington, DC 20004
Middle Eastern Phone: 202-842-2215
-
KFC
220 Riggs Rd NE, Washington, DC 20011
Chicken Wings Phone: 202-635-0088
-
Mr. Miyagi’s Japanese-Mexican Grill Food Truck
Washington, DC 20500
Mexican Phone: 240-429-2054
-
The Gryphon
1337 Connecticut Ave NW, Washington, DC 20036
Seafood Phone: 202-827-8980
-
Paul Bakery & Café
801 Pennsylvania Ave NW, Washington, DC 20004
Cafes Phone: 202-524-4500
-
City Grill Deli
1300 Pennsylvania Ave NW, Washington, DC 20001
American (Traditional)
Educational Environment
Elementary Schools (73)Middle Schools (29)High Schools (20)
Name
Category
Grades
Library
Ratio
10/10
Kipp Dc Promise Public Charter School
4801 Benning Rd SE, Washington, DC 20019
Public
1 - 4
No
14:1 STUDENTS/TEACHERS
10/10
Oyster Adams Bilingual School Oyster
2801 Calvert St NW, Washington, DC 20008
Public
PK - 8
No
12:1 STUDENTS/TEACHERS
10/10
Janney Elementary School
4130 Albemarle St NW, Washington, DC 20016
Public
PK - 5
No
15:1 STUDENTS/TEACHERS
10/10
Ross Elementary School
1730 R St NW, Washington, DC 20009
Public
EE - 5
No
14:1 STUDENTS/TEACHERS
10/10
Eaton Elementary School
3301 Lowell St NW, Washington, DC 20008
Public
PK - 5
No
14:1 STUDENTS/TEACHERS
10/10
Stoddert Elementary School
4001 Calvert St NW, Washington, DC 20007
Public
PK - 5
No
15:1 STUDENTS/TEACHERS
9/10
D C Preparatory Edgewood Elementary Public Charter School
707 Edgewood St NE, Washington, DC 20017
Public
PK - 3
No
11:1 STUDENTS/TEACHERS
9/10
Murch Elementary School
4810 36th St NW, Washington, DC 20008
Public
PK - 5
No
16:1 STUDENTS/TEACHERS
9/10
Maury Elementary School
1250 Constitution Ave NE, Washington, DC 20002
Public
EE - 5
No
14:1 STUDENTS/TEACHERS
9/10
Key Elementary School
5001 Dana Placenw, Washington, DC 20016
Public
PK - 5
No
14:1 STUDENTS/TEACHERS
9/10
Shepherd Elementary School
7800 14th St NW, Washington, DC 20012
Public
PK - 5
No
13:1 STUDENTS/TEACHERS
9/10
Lafayette Elementary School
5701 Broad Branch Rd NW, Washington, DC 20015
Public
PK - 5
No
14:1 STUDENTS/TEACHERS
9/10
Mann Elementary School
4430 Newark St NW, Washington, DC 20016
Public
PK - 5
No
13:1 STUDENTS/TEACHERS
8/10
Washington Latin Public Charter School Middle School
5200 2nd St NW, Washington, DC 20011
Public
5 - 8
No
13:1 STUDENTS/TEACHERS
8/10
Kipp Dc Spring Academy
1375 Mount Olivet Rd NE, Washington, DC 20002
Public
KG - KG
No
17:1 STUDENTS/TEACHERS
8/10
Latin America Montessori Bilingual Lamb Public Charter School
1375 Missouri Ave NW, Washington, DC 20011
Public
PK - 5
No
11:1 STUDENTS/TEACHERS
8/10
Two Rivers Public Charter School Elementary School
1227 4th St NE, Washington, DC 20002
Public
PK - 8
No
13:1 STUDENTS/TEACHERS
8/10
D C Preparatory Edgewood Middle Campus Public Charter School
701 Edgewood St NE, Washington, DC 20017
Public
4 - 8
No
9:1 STUDENTS/TEACHERS
8/10
D C Preparatory Benning Elementary Public Charter School
100 41st St NE, Washington, DC 20019
Public
PK - 3
No
10:1 STUDENTS/TEACHERS
8/10
Center City Shaw Campus Public Charter School
711 N St NW, Washington, DC 20001
Public
PK - 8
No
13:1 STUDENTS/TEACHERS
8/10
Washington Yu Ying Public Charter School
220 Taylor St NE, Washington, DC 20017
Public
PK - 6
No
13:1 STUDENTS/TEACHERS
8/10
Inspired Teaching Demonstration Public Charter School
1328 Florida Ave NW, Washington, DC 20009
Public
PK - 5
No
10:1 STUDENTS/TEACHERS
8/10
Hearst Elementary School
3950 37th St NW, Washington, DC 20008
Public
PK - 5
No
13:1 STUDENTS/TEACHERS
8/10
Marie Reed Elementary School
2201 18th St NW, Washington, DC 20009
Public
EE - 5
No
11:1 STUDENTS/TEACHERS
8/10
Thomson Elementary School
1200 L St NW, Washington, DC 20005
Public
EE - 5
No
10:1 STUDENTS/TEACHERS
8/10
Truesdell Education Campus
800 Ingraham St NW, Washington, DC 20011
Public
EE - 5
No
11:1 STUDENTS/TEACHERS
8/10
Barnard Elementary School
430 Decatur St NW, Washington, DC 20011
Public
EE - 5
No
11:1 STUDENTS/TEACHERS
8/10
Watkins/Peabody Elementary School
420 12th St SE, Washington, DC 20003
Public
EE - 5
No
16:1 STUDENTS/TEACHERS
8/10
Brent Elementary School
301 N Carolina Ave SE, Washington, DC 20003
Public
EE - 5
No
13:1 STUDENTS/TEACHERS
8/10
West Education Campus
1338 Farragut St NW, Washington, DC 20011
Public
EE - 5
No
12:1 STUDENTS/TEACHERS
8/10
Ludlow-Taylor Elementary School
659 G St NE, Washington, DC 20002
Public
EE - 5
No
12:1 STUDENTS/TEACHERS
7/10
Basis Dc Public Charter School
410 8th St NW, Washington, DC 20004
Public
5 - 9
No
16:1 STUDENTS/TEACHERS
7/10
Kipp Dc Key Academy Public Charter School
4801 Benning Rd SE, Washington, DC 20019
Public
5 - 8
No
14:1 STUDENTS/TEACHERS
7/10
Kipp Dc Aim Public Charter School Academy Public Charter School
2600 Douglass Rd SE, Washington, DC 20020
Public
5 - 8
No
14:1 STUDENTS/TEACHERS
7/10
D C Bilingual Public Charter School
1420 Columbia Rd NW, Washington, DC 20009
Public
PK - 6
No
9:1 STUDENTS/TEACHERS
7/10
Mundo Verde Bilingual Public Charter School
3220 16th St NW, Washington, DC 20010
Public
PK - 2
No
21:1 STUDENTS/TEACHERS
7/10
Center City Brightwood Campus Public Charter School
6008 Georgia Ave NW, Washington, DC 20011
Public
PK - 8
No
14:1 STUDENTS/TEACHERS
7/10
Creative Minds International Public Charter School
3224 16th St NW, Washington, DC 20010
Public
PK - 3
No
10:1 STUDENTS/TEACHERS
7/10
Whittier Education Campus
6201 5th St NW, Washington, DC 20011
Public
EE - 5
No
12:1 STUDENTS/TEACHERS
7/10
Seaton Elementary School
1503 10th St NW, Washington, DC 20001
Public
EE - 5
No
10:1 STUDENTS/TEACHERS
6/10
Elsie Whitlow Stokes Communtiy Freedom Public Charter School
3700 Oakview Ter NE, Washington, DC 20017
Public
PK - 6
No
10:1 STUDENTS/TEACHERS
6/10
Meridian Public Charter School
2120 13th St NW, Washington, DC 20009
Public
PK - 8
No
14:1 STUDENTS/TEACHERS
6/10
Capital City Lower Public Charter School
100 Peabody St NW, Washington, DC 20011
Public
PK - 4
No
12:1 STUDENTS/TEACHERS
6/10
Hope Community Public Charter School Lamond Campus
6200 Kansas Ave NE, Washington, DC 20011
Public
PK - 6
No
16:1 STUDENTS/TEACHERS
6/10
Bridges Public Charter School
1250 Taylor St NW, Washington, DC 20011
Public
PK - 1
No
10:1 STUDENTS/TEACHERS
6/10
Center City Petworth Campus Public Charter School
510 Webster St NW, Washington, DC 20011
Public
PK - 8
No
11:1 STUDENTS/TEACHERS
6/10
Center City Congress Heights Campus Public Charter School
220 High View Placese, Washington, DC 20032
Public
PK - 8
No
13:1 STUDENTS/TEACHERS
6/10
Hyde-Addison Elementary School
3219 O St NW, Washington, DC 20007
Public
PK - 5
No
13:1 STUDENTS/TEACHERS
6/10
Powell Elementary School
1350 Upshur St NW, Washington, DC 20011
Public
EE - 5
No
10:1 STUDENTS/TEACHERS
6/10
Brightwood Education Campus
1300 Nicholson St NW, Washington, DC 20011
Public
EE - 5
No
12:1 STUDENTS/TEACHERS
6/10
Bruce Monroe Elementary School @ Park View
3560 Warder St NW, Washington, DC 20010
Public
EE - 5
No
10:1 STUDENTS/TEACHERS
6/10
Randle Highlands Elementary School
1650 30th St SE, Washington, DC 20020
Public
EE - 5
No
12:1 STUDENTS/TEACHERS
6/10
H. D. Cooke Elementary School
2525 17th St NW, Washington, DC 20009
Public
EE - 5
No
11:1 STUDENTS/TEACHERS
5/10
Perry Street Preparatory Public Charter School
1800 Perry St NE, Washington, DC 20018
Public
PK - 12
No
12:1 STUDENTS/TEACHERS
5/10
Kipp Dc Will Academy Public Charter School
421 P St NW, Washington, DC 20001
Public
4 - 8
No
13:1 STUDENTS/TEACHERS
5/10
E L Haynes Public Charter School Georgia Ave
3600 Georgia Ave NW, Washington, DC 20010
Public
5 - 8
No
10:1 STUDENTS/TEACHERS
5/10
Eagle Academy Public Charter School Eagle Center at Mcgogney
3400 Wheeler Rd SE, Washington, DC 20032
Public
PK - 3
No
14:1 STUDENTS/TEACHERS
5/10
Hope Community Public Charter School Tolson Campus
2917 8th St NE, Washington, DC 20017
Public
PK - 8
No
17:1 STUDENTS/TEACHERS
5/10
William E Doar Jr Wedj Edgewood Elementary and Middle School
705 Edgewood St NE, Washington, DC 20017
Public
PK - 8
No
15:1 STUDENTS/TEACHERS
5/10
Achievement Preparatory Academy Public Charter School
908 Wahler Placese, Washington, DC 20032
Public
4 - 8
No
10:1 STUDENTS/TEACHERS
5/10
Excel Academy Public Charter School
2501 Ml King Jr Ave Se, Washington, DC 20020
Public
PK - 5
No
12:1 STUDENTS/TEACHERS
5/10
Dc Scholars Public Charter School
5601 E Capitol St SE, Washington, DC 20019
Public
PK - 4
No
12:1 STUDENTS/TEACHERS
5/10
Bancroft Elementary School
1755 Newton St NW, Washington, DC 20010
Public
EE - 5
No
11:1 STUDENTS/TEACHERS
5/10
Cleveland Elementary School
1825 8th St NW, Washington, DC 20001
Public
EE - 5
No
13:1 STUDENTS/TEACHERS
5/10
Tyler Elementary School
1001 G St SE, Washington, DC 20003
Public
EE - 5
No
12:1 STUDENTS/TEACHERS
5/10
Nalle Elementary School
219 50th St SE, Washington, DC 20019
Public
EE - 5
No
17:1 STUDENTS/TEACHERS
5/10
Ketcham Elementary School
1919 15th St SE, Washington, DC 20020
Public
EE - 5
No
17:1 STUDENTS/TEACHERS
5/10
Takoma Education Campus
7010 Piney Branch Rd NW, Washington, DC 20012
Public
EE - 5
No
12:1 STUDENTS/TEACHERS
5/10
Plummer Elementary School
4601 Texas Ave SE, Washington, DC 20019
Public
EE - 5
No
12:1 STUDENTS/TEACHERS
5/10
Raymond Education Campus
915 Spring Rd NW, Washington, DC 20010
Public
EE - 5
No
13:1 STUDENTS/TEACHERS
5/10
Beers Elementary School
3600 Alabama Ave SE, Washington, DC 20020
Public
EE - 5
No
13:1 STUDENTS/TEACHERS
5/10
Garfield Elementary School
2435 Alabama Ave SE, Washington, DC 20020
Public
EE - 5
No
15:1 STUDENTS/TEACHERS
5/10
Tubman Elementary School
3101 13th St NW, Washington, DC 20010
Public
EE - 5
No
11:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
10/10
Oyster Adams Bilingual School Oyster
2801 Calvert St NW, Washington, DC 20008
Public
PK - 8
No
12:1 STUDENTS/TEACHERS
9/10
School Without Walls @ Francis-Stevens Education Campus
2425 N St NW, Washington, DC 20037
Public
EE - 8
No
STUDENTS/TEACHERS
9/10
Deal Middle School
3815 Fort Dr NW, Washington, DC 20016
Public
6 - 8
No
15:1 STUDENTS/TEACHERS
8/10
Washington Latin Public Charter School Middle School
5200 2nd St NW, Washington, DC 20011
Public
5 - 8
No
13:1 STUDENTS/TEACHERS
8/10
Two Rivers Public Charter School Elementary School
1227 4th St NE, Washington, DC 20002
Public
PK - 8
No
13:1 STUDENTS/TEACHERS
8/10
D C Preparatory Edgewood Middle Campus Public Charter School
701 Edgewood St NE, Washington, DC 20017
Public
4 - 8
No
9:1 STUDENTS/TEACHERS
8/10
Center City Shaw Campus Public Charter School
711 N St NW, Washington, DC 20001
Public
PK - 8
No
13:1 STUDENTS/TEACHERS
8/10
Hardy Middle School
1819 35th St NW, Washington, DC 20007
Public
6 - 8
No
13:1 STUDENTS/TEACHERS
7/10
Basis Dc Public Charter School
410 8th St NW, Washington, DC 20004
Public
5 - 9
No
16:1 STUDENTS/TEACHERS
7/10
Kipp Dc Key Academy Public Charter School
4801 Benning Rd SE, Washington, DC 20019
Public
5 - 8
No
14:1 STUDENTS/TEACHERS
7/10
Kipp Dc Aim Public Charter School Academy Public Charter School
2600 Douglass Rd SE, Washington, DC 20020
Public
5 - 8
No
14:1 STUDENTS/TEACHERS
7/10
Center City Brightwood Campus Public Charter School
6008 Georgia Ave NW, Washington, DC 20011
Public
PK - 8
No
14:1 STUDENTS/TEACHERS
7/10
Columbia Heights Education Campus
3101 16th St NW, Washington, DC 20010
Public
6 - 8
No
14:1 STUDENTS/TEACHERS
6/10
Meridian Public Charter School
2120 13th St NW, Washington, DC 20009
Public
PK - 8
No
14:1 STUDENTS/TEACHERS
6/10
Howard University Middle School of Math and Science
405 Howard Place Nw, Washington, DC 20059
Public
6 - 8
No
11:1 STUDENTS/TEACHERS
6/10
Center City Petworth Campus Public Charter School
510 Webster St NW, Washington, DC 20011
Public
PK - 8
No
11:1 STUDENTS/TEACHERS
6/10
Center City Congress Heights Campus Public Charter School
220 High View Placese, Washington, DC 20032
Public
PK - 8
No
13:1 STUDENTS/TEACHERS
6/10
Stuart Hobson Middle School
410 E St NE, Washington, DC 20002
Public
6 - 8
No
17:1 STUDENTS/TEACHERS
5/10
Cesar Chavez Public Charter School for Public Policy Chavez Preparatory
770 Kenyon St NW, Washington, DC 20010
Public
6 - 9
No
11:1 STUDENTS/TEACHERS
5/10
Friendship Public Charter School Tech Preparatory
620 Milwaukee Placese, Washington, DC 20032
Public
6 - 11
No
13:1 STUDENTS/TEACHERS
5/10
Perry Street Preparatory Public Charter School
1800 Perry St NE, Washington, DC 20018
Public
PK - 12
No
12:1 STUDENTS/TEACHERS
5/10
Seed Public Charter School of Washington Dc
4300 C St SE, Washington, DC 20019
Public
6 - 12
No
8:1 STUDENTS/TEACHERS
5/10
Kipp Dc Will Academy Public Charter School
421 P St NW, Washington, DC 20001
Public
4 - 8
No
13:1 STUDENTS/TEACHERS
5/10
Paul Public Charter School Middle School
5800 8th St NW, Washington, DC 20011
Public
6 - 8
No
12:1 STUDENTS/TEACHERS
5/10
E L Haynes Public Charter School Georgia Ave
3600 Georgia Ave NW, Washington, DC 20010
Public
5 - 8
No
10:1 STUDENTS/TEACHERS
5/10
Hope Community Public Charter School Tolson Campus
2917 8th St NE, Washington, DC 20017
Public
PK - 8
No
17:1 STUDENTS/TEACHERS
5/10
William E Doar Jr Wedj Edgewood Elementary and Middle School
705 Edgewood St NE, Washington, DC 20017
Public
PK - 8
No
15:1 STUDENTS/TEACHERS
5/10
Achievement Preparatory Academy Public Charter School
908 Wahler Placese, Washington, DC 20032
Public
4 - 8
No
10:1 STUDENTS/TEACHERS
5/10
Richard Wright Public Charter School for Journalism and Media Arts
770 M St SE, Washington, DC 20003
Public
8 - 11
No
13:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
10/10
Washington Latin Public Charter School Upper School
5200 2nd St NW, Washington, DC 20011
Public
9 - 12
No
10:1 STUDENTS/TEACHERS
10/10
School Without Walls High School
2130 G St NW, Washington, DC 20037
Public
9 - 12
No
9:1 STUDENTS/TEACHERS
10/10
Benjamin Banneker Academy High School
800 Euclid St NW, Washington, DC 20001
Public
9 - 12
No
16:1 STUDENTS/TEACHERS
10/10
McKinley Technology High School
151 T St NE, Washington, DC 20002
Public
9 - 12
No
10:1 STUDENTS/TEACHERS
9/10
Ellington School of the Arts
3500 R St NW, Washington, DC 20007
Public
9 - 12
No
90:1 STUDENTS/TEACHERS
8/10
Kipp Dc College Preparatory Public Charter School
2600 Douglass Rd SE, Washington, DC 20020
Public
9 - 12
No
12:1 STUDENTS/TEACHERS
8/10
Thurgood Marshall Academy Public Charter School
2427 Ml King Jr Ave Se, Washington, DC 20020
Public
9 - 12
No
12:1 STUDENTS/TEACHERS
8/10
Wilson High School
3950 Chesapeake St NW, Washington, DC 20016
Public
9 - 12
No
16:1 STUDENTS/TEACHERS
7/10
E L Haynes Public Charter School Kansas Ave High School
4501 Kansas Ave Nw, Washington, DC 20010
Public
9 - 11
No
11:1 STUDENTS/TEACHERS
7/10
Phelps Architecture Construction and Engineering H
704 26th St NE, Washington, DC 20002
Public
9 - 12
No
10:1 STUDENTS/TEACHERS
6/10
Friendship Public Charter School Woodson Collegiate Campus
4095 Minnesota Ave NE, Washington, DC 20019
Public
9 - 12
No
14:1 STUDENTS/TEACHERS
6/10
Washington Math Science Tech Public Charter School
1920 Bladensburg Rd NE, Washington, DC 20002
Public
9 - 12
No
10:1 STUDENTS/TEACHERS
5/10
Cesar Chavez for Public Policy Capitol Hill Public Charter School
709 12th St SE, Washington, DC 20003
Public
9 - 12
No
11:1 STUDENTS/TEACHERS
5/10
Cesar Chavez for Public Policy Parkside Middle School Public Charter School
3701 Hayes St NE, Washington, DC 20019
Public
9 - 12
No
12:1 STUDENTS/TEACHERS
5/10
Friendship Public Charter School Tech Preparatory
620 Milwaukee Placese, Washington, DC 20032
Public
6 - 11
No
13:1 STUDENTS/TEACHERS
5/10
Perry Street Preparatory Public Charter School
1800 Perry St NE, Washington, DC 20018
Public
PK - 12
No
12:1 STUDENTS/TEACHERS
5/10
Idea Public Charter School
1027 45th St NE, Washington, DC 20019
Public
9 - 12
No
8:1 STUDENTS/TEACHERS
5/10
Seed Public Charter School of Washington Dc
4300 C St SE, Washington, DC 20019
Public
6 - 12
No
8:1 STUDENTS/TEACHERS
5/10
Richard Wright Public Charter School for Journalism and Media Arts
770 M St SE, Washington, DC 20003
Public
8 - 11
No
13:1 STUDENTS/TEACHERS
5/10
Eastern High School
1700 E Capitol St NE, Washington, DC 20003
Public
9 - 12
No
STUDENTS/TEACHERS
Show More
Have questions about Washington?
Ask me about homes, pricing trends, school options, commute, or the best streets to focus on. I'm happy to share local insights and help you narrow down the right fit.
Demographics
Data provided by Attom Data
Population
Employment
Population
701.9K
701.9K in 2020
Density
10.4K
per square mile
Households
333.8K
Total households
Gender
48% / 52%
Men Vs Women
Occupancy
41% / 59%
Owned Vs Rented
Age Median: Years
Education Level
FAQs
To help you make informed decisions, we've compiled answers to some of the most commonly asked questions.
How much do I need for a down payment on a home?
The amount you need for a down payment depends on the type of loan and your financial situation. While 20% is a common benchmark, many buyers put down less—some conventional loans allow as little as 3%, and FHA loans require just 3.5%.
What's included in my monthly mortgage payment?
Your monthly mortgage payment typically includes principal, interest, property taxes, and homeowners insurance (often abbreviated as PITI). Depending on your loan, it may also include private mortgage insurance (PMI), homeowners association (HOA) fees, or other costs.
What is a 2-1 buydown, and how does it work?
A 2-1 buydown is a type of mortgage financing that temporarily lowers your interest rate for the first two years of the loan. In the first year, your rate is reduced by 2%, and in the second year, it's reduced by 1%. After that, your rate adjusts to the original agreed-upon rate for the remainder of the loan.
Who pays for the 2-1 buydown—the buyer, the seller, or the lender?
The cost of a 2-1 buydown can be paid by the buyer, seller, or lender, depending on the agreement. Often, sellers offer to pay for the buydown as an incentive to attract buyers, especially in a slower market. Buyers can also choose to pay for it themselves if they want lower initial payments.
What are closing costs, and how much should I expect to pay?
Closing costs are fees associated with finalizing your home purchase, including loan origination fees, title insurance, appraisal fees, and more. They typically range from 2% to 5% of the home's purchase price. Some costs may be negotiable, and in certain cases, sellers may agree to cover part of them.
How does my credit score affect my mortgage rate?
Your credit score plays a significant role in determining your mortgage rate. A higher score typically qualifies you for lower interest rates, which can save you thousands of dollars over the life of your loan. If your score is lower, you may still qualify for a loan, but at a higher rate.
Work With Us
Ask me about homes, pricing trends, school options, commute, or the best streets to focus on. I'm happy to share local insights and help you narrow down the right fit.
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