While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Start by searching for available pre-foreclosure properties in your area. These properties aren't usually listed for sale, which means there's less competition from other buyers. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Don't miss out on this opportunity to get a great deal on a foreclosed property
Anacostia, situated in Southeast D.C., is known for its historical appeal and growing investment prospect. Consequently, this has become a sought after area with redevelopment in the process of converting foreclosures into profitable investments. The neighborhood is characterized by both traditional houses.
Deanwood, found in Northeast D.C., ranks among the oldest neighborhoods in the district. It boasts an interesting heritage and different designs of buildings. New developments and community investments have been taking place in the area hence making it an excellent site to locate cheap foreclosure properties that are poised for high appreciation.
Brookland is Little Rome because it is full of catholic institutions located at the north east of Washington DC (Adams & Schwartzman 2018). Most single detached homes here were built before 1960, while most of those remaining were constructed between 1960 and 1980, when residents most commonly used natural gas to heat their homes (ibid). Buying a foreclosed property helps investors join a closely-knit community with easy access to central Washington DC.
Congress Heights; another southeastern district of Columbia area which attracts attention as it has investment possibilities (Mackie & Mazza 2009). Ongoing revitalization projects and introduction of new amenities are making this place more attractive by days (ibid). Buyers wishing to buy foreclosed properties can do so as they wait for their values to appreciate due to various planned development projects within congress heights.
Petworths family friendly atmosphere makes people feel comfortable living there (Griffiths et al., 2012). The classical Victorian row houses complimented with contemporary condos make up the neighborhood (ibid.). Petworth foreclosure properties are actually some great opportunities worth investing in especially given its demand as well as closeness to the citys key attractions.
These neighborhoods provide foreclosure property investors with a variety of choices in Washington D.C. Each place has peculiar features and offers growth opportunities making them ideal for astute buyers.
Median Price (12 Mo): $591,000
Median Single-Family Price: $740,000
Median Townhouse Price: $630,000
Median 2-Bedroom Price: $510,000
Median 1-Bedroom Price: $400,000
Average Price Per Sq Ft: $519
Number of Homes for Sale: 2,470
Last 12 months Home Sales: Approximately 11,000 (estimated based on monthly sales trends)
Months of Supply: 4.2 months
Median List Price: $615,000
Median Discount From 1st List Price: 1.05%
Median Home Sale Price YoY Change: -1.3%
Percentage Rate Foreclosure: Approximately 0.6%
Foreclosure Information:
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