Situated just east of the U.S. Capitol is the beautiful neighborhood known as Capitol Hill. With over 8,000 buildings on its grounds, some dating from the 1820s and the Civil War and others from the late 19th/early 20th centuries, Capitol Hill is one of the largest historic districts in the country. Once called Jenkins Hill, the setting of this neighborhood and the location of the Capitol building were chosen by Pierre L'Enfant, the planner of the new capital city. Congressmen once used the area's many boardinghouses as temporary residences and Thomas Jefferson walked from his boardinghouse on New Jersey Avenue to take his oath as President.
In addition to enjoying the range of architectural styles on display in the neighborhood, residents and visitors alike enjoy diverse dining opportunities and eclectic shopping. Additionally, many D.C. points of interest are located here, such as the Folger Shakespeare Library, Union Station and Eastern Market, the oldest working public market in D.C. Offering fare ranging from local produce to crab cakes to pottery, this 19th-century red brick building is listed on the National Register of Historic Sites and is a must-see attraction in the neighborhood. Capitol Hill is also home to Lincoln Park, a beautiful oasis surrounded by Victorian homes. From its proximity to several Metro locations to its bounty of restaurants and shops, residents of this prestigious neighborhood experience only the best of D.C.
Prospective buyers and investors looking to purchase real estate in Capitol Hill, D.C., will find that the area's real estate market is desirable and diverse. Single-family homes, historic properties, townhouses and a wide variety of condominiums anchor the market, and buildable lots to customize your dream home are also available for purchase.
Capitol Hill, DC Real Estate Market: Price Range of Capitol Hill, DC Homes for Sale
The real estate market in Capitol Hill/Old City 2 is diverse, allowing buyers to find properties within close proximity to local golf courses, the area's many esteemed colleges, or other attractions in the heart of the city. Capitol Hill condominiums and townhouses are readily available from $120,000 to over $2 million. Capitol Hill single family homes and semi-detached homes are available from $120,000 to $1.5 million. Properties are available in a variety of styles, such as Victorian, traditional, Federal and colonial. Many beautiful historic homes in Capitol Hill are also on the market, but land for custom building is limited.
Capitol Hill Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $459,950 compared to $519,943 the previous week, showing a decrease of less than -13%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Capitol Hill DC. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Capitol Hill to help you find the best home!