Foggy Bottom, Washington, DC—20037
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Foggy Bottom, Washington, DC
Home Price Trends — Foggy Bottom, Washington, DC
As of Oct '25, the median home price in Foggy Bottom, Washington, DC is $556,000, with a year-over-year change of -2.3%. This indicates that home prices in Foggy Bottom, Washington, DC are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $556,000 | -2.3% |
| Single Family | $986,000 | -3.2% |
| Condos | $513,000 | -2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $417,000 | -2.8% |
2 Bed | $953,000 | -1.4% |
3 Bed | $1,720,000 | -2.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Foggy Bottom, Washington, DC
As of July '25, Rentcast reports the average rent in Foggy Bottom, Washington, DC is $3,290, with a year-over-year rent change of -8.1%. Per bedroom, the median rent as of July '25 in Foggy Bottom, Washington, DC is studios: $2,050, 1-bedrooms: $2,940, 2-bedrooms: $4,740, 3-bedrooms: $5,770. The most common rental property sizes in Foggy Bottom, Washington, DC are 1-bedroom and studio, accounting for 42.1% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,610 | $3,290 |
| Studio Rent | $1,950 | $2,050 |
| 1 Bed Rent | $2,600 | $2,940 |
| 2 Bed Rent | $4,350 | $4,740 |
| 3 Bed Rent | $5,900 | $5,770 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Foggy Bottom, Washington, DC
As of Oct '25, Realtor.com reports that the median days on market for a home in Foggy Bottom, Washington, DC is 79. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $654,000 | 9.0% |
Listing Count | 135 | 12.0% |
| Listings as % of Homes | 1.1% | 12.0% |
Days on Market | 79 | 2.0% |
Demographics — Foggy Bottom, Washington, DC
As of the latest ACS Survey released in 2023, Foggy Bottom, Washington, DC has a population of 12,400, which has decreased by -14.5% over the past 5 years. Foggy Bottom, Washington, DC is a less popular place for families, as children make up 3.0% of the population. The area has a highly educated workforce, with 89.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 38.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | -14.5% |
% Under 18 | 3.0% | 20.0% |
% Seniors | 16.4% | 30.2% |
% WFH | 38.7% | 644.2% |
% w/ College Degree | 89.8% | 2.3% |
As of the latest ACS Survey released in 2023, Foggy Bottom, Washington, DC is a predominantly white area, with 62.6% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Foggy Bottom, Washington, DC is hispanic, making up 13.5% of the population. Foreign-born residents account for 27.1% of the population in Foggy Bottom, Washington, DC, and this percentage has decreased by 0.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.6% | -5.9% |
% Black | 7.9% | 8.2% |
% Hispanic | 13.5% | 12.5% |
% Asian | 10.6% | -10.9% |
% Foreign Born | 27.1% | -0.4% |
Mortgage and Risk — Foggy Bottom, Washington, DC
According to HUD data as of 2023, there were 147 mortgage originations in Foggy Bottom, Washington, DC, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Foggy Bottom, Washington, DC. Investor activity is low, as 8.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 147 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 8.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Foggy Bottom, Washington, DC
Foggy Bottom, Washington, DC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 167 |
Total Units Section 8 | 167 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 93.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $2,600 | $2,510 |
| 2 Bedroom | -$1,530 | $4,350 | $2,820 |
| 3 Bedroom | -$2,370 | $5,900 | $3,530 |
| 4 Bedroom | N/A | N/A | $4,160 |
Affordability — Foggy Bottom, Washington, DC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $556,000 |
| Median Household Income | $98,900 |