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Howard University, Washington D.C. Average Home Sizes and Asking Prices
| Updated On: January 29, 2012 |
| Sold Price History in 20001 |
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Homes for Sale in Howard University, LeDroit Park & Cardozo
Howard University, LeDroit Park & Cardozo Real Estate & Homes for Sale in Washington, D.C.
Washington, DC, is a collage of sights, sounds and culture. Made up of dozens of separate neighborhoods, the district represents diversity at its very best. Although DC is most often associated with American politics, its cultural significance is just as important. In central DC, the neighborhoods of Howard University, LeDroit Park and Cardozo are located less than two miles north of the National Mall. These neighborhoods appeal to buyers who enjoy the benefits of urban living but still appreciate the charm of historic architecture. Real estate options in the neighborhoods of Howard University, LeDroit Park and Cardozo include single family homes, condominiums and townhouses, a rich selection of row houses and Victorian style homes, as well as apartments.
Howard University, a reputable academic and research institution, was established in 1867, and the original homes of LeDroit Park were constructed between 1873 and 1900. By the mid-1900s, the LeDroit Park and Cardozo neighborhoods had become a hub of activity. U Street, Cardozo’s main drag, bustled with business activity during the day and then transformed itself into an entertainment destination at night. It was in this environment that Duke Ellington, one of the world’s most recognized jazz talents, grew up to appreciate self-expression through music. Today, Howard University and many of the original Victorian mansions and brick and frame row houses remain. These structures, along with many other landmarks, including a Duke Ellington mural, keep the influence of the region’s history alive. | Howard University, LeDroit Park & Cardozo DC |
Price Range of Howard University, LeDroit Park & Cardozo Houses
The residential properties available in the Howard University, LeDroit Park and Cardozo neighborhoods include detached, single family homes and condominiums, townhouses, row houses/brownstones, and apartments. One of the terrific things about living in the neighborhoods is the fact that residents have quick and easy access to the local nightlife, cultural venues, mom and pop markets and grocery stores, weekend farmers markets with locally produced gourmet items and a delightful selection of locally-owned and international eateries.
The pricing spectrum is diverse throughout $300,000 to $1 million+ in the Howard University neighborhood; $200,000 to $1 million+ in the Cardozo area; and $350,000 to $1 million+ in LeDroit Park. Since most of the development in this region occurred in the late-19th century and early-20th century, the homes are largely representative of the building styles popular in that era. Victorians and row houses with ornate brick or wood detail are far more common than the traditional, modern home. Some homes have been immaculately renovated, while others have loads of untapped potential. The neighborhoods have been popular in recent years with energetic buyers who don’t mind investing in and personalizing their new residence.
Howard University, LeDroit Park & Cardozo DC Real Estate for the week of January 9th, 2012: homes priced around $472,544 compared to $542,962 the previous week, showing a decrease of less than -15%. For Saturday, January 28th, the current national mortgage rate for a 30 year fixed mortgage is 3.89%; the 15 year fixed rate is at 3.22%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.43%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Howard University, LeDroit Park & Cardozo DC. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Howard University, LeDroit Park & Cardozo, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Howard University, LeDroit Park & Cardozo, Howard University, LeDroit Park & Cardozo neighborhood information, crime stats, home values, and schools in Howard University, LeDroit Park & Cardozo to help you find the best home! |