Why Live in Ivy City
Ivy City in Washington, D.C.'s Ward 5 is a small industrial neighborhood undergoing significant transformation. Historically a retreat for African Americans post-Civil War, it evolved into an area dominated by railyards and factories. Recent developments have introduced distilleries, outlets, and new apartment buildings, shifting the focus to residential living. Notable attractions include Michelin-starred restaurants, Bib Gourmand-awarded taverns, and unique social clubs like Throw Social and The Lane, which offer rooftop cabanas, live music, and rock climbing walls. The Hecht's department store warehouse has been repurposed into luxury apartments with amenities such as a speakeasy clubroom and a rooftop deck. Distilleries like Republic Restoratives and Bo & Ivy add to the neighborhood's character. Ivy City features quaint rowhomes with hardwood floors, fenced backyards, and off-street parking, appealing to young, first-time homebuyers. Multi-family buildings with one-bedroom condominiums are also common. Despite the influx of trendy spots, warehouses and auto shops remain prevalent. The nearby National Arboretum, a 446-acre living museum, offers stunning gardens and historical installations. Union Market, just south of Ivy City, hosts various events and an open-air rooftop bar with city views. Public transportation is accessible with several Metrobus routes and the NoMa-Gallaudet U New York Avenue Red-Line Metro station less than 2 miles away.
Home Trends in Ivy City, DC
On average, homes in Ivy City, Washington sell after 396 days on the market compared to the national average of 51 days. The median sale price for homes in Ivy City, Washington over the last 12 months is $399,999, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$399,999
Median Townhouse Sale Price
$392,500
Average Price Per Sq Ft
$311
Number of Homes for Sale
7
Last 12 months Home Sales
1
Median List Price
$424,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-15%