Why Live in River Terrace
River Terrace, located in Washington, D.C., features densely gridded streets lined with brick multifamily homes and rowhouses from the 1930s and '40s. Many homes have chain link fences around their front lawns, often adorned with shrubbery and colorful blooms. The neighborhood's main outdoor space is River Terrace Park, situated along the Anacostia River. The park includes playgrounds, basketball and tennis courts, and spacious grassy fields, making it a popular spot for dog walking, jogging, and biking along the Anacostia Riverwalk Trail. The trail currently extends 12 miles, with plans to expand to over 20 miles. Kingman and Heritage Islands, accessible via the Ethel Kennedy Bridge, offer additional recreational opportunities like hiking, biking, and kayaking, though swimming in the river is not advised due to pollution.
River Terrace lacks a significant restaurant scene, with most dining options located on nearby Benning Road or Minnesota Avenue. Local favorites include Norma’s Breakfast for a casual start to the day and Minnesota Seafood for a variety of dishes. The East River Park shopping center, a mile east, provides essential services like a CVS Pharmacy and a Safeway supermarket. Community life is active, with monthly meetings held by the River Terrace Community Organization and a local bike club that explores nearby paths. Public transportation is accessible, with bus route U4 and two Metrorail stations within a mile of the neighborhood. River Terrace has a crime rate comparable to the national average.
Frequently Asked Questions
Is River Terrace a good place to live?
River Terrace is a good place to live. River Terrace is considered very car-dependent and bikeable with good transit options. River Terrace has 5 parks for recreational activities. It is somewhat dense in population with 10.8 people per acre and a median age of 44. The average household income is $87,645 which is below the national average. College graduates make up 29.9% of residents. A majority of residents in River Terrace are home owners, with 34.5% of residents renting and 65.5% of residents owning their home. A
local real estate agent serving River Terrace can help you decide if this neighborhood is the right one for you. Learn more on our
River Terrace neighborhood guide.
Is River Terrace, DC a safe neighborhood?
River Terrace, DC is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in River Terrace?
The median home price in River Terrace is $352,500. If you put a 20% down payment of $70,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in River Terrace. The average household income in River Terrace is $88K.
What are the best public schools in River Terrace?
The best public schools that serve River Terrace are:
What are the most popular zip codes in River Terrace, Washington, DC?
What are the most popular neighborhoods near River Terrace, Washington, DC?
Home Trends in River Terrace, DC
On average, homes in River Terrace, Washington sell after 160 days on the market compared to the national average of 70 days. The median sale price for homes in River Terrace, Washington over the last 12 months is $260,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$260,000
Median Single Family Sale Price
$260,000
Median 2 Bedroom Sale Price
$350,000
Average Price Per Sq Ft
$187
Number of Homes for Sale
1
Last 12 months Home Sales
10
Median List Price
$352,500
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
-1%