Realtors tell homebuyers to consider the neighborhood as much as the house: the quality of the schools, the leafiness of the streets, the competition for zoned parking, especially during street-cleaning season. Location is king. But what are Washington-area homebuyers looking for in a Metro stop?
Turns out, they’re looking for the Red Line.
In a report on median home prices put together by real estate listing site Estately, the three most expensive Metro stops to live near are Bethesda, Tenleytown, and Friendship Heights.
Here’s the full map (click to enlarge, so you can see the median home price near your stop):
Among the cheapest are the Green Line stops Naylor Road, Suitland, and Southern Avenue. (The market is overlooking some terrific amenities: The Yards! $4 beers at Glen’s! The Anacostia Heritage Trail! The above average escalators!)
More interesting is the neighboring Metro stops with the biggest house price gap. If you like the neighborhood near Medical Center (median house price: $755,000), you could save almost 400K living next door at Grosvenor-Strathmore, according to Estately. The savings are about the same between East Falls Church and one stop out in McLean.
Top 5 Most Expensive Stops By Median House Price
|Bethesda Metro Station||$882,500|
|Tenleytown Metro Station||$839,950|
|Friendship Heights Metro Station||$805,000|
|Medical Center Metro/Naval Med Ctr & NIH||$755,000|
|East Falls Church Metro Station||$740,000|
Top 5 Least Expensive Stops By Median House Price
|Naylor Road Metro Station||$143,000|
|Largo Town Center Metro Station||$159,000|
|Suitland Metro Station||$168,000|
|Landover Metro Station||$175,000|
|Addison Road Metro Station||$175,000|
See the full list on Estately.