Spring Valley
Spring Valley

On the Market in Spring Valley

4934 INDIAN LN NW
$7,450,000 | 8 Beds | 6/3 Baths
4880 GLENBROOK RD NW
$6,950,000 | 6 Beds | 7.5 Baths
4837 TILDEN ST NW
$4,250,000 | 7 Beds | 5/3 Baths
4608 ROCKWOOD PKWY NW
$2,999,000 | 6 Beds | 5/3 Baths
4998 WARREN ST NW
$2,495,000 | 7 Beds | 7.5 Baths
4916 ROCKWOOD PKWY NW
$2,495,000 | 5 Beds | 4.5 Baths
4960 HILLBROOK LN NW
$1,850,000 | 5 Beds | 3/2 Baths
3510 OVERLOOK LN NW
$1,800,000 | 5 Beds | 4 Baths
4014 49TH ST NW
$1,250,000 | 4 Beds | 3 Baths

Sold Listings

5114 52ND ST NW
$1,843,750 | 5 Beds | 4.5 Baths
5037 LOUGHBORO RD NW
$1,750,000 | 6 Beds | 5.5 Baths
4927 SEDGWICK ST NW
$1,580,000 | 6 Beds | 3.5 Baths

Spring Valley Real Estate

Homes for sale in Washington DC's Spring Valley Neighborhood

Guide to Spring Valley

Single Family Home in Washington DC's Spring Valley Neighborhood
Colonial Home in Washington DC's Spring Valley Neighborhood

Those looking for a DC zip code without the DC chaos will find their match in Spring Valley, which feels much more like a suburb than part of a bubbling metropolis. The neighborhood’s claim to fame comes from hosting up to three presidents, as well as many other noted politicians in its history. However, despite this highly political history there’s much more going on in Spring Valley, which in recent years has become well known for its proximity to American University and the many successful businesspersons and entrepreneurs who call the area home.

On the Edge of DC

Spring Valley is shaped like a half-circle and is bound by Massachusetts Avenue to the northeast, Dalecarlia Parkway to the west, and Loughboro Road and Nebraska Avenue to the south. Much of the neighborhood’s southeastern corner is taken up by American University’s main campus.

Driving May be Best Bet

Because of its suburban layout, owning a car is the easiest way of getting around the neighborhood. There is no metro stop in the neighborhood, the closest one being the Tenleytown-AU station on the Red Line, about a mile and a half away. However, there are many buses that run straight down Massachusetts Ave to downtown DC. For cyclists, the Capital City Crescent trail has nearby points.

Those looking to commute to work don’t need to be worried, Foggy Bottom & Dupont are only 15 – 20 minutes away, and this small increase in travel outside of the city means a big decrease in major traffic. Additionally, the GW parkway, 66 and 495 are easily reachable so Northern Virginia and Maryland are much more accessible to Spring Field than other locations in the District.

Large Houses with Matching Price Tags

The Spring Valley neighborhood is known for its colonial, brick-front houses that are similar in price to nearby neighborhoods. However, with its oak-lined streets, distinct styles and sprawling square footage, Spring Valley feels much less compact than similarly priced neighborhoods, such as Georgetown. The further south you head in Spring Valley the bigger the houses get, and most of the housing stock here is considered luxury real estate.

 

An Explosive History and Famous Residents

Prior to World War I, Spring Valley was used as a munitions testing site for chemical weapons such as mustard gas. However, as developers have moved in and The Environmental Protection Agency has done work to clean up soil and grounds in the area and at American University, housing value has remained unaffected and residents have not had to worry.

In addition to its military history, Spring Valley can boast of being the home of many notable figures, including Richard Nixon and Lyndon Johnson before they became president. Also among the political elites who inhabit the area is former Attorney General Eric Holder. The area also hosts many embassy residences such as the ambassadors’ houses of South Korea, Canada, Croatia, Mexico, Bahrain, Qatar, Uganda, Chile, Luxembourg, Algeria and Yemen.

 

Suburban Feel with a City Zip Code

Spring Valley is a very noncommercial neighborhood, which contributes to its suburban vibe. The Spring Valley Shopping Center, located on Massachusetts Ave, is the neighborhood’s main hub, containing a few banks, Crate and Barrel, Starbucks and an Exxon gas station. Most importantly, though, the strip mall is home to Washgal’s deli, which has served the neighborhood since 1925. Though a bit pricey, as everything is in this area, it is a favorite with local residents.

When it comes to dining out, residents have limited selections. Massachusetts Ave does have Le Pain Quotidien and a Tara Thai, but for other options residents gladly make the short trip to Cleveland Park, Georgetown or Glover for the many bars and restaurant options they have to offer. 

 

To Sum it all Up

With its quiet streets and easy-going pace, residents here will enjoy the break Spring Valley offers from the busy life of downtown DC. Its limited traffic and low crime rate make it an attractive option for people who can afford the hefty price tag that comes with living here.

Colonial Mansion in Spring Valley
Wagshal's Market in Spring Valley
Spring Valley Shopping Center
Colonial Home in Spring Valley
Spring Valley Neighborhood
Wesley Theological Seminary in Washington, DC.
American University: Washington College of Law

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 12/13/2018
Y/Y
Homes for Sale 12 +66.7%
Months Inventory 12.00 +92.4%
Contracts Pending 3 -133.3%
Solds: 90 Day 9 -44.4%
Average List Price/Sold Price 94.01% -1.7%
Active/Pending Ratio 4.00 +85.8%
Average Price Y/Y
Active $3,085,750 +48.5%
Pending $1,290,750 -65.9%
90 Day Sold $1,419,194 -12.4%
Median Price
Active $2,345,000 +33.0%
Pending $1,187,500 -38.9%
90 Day Sold $1,450,000 -10.3%
Days on Market
Active 97.58 +54.7%
Pending 61.00 -61.1%
90 Day Sold 67.89 +27.8%
Y/Y
Homes for Sale 11 +63.6%
Months Inventory 12.00 +91.7%
Contracts Pending 3 -133.3%
Solds: 90 Day 8 -50.0%
Average List Price/Sold Price 93.85% -1.6%
Active/Pending Ratio 3.67 +84.5%
Average Price Y/Y
Active $3,266,273 +51.4%
Pending $1,290,750 -65.9%
90 Day Sold $1,465,344 -11.5%
Median Price
Active $2,495,000 +37.1%
Pending $1,187,500 -38.9%
90 Day Sold $1,510,000 -7.6%
Days on Market
Active 106.18 +58.3%
Pending 61.00 -61.1%
90 Day Sold 64.50 +23.3%
Y/Y
Homes for Sale 1 N/A
Months Inventory 12.00 N/A
Contracts Pending 0 N/A
Solds: 90 Day 1 0.0%
Average List Price/Sold Price 95.89% -4.3%
Active/Pending Ratio 0.00 N/A
Average Price Y/Y
Active $1,100,000 N/A
Pending $0 N/A
90 Day Sold $1,050,000 -8.5%
Median Price
Active $1,100,000 N/A
Pending $0 N/A
90 Day Sold $1,050,000 -8.5%
Days on Market
Active 3.00 N/A
Pending 0.00 N/A
90 Day Sold 95.00 +54.7%
Y/Y
Homes for Sale 0 N/A
Months Inventory 0.00 N/A
Contracts Pending 0 N/A
Solds: 90 Day 0 N/A
Average List Price/Sold Price 0.00% N/A
Active/Pending Ratio 0.00 N/A
Average Price Y/Y
Active $0 N/A
Pending $0 N/A
90 Day Sold $0 N/A
Median Price
Active $0 N/A
Pending $0 N/A
90 Day Sold $0 N/A
Days on Market
Active 0.00 N/A
Pending 0.00 N/A
90 Day Sold 0.00 N/A

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Spring Valley homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Spring Valley divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Spring Valley listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Spring Valley versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Spring Valley

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Spring Valley homes that sold in the past 90 days.

Nearby Spring Valley

Palisades / Foxhall
45 Homes for Sale
Today's Median Price $1,605,000
Cathedral / Wesley Heights
55 Homes for Sale
Today's Median Price $504,500
Glover Park
16 Homes for Sale
Today's Median Price $474,000

Public Schools near Spring Valley

Mann Elementary School
45 Homes for Sale
Today's Median Price $1,040,000
Key Elementary School (DC)
42 Homes for Sale
Today's Median Price $1,545,000
Hardy Middle School
191 Homes for Sale
Today's Median Price $1,049,000