Why Live in Palisades
Palisades, an upscale neighborhood in Washington, D.C., is situated about 5 miles from Downtown and offers a unique blend of suburban and urban living. Established in the 1890s as a streetcar suburb, it features custom homes, including colonial, Craftsman, Cape Cod, and contemporary styles. The area is known for its mature trees and spacious homes with riverfront views. Residents enjoy outdoor activities like fishing and kayaking at Fletcher's Cove and biking along the Chesapeake & Ohio Canal Trail. The Palisades Recreation Center provides a playground, splash pad, and fitness facilities. MacArthur Boulevard serves as the neighborhood's main street, hosting independent restaurants such as Bistro Aracosia, Et Voila!, and Sweet Agave Bar & Grill, along with essential services like CVS and Mimi's Convenience. The Palisades Community Association fosters a small-town atmosphere with events like a Fourth of July parade and a year-round Farmers Market. Educational options include highly rated Hardy Middle School and Key Elementary School, with the new MacArthur High School nearby. For grocery shopping, residents head to Whole Foods, about 2 miles away. Public transit options include WMATA bus stations and the Tenleytown-AU Metro station, approximately 3 miles away. Palisades is safer than the national average, making it a desirable location for families and professionals alike.
Home Trends in Palisades, DC
On average, homes in Palisades, Washington sell after 46 days on the market compared to the national average of 51 days. The median sale price for homes in Palisades, Washington over the last 12 months is $1,350,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$1,350,000
Median Single Family Sale Price
$1,997,500
Median Townhouse Sale Price
$1,390,000
Median 2 Bedroom Sale Price
$750,000
Median 1 Bedroom Sale Price
$271,000
Average Price Per Sq Ft
$563
Number of Homes for Sale
21
Last 12 months Home Sales
53
Median List Price
$1,381,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%