Neighborhoods in the DMV
- What is the DMV?
- The DMV stands for Washington D.C., Northern Virgnia, and both Mongomery and Prince George's County Maryland. These areas share both a metro system and a local community. It is commonplace for people to work in one state and live in another. Where are the most expensive areas?
- NW D.C., Montgomery County, and Northern Virginia are some of the most expensive neighborhoods in the entire country. What areas are most affordable?
- Prince George's county, MD, and eastern D.C. are currently the most affordable areas of the DMV.
Price Breakdown
The DMV can be broken down into three different states, here is their average home values:
| State | Population | Growth Rate | Average Home Price |
|---|---|---|---|
| Maryland | 6 Million | 7% | $395k |
| Washington D.C. | 700k | 14% | $675k |
| Virginia | 8.5 Million | 8% | $362k |