Jared Powell buys 1524 Independence Ave. P-8 S.E., Washington

The home at 1524 Independence Ave. P-8 S.E., Washington, District of Columbia, was sold on July 1 by Independence Avenue Investment LLC for $15,000.

Jared Powell was listed as the buyer.

Property taxes on the home totaled $137 in 2024, or 0.9% of the sale price.

This property is one of 292 sales in Washington, District of Columbia, between June 1 and July 1.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.