**Elevated mortgage rates near 7.1–7.4% for 30-year fixed loans continue to constrain buyer affordability and transaction volume in the DC metro, supporting stable median home values near recent levels.** August 2026 median listing prices in the District stood at $524,000 per FRED/Realtor.com data, aligning closely with the dominant $524K–$530K bin that commands 87.6% implied probability just two days before resolution. Broader metro reports show modest cooling, with rising inventory, slower pending sales, and year-over-year price changes ranging from flat to low single-digit gains amid selective buyer demand. These conditions have kept values from shifting meaningfully into adjacent bins, as persistent rate pressure and balanced supply outweigh any seasonal or local economic offsets heading into month-end.