Fort Washington, MD—20744
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Washington, MD
As of Oct '25, the median home price in Fort Washington, MD is $446,000, with a year-over-year change of 0.8%. This indicates that home prices in Fort Washington, MD are flat. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $446,000 | 0.8% |
| Single Family | $453,000 | 0.7% |
| Condos | $258,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $268,000 | -0.7% |
3 Bed | $394,000 | 1.8% |
4 Bed | $486,000 | 1.0% |
| 5 Bed | $546,000 | 1.1% |
% of Housing Stock
Rental Trends — Fort Washington, MD
As of July '25, Rentcast reports the average rent in Fort Washington, MD is $2,800, with a year-over-year rent change of 39.3%. Per bedroom, the median rent as of July '25 in Fort Washington, MD is studios: $1,060, 1-bedrooms: $1,300, 2-bedrooms: $2,000, 3-bedrooms: $2,580, 4-bedrooms: $3,700. The most common rental property sizes in Fort Washington, MD are 2-bedroom and 1-bedroom, accounting for 29.6% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,800 |
| Studio Rent | $900 | $1,060 |
| 1 Bed Rent | $1,380 | $1,300 |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | $2,450 | $2,580 |
| 4 Bed Rent | $3,450 | $3,700 |
% of Rental Stock
Property Listings — Fort Washington, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Washington, MD is 46. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | 1.0% |
Listing Count | 193 | 46.0% |
| Listings as % of Homes | 0.7% | 46.0% |
Days on Market | 46 | 22.0% |
Demographics — Fort Washington, MD
As of the latest ACS Survey released in 2023, Fort Washington, MD has a population of 56,200, which has increased by 3.3% over the past 5 years. Fort Washington, MD is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,200 | 3.3% |
% Under 18 | 20.2% | 9.8% |
% Seniors | 20.2% | 9.2% |
% WFH | 19.7% | 447.2% |
% w/ College Degree | 35.6% | 2.6% |
As of the latest ACS Survey released in 2023, Fort Washington, MD is a predominantly black area, with 62.8% of the population identifying as black. The black population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Fort Washington, MD is hispanic, making up 21.1% of the population. Foreign-born residents account for 19.9% of the population in Fort Washington, MD, and this percentage has increased by 17.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 7.4% | 0.0% |
% Black | 62.8% | -12.0% |
% Hispanic | 21.1% | 61.1% |
% Asian | 4.5% | -26.2% |
% Foreign Born | 19.9% | 17.8% |
Mortgage and Risk — Fort Washington, MD
According to HUD data as of 2023, there were 814 mortgage originations in Fort Washington, MD, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Fort Washington, MD. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 814 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Fort Washington, MD
As of 2024, the percent of homes in Fort Washington, MD under the Section 8 program is 8.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Fort Washington, MD, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 319 |
Total Units Section 8 | 272 |
% Rentals under Section 8 | 8.1% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $1,380 | $1,870 |
| 2 Bedroom | $100 | $2,000 | $2,100 |
| 3 Bedroom | $180 | $2,450 | $2,630 |
| 4 Bedroom | -$350 | $3,450 | $3,100 |
Affordability — Fort Washington, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $446,000 |
| Median Household Income | $125,000 |