Germantown, MD—20841
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Germantown, MD
As of Oct '25, the median home price in Germantown, MD is $828,000, with a year-over-year change of -1.0%. This indicates that home prices in Germantown, MD are flat. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $828,000 | -1.0% |
| Single Family | $839,000 | -1.4% |
| Condos | $254,000 | -6.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $571,000 | -0.5% |
4 Bed | $867,000 | -2.4% |
| 5 Bed | $938,000 | -2.4% |
% of Housing Stock
Rental Trends — Germantown, MD
As of July '25, Rentcast reports the average rent in Germantown, MD is $3,080, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Germantown, MD is 1-bedrooms: $1,500, 2-bedrooms: $2,250, 3-bedrooms: $3,040, 4-bedrooms: $3,910. The most common rental property sizes in Germantown, MD are 3-bedroom and 4-bedroom, accounting for 44.8% and 41.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $999 | $1,500 |
| 2 Bed Rent | $2,000 | $2,250 |
| 3 Bed Rent | $3,100 | $3,040 |
| 4 Bed Rent | $3,900 | $3,910 |
% of Rental Stock
Property Listings — Germantown, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Germantown, MD is 40. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $741,000 | 3.0% |
Listing Count | 71 | -23.0% |
| Listings as % of Homes | 0.3% | -23.0% |
Days on Market | 40 | -9.0% |
Demographics — Germantown, MD
As of the latest ACS Survey released in 2023, Germantown, MD has a population of 9,710, which has decreased by -7.4% over the past 5 years. Germantown, MD is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 61.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,710 | -7.4% |
% Under 18 | 19.7% | -26.8% |
% Seniors | 18.1% | 41.4% |
% WFH | 35.9% | 405.6% |
% w/ College Degree | 61.1% | -8.0% |
As of the latest ACS Survey released in 2023, Germantown, MD is a predominantly asian area, with 46.9% of the population identifying as asian. The asian population has grown by 15.2% in the last 5 years. The second most common race or ethnicity in Germantown, MD is white, making up 30.7% of the population. Foreign-born residents account for 39.4% of the population in Germantown, MD, and this percentage has increased by 7.1% 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 | 30.7% | -10.0% |
% Black | 10.7% | -36.7% |
% Hispanic | 9.3% | 60.3% |
% Asian | 46.9% | 15.2% |
% Foreign Born | 39.4% | 7.1% |
Mortgage and Risk — Germantown, MD
According to HUD data as of 2023, there were 54 mortgage originations in Germantown, MD, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Germantown, MD. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Germantown, MD
As of 2024, the percent of homes in Germantown, MD under the Section 8 program is 11.6%. 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. In Germantown, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 11.6% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,891 | $999 | $2,890 |
| 2 Bedroom | $1,250 | $2,000 | $3,250 |
| 3 Bedroom | $960 | $3,100 | $4,060 |
| 4 Bedroom | $890 | $3,900 | $4,790 |
Affordability — Germantown, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $828,000 |
| Median Household Income | $184,000 |