Rockville, MD—20851
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rockville, MD
As of Oct '25, the median home price in Rockville, MD is $533,000, with a year-over-year change of 1.8%. This indicates that home prices in Rockville, MD are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $533,000 | 1.8% |
| Single Family | $533,000 | 1.1% |
| Condos | N/A | N/A |
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 | $539,000 | 0.6% |
4 Bed | $556,000 | 0.7% |
| 5 Bed | $590,000 | -0.2% |
% of Housing Stock
Rental Trends — Rockville, MD
As of July '25, Rentcast reports the average rent in Rockville, MD is $2,930, with a year-over-year rent change of 19.1%. Per bedroom, the median rent as of July '25 in Rockville, MD is 1-bedrooms: $1,540, 2-bedrooms: $3,000, 3-bedrooms: $3,010, 4-bedrooms: $3,150. The most common rental property sizes in Rockville, MD are 2-bedroom and 3-bedroom, accounting for 40.7% and 20.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,050 | $2,930 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,640 | $1,540 |
| 2 Bed Rent | $3,000 | $3,000 |
| 3 Bed Rent | $2,900 | $3,010 |
| 4 Bed Rent | $3,150 | $3,150 |
% of Rental Stock
Property Listings — Rockville, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Rockville, MD is 40. This is a increase of 88.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $584,000 | 3.0% |
Listing Count | 25 | -8.0% |
| Listings as % of Homes | 0.1% | -8.0% |
Days on Market | 40 | 88.0% |
Demographics — Rockville, MD
As of the latest ACS Survey released in 2023, Rockville, MD has a population of 14,700, which has decreased by -3.0% over the past 5 years. Rockville, MD is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 41.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | -3.0% |
% Under 18 | 19.9% | -18.1% |
% Seniors | 12.0% | 16.5% |
% WFH | 23.6% | 926.1% |
% w/ College Degree | 41.4% | -5.9% |
As of the latest ACS Survey released in 2023, Rockville, MD is a predominantly hispanic area, with 42.2% of the population identifying as hispanic. The hispanic population has grown by 11.9% in the last 5 years. The second most common race or ethnicity in Rockville, MD is white, making up 28.0% of the population. Foreign-born residents account for 36.7% of the population in Rockville, MD, and this percentage has decreased by 8.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 28.0% | -15.7% |
% Black | 11.8% | 24.2% |
% Hispanic | 42.2% | 11.9% |
% Asian | 14.1% | -9.0% |
% Foreign Born | 36.7% | -8.5% |
Mortgage and Risk — Rockville, MD
According to HUD data as of 2023, there were 145 mortgage originations in Rockville, MD, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Rockville, MD. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 145 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Rockville, MD
As of 2024, the percent of homes in Rockville, MD under the Section 8 program is 3.2%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Rockville, MD, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $1,640 | $2,050 |
| 2 Bedroom | -$690 | $3,000 | $2,310 |
| 3 Bedroom | -$10 | $2,900 | $2,890 |
| 4 Bedroom | $260 | $3,150 | $3,410 |
Affordability — Rockville, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $533,000 |
| Median Household Income | $114,000 |