Rockville, MD—20853
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 $624,000, with a year-over-year change of 1.1%. This indicates that home prices in Rockville, MD are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $624,000 | 1.1% |
| Single Family | $635,000 | 0.6% |
| Condos | $241,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $249,000 | -0.8% |
3 Bed | $545,000 | 0.4% |
4 Bed | $682,000 | -0.3% |
| 5 Bed | $746,000 | -0.3% |
% of Housing Stock
Rental Trends — Rockville, MD
As of July '25, Rentcast reports the average rent in Rockville, MD is $2,990, with a year-over-year rent change of -5.7%. Per bedroom, the median rent as of July '25 in Rockville, MD is 1-bedrooms: $1,480, 2-bedrooms: $1,980, 3-bedrooms: $3,280, 4-bedrooms: $3,530. The most common rental property sizes in Rockville, MD are 2-bedroom and 3-bedroom, accounting for 24.8% and 21.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $2,990 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,480 |
| 2 Bed Rent | $2,150 | $1,980 |
| 3 Bed Rent | $3,200 | $3,280 |
| 4 Bed Rent | $3,450 | $3,530 |
% 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 25. This is a increase of 10.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $625,000 | -6.0% |
Listing Count | 61 | 39.0% |
| Listings as % of Homes | 0.3% | 39.0% |
Days on Market | 25 | 10.0% |
Demographics — Rockville, MD
As of the latest ACS Survey released in 2023, Rockville, MD has a population of 31,400, which has remained stable by 0.8% over the past 5 years. Rockville, MD is a moderately popular place for families, as children make up 23.5% of the population. The area has a highly educated workforce, with 51.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,400 | 0.8% |
% Under 18 | 23.5% | 8.3% |
% Seniors | 18.3% | 16.6% |
% WFH | 25.1% | 402.0% |
% w/ College Degree | 51.4% | -0.4% |
As of the latest ACS Survey released in 2023, Rockville, MD is a predominantly white area, with 45.9% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Rockville, MD is hispanic, making up 28.9% of the population. Foreign-born residents account for 34.4% of the population in Rockville, MD, and this percentage has increased by 4.2% 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 | 45.9% | -6.7% |
% Black | 9.4% | -23.0% |
% Hispanic | 28.9% | 17.0% |
% Asian | 11.8% | 9.3% |
% Foreign Born | 34.4% | 4.2% |
Mortgage and Risk — Rockville, MD
According to HUD data as of 2023, there were 442 mortgage originations in Rockville, MD, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Rockville, MD. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 442 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Rockville, MD
As of 2024, the percent of homes in Rockville, MD under the Section 8 program is 38.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-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 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 577 |
Total Units Section 8 | 577 |
% Rentals under Section 8 | 38.3% |
% Occupied Section 8 | 95.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $520 | $1,600 | $2,120 |
| 2 Bedroom | $240 | $2,150 | $2,390 |
| 3 Bedroom | -$210 | $3,200 | $2,990 |
| 4 Bedroom | $80 | $3,450 | $3,530 |
Affordability — Rockville, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $624,000 |
| Median Household Income | $157,000 |