Sandy Spring, MD—20860
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sandy Spring, MD
As of Oct '25, the median home price in Sandy Spring, MD is $809,000, with a year-over-year change of 0.9%. This indicates that home prices in Sandy Spring, MD are flat. 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 | $809,000 | 0.9% |
| Single Family | $846,000 | 0.5% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sandy Spring, MD
As of July '25, Rentcast reports the average rent in Sandy Spring, MD is $5,000, with a year-over-year rent change of 104.1%. Detailed rent data by bedroom size is not available for Sandy Spring, MD. The most common rental property sizes in Sandy Spring, MD are 2-bedroom and 1-bedroom, accounting for 50.9% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sandy Spring, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Sandy Spring, MD is 47. This is a decrease of -72.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,060,000 | 43.0% |
Listing Count | 9 | 211.0% |
| Listings as % of Homes | 0.6% | 211.0% |
Days on Market | 47 | -72.0% |
Demographics — Sandy Spring, MD
As of the latest ACS Survey released in 2023, Sandy Spring, MD has a population of 2,060, which has decreased by -26.5% over the past 5 years. Sandy Spring, MD is a moderately popular place for families, as children make up 21.0% of the population. The area has a highly educated workforce, with 50.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,060 | -26.5% |
% Under 18 | 21.0% | -38.2% |
% Seniors | 31.8% | 63.1% |
% WFH | 31.7% | 260.2% |
% w/ College Degree | 50.8% | -6.3% |
As of the latest ACS Survey released in 2023, Sandy Spring, MD is a predominantly white area, with 47.4% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Sandy Spring, MD is black, making up 18.4% of the population. Foreign-born residents account for 20.4% of the population in Sandy Spring, MD, and this percentage has increased by 51.1% 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 | 47.4% | -0.8% |
% Black | 18.4% | -36.1% |
% Hispanic | 14.0% | 10.2% |
% Asian | 14.3% | 113.4% |
% Foreign Born | 20.4% | 51.1% |
Mortgage and Risk — Sandy Spring, MD
Sandy Spring, MD lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Sandy Spring, MD
Sandy Spring, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 25.5% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,210 |
| 2 Bedroom | N/A | N/A | $2,480 |
| 3 Bedroom | N/A | N/A | $3,110 |
| 4 Bedroom | N/A | N/A | $3,660 |
Affordability — Sandy Spring, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $809,000 |
| Median Household Income | N/A |