Germantown, MD—20874
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 $415,000, with a year-over-year change of -0.8%. This indicates that home prices in Germantown, 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 | $415,000 | -0.8% |
| Single Family | $458,000 | -1.5% |
| Condos | $291,000 | -3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $227,000 | -0.9% |
2 Bed | $298,000 | -2.3% |
3 Bed | $432,000 | -1.4% |
4 Bed | $614,000 | -1.3% |
| 5 Bed | $894,000 | -1.7% |
% of Housing Stock
Rental Trends — Germantown, MD
As of July '25, Rentcast reports the average rent in Germantown, MD is $2,400, with a year-over-year rent change of 11.1%. Per bedroom, the median rent as of July '25 in Germantown, MD is studios: $1,770, 1-bedrooms: $1,610, 2-bedrooms: $2,070, 3-bedrooms: $2,700, 4-bedrooms: $3,060. The most common rental property sizes in Germantown, MD are 2-bedroom and 3-bedroom, accounting for 48.6% and 20.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,400 |
| Studio Rent | $1,650 | $1,770 |
| 1 Bed Rent | $1,650 | $1,610 |
| 2 Bed Rent | $2,080 | $2,070 |
| 3 Bed Rent | $2,700 | $2,700 |
| 4 Bed Rent | $3,000 | $3,060 |
% 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 30. This is a increase of 27.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $430,000 | 4.0% |
Listing Count | 165 | 32.0% |
| Listings as % of Homes | 0.3% | 32.0% |
Days on Market | 30 | 27.0% |
Demographics — Germantown, MD
As of the latest ACS Survey released in 2023, Germantown, MD has a population of 62,200, which has increased by 1.9% over the past 5 years. Germantown, MD is a moderately popular place for families, as children make up 23.0% of the population. The area has a highly educated workforce, with 48.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 62,200 | 1.9% |
% Under 18 | 23.0% | -13.2% |
% Seniors | 11.4% | 44.3% |
% WFH | 18.2% | 295.7% |
% w/ College Degree | 48.7% | 1.0% |
As of the latest ACS Survey released in 2023, Germantown, MD is a predominantly white area, with 26.7% of the population identifying as white. The white population has shrunk by 25.2% in the last 5 years. The second most common race or ethnicity in Germantown, MD is black, making up 25.4% of the population. Foreign-born residents account for 38.3% of the population in Germantown, MD, and this percentage has increased by 20.8% 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 | 26.7% | -25.2% |
% Black | 25.4% | 7.2% |
% Hispanic | 24.7% | 0.0% |
% Asian | 18.4% | 37.3% |
% Foreign Born | 38.3% | 20.8% |
Mortgage and Risk — Germantown, MD
According to HUD data as of 2023, there were 777 mortgage originations in Germantown, MD, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Germantown, MD. Investor activity is low, as 3.0% 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 | 777 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Germantown, MD
As of 2024, the percent of homes in Germantown, MD under the Section 8 program is 12.9%. 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 | 992 |
Total Units Section 8 | 982 |
% Rentals under Section 8 | 12.9% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,650 | $1,990 |
| 2 Bedroom | $160 | $2,080 | $2,240 |
| 3 Bedroom | $100 | $2,700 | $2,800 |
| 4 Bedroom | $300 | $3,000 | $3,300 |
Affordability — Germantown, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $415,000 |
| Median Household Income | $110,000 |