Germantown, MD—20876
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 $479,000, with a year-over-year change of 0.4%. 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 | $479,000 | 0.4% |
| Single Family | $537,000 | 0.0% |
| Condos | $320,000 | -0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $324,000 | 0.0% |
3 Bed | $420,000 | 0.2% |
4 Bed | $663,000 | -0.2% |
| 5 Bed | $767,000 | -0.8% |
% of Housing Stock
Rental Trends — Germantown, MD
As of July '25, Rentcast reports the average rent in Germantown, MD is $2,420, with a year-over-year rent change of 9.0%. Per bedroom, the median rent as of July '25 in Germantown, MD is studios: $1,530, 1-bedrooms: $1,570, 2-bedrooms: $2,140, 3-bedrooms: $2,490, 4-bedrooms: $3,250. The most common rental property sizes in Germantown, MD are 2-bedroom and 3-bedroom, accounting for 47.2% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,330 | $2,420 |
| Studio Rent | $1,530 | $1,530 |
| 1 Bed Rent | $1,600 | $1,570 |
| 2 Bed Rent | $2,200 | $2,140 |
| 3 Bed Rent | $2,350 | $2,490 |
| 4 Bed Rent | $3,200 | $3,250 |
% 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 36. This is a increase of 32.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $368,000 | -19.0% |
Listing Count | 52 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 36 | 32.0% |
Demographics — Germantown, MD
As of the latest ACS Survey released in 2023, Germantown, MD has a population of 26,500, which has decreased by -8.3% over the past 5 years. Germantown, MD is a moderately popular place for families, as children make up 24.4% of the population. The area has a highly educated workforce, with 51.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,500 | -8.3% |
% Under 18 | 24.4% | -4.3% |
% Seniors | 12.0% | 42.9% |
% WFH | 20.6% | 390.5% |
% w/ College Degree | 51.6% | 4.2% |
As of the latest ACS Survey released in 2023, Germantown, MD is a predominantly black area, with 28.4% of the population identifying as black. The black population has grown by 24.6% in the last 5 years. The second most common race or ethnicity in Germantown, MD is white, making up 23.2% of the population. Foreign-born residents account for 35.9% of the population in Germantown, MD, and this percentage has increased by 0.8% 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 | 23.2% | -20.3% |
% Black | 28.4% | 24.6% |
% Hispanic | 22.4% | -1.3% |
% Asian | 21.1% | -8.3% |
% Foreign Born | 35.9% | 0.8% |
Mortgage and Risk — Germantown, MD
According to HUD data as of 2023, there were 94 mortgage originations in Germantown, MD, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Germantown, MD. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Germantown, MD
As of 2024, the percent of homes in Germantown, MD under the Section 8 program is 12.4%. 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 | 361 |
Total Units Section 8 | 351 |
% Rentals under Section 8 | 12.4% |
% Occupied Section 8 | 93.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $590 | $1,600 | $2,190 |
| 2 Bedroom | $270 | $2,200 | $2,470 |
| 3 Bedroom | $740 | $2,350 | $3,090 |
| 4 Bedroom | $440 | $3,200 | $3,640 |
Affordability — Germantown, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $479,000 |
| Median Household Income | $113,000 |