Washington Grove—20880
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washington Grove
As of Oct '25, the median home price in Washington Grove is $621,000, with a year-over-year change of -1.7%. This indicates that home prices in Washington Grove are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $621,000 | -1.7% |
| Single Family | $621,000 | -2.2% |
| 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 — Washington Grove
Washington Grove lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 — Washington Grove
As of Oct '25, Realtor.com reports that the median days on market for a home in Washington Grove is 20. This is a decrease of -60.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $774,000 | 19.0% |
Listing Count | 5 | 333.0% |
| Listings as % of Homes | 0.7% | 333.0% |
Days on Market | 20 | -60.0% |
Demographics — Washington Grove
As of the latest ACS Survey released in 2023, Washington Grove has a population of 590, which has increased by 29.7% over the past 5 years. Washington Grove is a less popular place for families, as children make up 10.3% of the population. The area has a highly educated workforce, with 70.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 590 | 29.7% |
% Under 18 | 10.3% | -44.9% |
% Seniors | 32.0% | 24.5% |
% WFH | 23.7% | 29.5% |
% w/ College Degree | 70.1% | -9.3% |
As of the latest ACS Survey released in 2023, Washington Grove is a predominantly white area, with 79.2% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Washington Grove is black, making up 11.9% of the population. Foreign-born residents account for 8.8% of the population in Washington Grove, and this percentage has decreased by 14.6% 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 | 79.2% | -4.5% |
% Black | 11.9% | 13.3% |
% Hispanic | 0.7% | -53.3% |
% Asian | 2.7% | -18.2% |
% Foreign Born | 8.8% | -14.6% |
Mortgage and Risk — Washington Grove
Washington Grove 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 — Washington Grove
Washington Grove lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,080 |
| 2 Bedroom | N/A | N/A | $2,340 |
| 3 Bedroom | N/A | N/A | $2,930 |
| 4 Bedroom | N/A | N/A | $3,450 |
Affordability — Washington Grove
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $621,000 |
| Median Household Income | $160,000 |