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Montgomery Village, MD—20886

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$383,000
0.6% YoY Growth
Household Income
$98,800
24.8% YoY Growth
Days on Market
48
8.0% Longer YoY
Home Price Forecast
-0.1%
Median Rent
$2,400
3.9% YoY Growth
1-Bed Rent
$1,700
12.7% YoY Growth
2-Bed Rent
$2,100
0.5% YoY Growth
3-Bed Rent
$2,650
3.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Montgomery Village, MD

As of Dec '25, the median home price in Montgomery Village, MD is $383,000, with a year-over-year change of 0.6%. This indicates that home prices in Montgomery Village, MD are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$383,0000.6%
Single Family $413,000-0.2%
Condos $223,0000.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $179,000
    -2.2%
    2 Bed
    		$263,0000.0%
    3 Bed
    		$389,0000.3%
    4 Bed
    		$511,000-0.8%
    5 Bed $669,297-1.2%
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    % of Housing Stock

    Studio
    1.9%
    1 Bedroom
    9.4%
    2 Bedrooms
    21.2%
    3 Bedrooms
    41.7%
    4 Bedrooms
    19.3%
    5+ Bedrooms
    6.5%

    Rental Trends — Montgomery Village, MD

    As of July '25, Rentcast reports the average rent in Montgomery Village, MD is $2,410, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Montgomery Village, MD is studios: $1,400, 1-bedrooms: $1,510, 2-bedrooms: $2,130, 3-bedrooms: $2,720, 4-bedrooms: $2,990. The most common rental property sizes in Montgomery Village, MD are 2-bedroom and 3-bedroom, accounting for 41.3% and 23.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,400$2,410
    Studio Rent $1,400$1,400
    1 Bed Rent $1,700$1,510
    2 Bed Rent $2,100$2,130
    3 Bed Rent $2,650$2,720
    4 Bed Rent $2,900$2,990
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    % of Rental Stock

    Studio
    3.4%
    1 Bedroom
    22.3%
    2 Bedrooms
    41.3%
    3 Bedrooms
    23.5%
    4 Bedrooms
    7.9%
    5+ Bedrooms
    1.6%

    Property Listings — Montgomery Village, MD

    As of Dec '25, Realtor.com reports that the median days on market for a home in Montgomery Village, MD is 33. This is a increase of 14.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$399,00016.0%
    Listing Count
    		10022.0%
    Listings as % of Homes0.9%22.0%
    Days on Market
    		488.0%
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    Demographics — Montgomery Village, MD

    As of the latest ACS Survey released in 2023, Montgomery Village, MD has a population of 34,400, which has remained stable by 0.9% over the past 5 years. Montgomery Village, MD is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 43.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		34,4000.9%
    % Under 18
    		23.6%-4.1%
    % Seniors
    		13.6%27.1%
    % WFH
    		17.6%282.6%
    % w/ College Degree
    		43.4%0.9%
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    As of the latest ACS Survey released in 2023, Montgomery Village, MD is a predominantly hispanic area, with 34.7% of the population identifying as hispanic. The hispanic population has grown by 5.2% in the last 5 years. The second most common race or ethnicity in Montgomery Village, MD is black, making up 23.8% of the population. Foreign-born residents account for 35.5% of the population in Montgomery Village, MD, and this percentage has decreased by 5.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		23.0%-23.3%
    % Black
    		23.8%9.2%
    % Hispanic
    		34.7%5.2%
    % Asian
    		13.7%16.1%
    % Foreign Born
    		35.5%-5.3%
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    Mortgage and Risk — Montgomery Village, MD

    According to HUD data as of 2023, there were 603 mortgage originations in Montgomery Village, MD, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Montgomery Village, MD. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		603
    % Conventional Loans
    		75.0%
    % Government Loans
    		25.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Montgomery Village, MD

    As of 2024, the percent of homes in Montgomery Village, MD under the Section 8 program is 6.7%. 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 Montgomery Village, 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
    		273
    Total Units Section 8
    		266
    % Rentals under Section 8
    		6.7%
    % Occupied Section 8
    		96.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$210$1,700$1,910
    2 Bedroom$50$2,100$2,150
    3 Bedroom$40$2,650$2,690
    4 Bedroom$270$2,900$3,170

    Affordability — Montgomery Village, MD

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$383,000
    Median Household Income$98,800

    Montgomery Village, MD — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    20879

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    Frequently Asked Questions