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Garrett Park—20896

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,031,000
0.4% YoY Growth
Household Income
$250,000
34.0% YoY Growth
Days on Market
35
61.0% Shorter YoY
Home Price Forecast
0.2%
Median Rent
$3,600
6.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$3,600
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Garrett Park

As of Dec '25, the median home price in Garrett Park is $1,031,000, with a year-over-year change of 0.4%. This indicates that home prices in Garrett Park are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,031,0000.4%
Single Family $1,031,000-0.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    0.6%
    2 Bedrooms
    8.5%
    3 Bedrooms
    26.9%
    4 Bedrooms
    40.5%
    5+ Bedrooms
    23.6%

    Rental Trends — Garrett Park

    As of July '25, Rentcast reports the average rent in Garrett Park is $3,620, with a year-over-year rent change of -6.0%. Per bedroom, the median rent as of July '25 in Garrett Park is 3-bedrooms: $3,600, 4-bedrooms: $3,650. The most common rental property sizes in Garrett Park are 3-bedroom and 2-bedroom, accounting for 37.5% and 18.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,600$3,620
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $3,600$3,600
    4 Bed Rent $3,650$3,650
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    % of Rental Stock

    1 Bedroom
    12.5%
    2 Bedrooms
    18.8%
    3 Bedrooms
    37.5%
    4 Bedrooms
    12.5%
    5+ Bedrooms
    18.8%

    Property Listings — Garrett Park

    As of Dec '25, Realtor.com reports that the median days on market for a home in Garrett Park is 45. This is a decrease of -36.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,060,000-4.0%
    Listing Count
    		3-46.0%
    Listings as % of Homes0.3%-46.0%
    Days on Market
    		35-61.0%
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    Demographics — Garrett Park

    As of the latest ACS Survey released in 2023, Garrett Park has a population of 890, which has decreased by -4.2% over the past 5 years. Garrett Park is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 88.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 53.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		890-4.2%
    % Under 18
    		19.7%-25.1%
    % Seniors
    		26.0%9.2%
    % WFH
    		53.5%183.1%
    % w/ College Degree
    		88.4%6.5%
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    As of the latest ACS Survey released in 2023, Garrett Park is a predominantly white area, with 82.5% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Garrett Park is asian, making up 7.5% of the population. Foreign-born residents account for 9.9% of the population in Garrett Park, and this percentage has increased by 2.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		82.5%-1.7%
    % Black
    		0.4%-86.2%
    % Hispanic
    		5.7%-50.4%
    % Asian
    		7.5%400.0%
    % Foreign Born
    		9.9%2.1%
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    Mortgage and Risk — Garrett Park

    Garrett Park lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    Rentals and Section 8 — Garrett Park

    Garrett Park 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$2,340
    2 BedroomN/AN/A$2,640
    3 Bedroom-$300$3,600$3,300
    4 Bedroom$250$3,650$3,900

    Affordability — Garrett Park

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$1,031,000
    Median Household Income$250,000

    Garrett Park — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Kensington, MD

    20895

    Bethesda, MD

    20814

    Glenbrook

    20889

    Rockville, MD

    20852

    Rockville, MD

    20851

    Frequently Asked Questions