Montgomery County, MD Housing Market Trends

Market Overview for Q3 2026

$650K 4% Y-o-Y $25K Y-o-Y
$370 3.1% Y-o-Y $11 Y-o-Y
1,415 -53% Y-o-Y -1,597 Y-o-Y
Montgomery County, MD Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $503,000 $595,000 $559,000 $545,000
2023 $529,000 $605,000 $585,000 $560,000
2024 $535,000 $640,000 $627,000 $602,000
2025 $595,000 $640,000 $625,000 $620,000
2026 $635,000 $679,000 $650,000
Montgomery County, MD Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $309 $334 $318 $321
2023 $318 $342 $335 $334
2024 $333 $364 $360 $354
2025 $353 $373 $359 $361
2026 $365 $380 $370
Real Estate Transactions in Montgomery County, MD
Year Q1 Q2 Q3 Q4
2022 3,633 4,548 3,395 2,807
2023 2,129 3,063 2,714 2,137
2024 1,972 3,023 2,832 2,767
2025 2,110 3,005 3,012 2,845
2026 2,295 3,254 1,415
Montgomery County, MD Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $503,000 $595,000 $559,000 $545,000
2023 $529,000 $605,000 $585,000 $560,000
2024 $535,000 $640,000 $627,000 $602,000
2025 $595,000 $640,000 $625,000 $620,000
2026 $635,000 $679,000 $650,000
Montgomery County, MD Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $309 $334 $318 $321
2023 $318 $342 $335 $334
2024 $333 $364 $360 $354
2025 $353 $373 $359 $361
2026 $365 $380 $370
Real Estate Transactions in Montgomery County, MD
Year Q1 Q2 Q3 Q4
2022 3,633 4,548 3,395 2,807
2023 2,129 3,063 2,714 2,137
2024 1,972 3,023 2,832 2,767
2025 2,110 3,005 3,012 2,845
2026 2,295 3,254 1,415

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$320K
3.2%
$264
-1.1%
285
Other Residential
$740K
2.8%
$397
3.1%
1,130

Montgomery County, MD Housing Stock

Property Type
Units
Condo
64,559
Other
260,035

Montgomery County: Demographics

Total population
1,065,949
Median age
40.2
No high school education
4.7%
Some high school/college
19.6%
Bachelor's degree
26.8%
Average household income
$181,376
Occupied housing units
389,210
Owner-occupied units
65.3%
Renter-occupied units
34.7%
Median year structure built
1980

Discover City-Level Housing Market Prices and Trends in Montgomery County, MD

#
City
Median Sale Price
1
Chevy Chase
$1.6M
2
Bethesda
$1.4M
3
Potomac
$1.2M
4
Kensington
$830K
5
Takoma Park
$753K
6
Derwood
$713K
7
Gaithersburg
$675K
8
Olney
$650K
9
Clarksburg
$631K
10
Rockville
$630K
11
Silver Spring
$560K
12
Damascus
$545K
13
Germantown
$458K