Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$606,938−0.4% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$131,572About 0.9× the local median income ($138,870): affordable for a typical household
Days on market38 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.6%Zillow expects prices to rise slightly
The typical home in Montgomery County, MD is worth $606,938, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $673,942, so the area is 9.9% undervalued. It is a buyer's market: homes take about 38 days to sell, listings are up 24% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 0.6% over the next year. A household needs about $131,572 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $138,870. Typical rent is $2,283 a month, or $3,046 for a house. In the latest IRS figures, 9,388 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$606,938
Change in 1 year
−0.4%
Overvalued %
−9.9%
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Fair home value
$673,942
Change in 5 years
+10.1%
Zillow forecast, next 12 months
+0.6%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$3,289
Income needed to afford it
$131,572
Property tax rate
0.86%
Rent and investing
Typical rent
$2,283
Typical rent for houses
$3,046
Price-to-rent ratio
22.2×
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HUD Fair Market Rent, 2 bedrooms
$2,438
Gross rental yield
4.51%
Cap rate (estimate)
2.93%
Market activity
Listings vs a year ago
+24.3%
Days on market
38
Listings with a price cut
21.5%
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Homes for sale
2,412
Pending sales per 100 listings
34
Asking price per sq ft
$299
People and jobs
Median household income
$138,870
Population change (1 year)
+0.1%
Unemployment rate
4.9%
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Population
1,074,582
Income adjusted for cost of living
$127,521
Net moves in (IRS)
−9,388
Cost of living (US = 100)
108.9
Schools, risk and environment
School rating (1 to 10)
7.4
FEMA hazard risk score (0 to 100)
91.7
Unhealthy air days a year
0
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Flood risk score
93.7
Wildfire risk score
25.1
Walkability (1 to 20)
12.6
Road, rail and air noise
54 dB
Questions people ask
Is Montgomery County, MD overvalued?
Home prices in Montgomery County, MD are slightly below what local incomes have historically supported: fair value is about $673,942, so the area is 9.9% undervalued.
Is Montgomery County, MD a buyer's or seller's market?
Montgomery County, MD is a buyer's market: homes take about 38 days to sell, listings are up 24% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Montgomery County, MD?
Home values in Montgomery County, MD are down 0.4% over the last year. Zillow's forecast for the next 12 months is +0.6%.
How much do you need to earn to buy a home in Montgomery County, MD?
A household needs about $131,572 a year to afford the typical home in Montgomery County, MD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $138,870.