The median sale price of a home in Montgomery County was $590K last month, up 10.2% since last year. The median sale price per square foot in Montgomery County is $307, up 5.1% since last year.
What is the housing market like in Montgomery County today?
In March 2024, Montgomery County home prices were up 10.2% compared to last year, selling for a median price of $590K. On average, homes in Montgomery County sell after 21 days on the market compared to 25 days last year. There were 747 homes sold in March this year, down from 775 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$589,500
+10.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Montgomery County, MD
$589,500
+10.2%
United States
To compare other locations to the Montgomery County and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Maryland add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Montgomery County housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.9%
+0.6 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Montgomery County, MD
101.9%
+0.6 pt
United States
Home offer insights for Montgomery County
Explore recent offers and recently sold homes in Montgomery County
Recent offers
Winning Offer|
4 Weeks Ago
~$1M Offer
4bd | 4ba | ~2,750sqft
Over List Price
2%
Days on Market
6
Competing Offers
0
Down Payment
—
Antonia Ketabchi
Montgomery County Redfin Agent
Offer Not Accepted|
3 Weeks Ago
~$850K Offer
Sold for $900K
5bd | 2.5ba | ~2,250sqft
Over List Price
0%
Days on Market
5
Competing Offers
4
Down Payment
~20%
Lisa Greaves
Montgomery County Redfin Agent
Our offer escalated to 3% over list price with full contingencies and a rent-back equal to the buyer's carrying costs. The winning offer had no contingencies and a free rent back.…
More
Offer Not Accepted|
3 Weeks Ago
~$475K Offer
Sold for $500K
4bd | 3.5ba | ~2,000sqft
Over List Price
1%
Days on Market
3
Competing Offers
4
Down Payment
<10%
Kiki Tesfaye
Montgomery County Redfin Agent
Offer Not Accepted|
3 Weeks Ago
~$550K Offer
Sold for $650K
4bd | 2.5ba | ~2,750sqft
Over List Price
5%
Days on Market
8
Competing Offers
20
Down Payment
<10%
Agne Salgado
Montgomery County Redfin Agent
Offer Not Accepted|
2 Weeks Ago
~$175K Offer
Sold for $250K
2bd | 2ba | ~1,250sqft
Under List Price
10%
Days on Market
4
Competing Offers
10
Offer
All Cash
Jamie Smart
Montgomery County Redfin Agent
Condo was priced below the market price for the area and received 10 offers most very well above the asking price. …
More
View houses in Montgomery County that sold recently
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Bannockburn Elementary School
Public • PreK-5
440
Students
13 reviews
10/10
Potomac Elementary School
Public • PreK-5
362
Students
6 reviews
10/10
Bradley Hills Elementary School
Public • PreK-5
590
Students
14 reviews
10/10
Lafayette Elementary School
Public • PreK-5
887
Students
40 reviews
10/10
Carderock Springs Elementary School
Public • K-5
361
Students
12 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Montgomery County housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Montgomery County.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Montgomery County has a moderate risk of flooding. 19,793 properties in Montgomery County are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Montgomery County. Flood risk is increasing slower than the national average.
39% of properties are at risk of wildfire over the next 30 years
Fire Factor
Montgomery County has a moderate risk of wildfire. There are 110,258 properties in Montgomery County that have some risk of being affected by wildfire over the next 30 years. This represents 39% of all properties in Montgomery County.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Montgomery County has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Montgomery County is most at risk from hurricanes. 277,626 properties in Montgomery County have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 67 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.
84% of properties are at major
risk of heat over the next 30 years
Heat Factor
Montgomery County has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 84% of homes in Montgomery County have a Major Heat Factor®.
Montgomery County is expected to see a 114% increase in the number of days over 103ºF over the next 30 years. Montgomery County is expected to experience 7