Montgomery County, MD Real Estate & Property Data

Montgomery County Real Estate Market Trends
Last Updated: April 30, 2024

With up-to-date real estate data get detailed insight into Montgomery County, MD sourced from the nation’s leading property data provider. The current median home price in Montgomery County, MD is $782,500. Montgomery County real estate data shows that there have been a total of 10,094 residential properties sold over the past 12 months. ATTOM’s Montgomery County real estate data indicates that the county has 36 properties in foreclosure and 9 REOs (real estate bank owned) properties.

Montgomery County Real Estate Market Trends
Total Residential Properties 310,601
Total Commercial Properties 18,871
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 2,260
Total 2024 Residential Sales (year-to-date) 1,558
% of Homes Seriously Underwater (Q2 2024) 0.51%
Total 2023 Residential Sales 9,755
% of Equity Rich Homes (Q2 2024) 44.53%
Effective 2023 Property Tax 0.8%
Total Foreclosure Filings (year-to-date) 139
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Montgomery County, MD Real Estate Overview

There were 10,094 residential properties sold in the past year in Montgomery County, MD. The median home value in Montgomery County, MD is $603,941. There are a total of 310,601 residential properties in the Montgomery.

Median Sales Price i
$782,500
(Mar 2024)
+8.7%
year-over-year
y-o-y
  • March '24 Mar '24 $782,500
  • February '24 Feb '24 $703,000
  • January '24 Jan '24 $697,450
  • December '23 Dec '23 $772,500
  • November '23 Nov '23 $750,000
  • October '23 Oct '23 $721,750
  • September '23 Sep '23 $709,000
  • August '23 Aug '23 $799,000
  • July '23 Jul '23 $775,000
  • June '23 Jun '23 $790,000
  • May '23 May '23 $800,000
  • April '23 Apr '23 $775,000
Median Down Payment i
$152,225
(Mar 2024)
+12.5%
year-over-year
y-o-y
  • March '24 Mar '24 $152,225
  • February '24 Feb '24 $140,000
  • January '24 Jan '24 $117,500
  • December '23 Dec '23 $159,000
  • November '23 Nov '23 $167,000
  • October '23 Oct '23 $150,000
  • September '23 Sep '23 $144,000
  • August '23 Aug '23 $167,400
  • July '23 Jul '23 $155,563
  • June '23 Jun '23 $175,000
  • May '23 May '23 $167,607
  • April '23 Apr '23 $169,000
Number of Homes Sold i
671
(Mar 2024)
-20.1%
year-over-year
y-o-y
  • March '24 Mar '24 671
  • February '24 Feb '24 302
  • January '24 Jan '24 585
  • December '23 Dec '23 662
  • November '23 Nov '23 674
  • October '23 Oct '23 732
  • September '23 Sep '23 913
  • August '23 Aug '23 1,000
  • July '23 Jul '23 676
  • June '23 Jun '23 1,175
  • May '23 May '23 1,052
  • April '23 Apr '23 812
Number of Purchase Loans i
535
(Mar 2024)
-24.8%
year-over-year
y-o-y
  • March '24 Mar '24 535
  • February '24 Feb '24 240
  • January '24 Jan '24 468
  • December '23 Dec '23 541
  • November '23 Nov '23 536
  • October '23 Oct '23 623
  • September '23 Sep '23 759
  • August '23 Aug '23 817
  • July '23 Jul '23 575
  • June '23 Jun '23 1,025
  • May '23 May '23 885
  • April '23 Apr '23 658
Number of REFI Loans i
304
(Mar 2024)
+28.3%
year-over-year
y-o-y
  • March '24 Mar '24 304
  • February '24 Feb '24 164
  • January '24 Jan '24 244
  • December '23 Dec '23 242
  • November '23 Nov '23 259
  • October '23 Oct '23 330
  • September '23 Sep '23 352
  • August '23 Aug '23 303
  • July '23 Jul '23 236
  • June '23 Jun '23 331
  • May '23 May '23 349
  • April '23 Apr '23 268
Number of HELOC Loans i
257
(Mar 2024)
-26.6%
year-over-year
y-o-y
  • March '24 Mar '24 257
  • February '24 Feb '24 152
  • January '24 Jan '24 235
  • December '23 Dec '23 241
  • November '23 Nov '23 246
  • October '23 Oct '23 258
  • September '23 Sep '23 241
  • August '23 Aug '23 314
  • July '23 Jul '23 278
  • June '23 Jun '23 314
  • May '23 May '23 358
  • April '23 Apr '23 248

Montgomery County, MD Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Montgomery County, MD Foreclosure Activity

There were a total of 36 Montgomery County, MD properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 20 Montgomery County, MD properties and repossessed 9 Montgomery County, MD properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
36
(Mar 2024)
-32.1%
year-over-year
y-o-y
  • March '24 Mar '24 36
  • February '24 Feb '24 50
  • January '24 Jan '24 53
  • December '23 Dec '23 57
  • November '23 Nov '23 41
  • October '23 Oct '23 58
  • September '23 Sep '23 74
  • August '23 Aug '23 47
  • July '23 Jul '23 52
  • June '23 Jun '23 70
  • May '23 May '23 82
  • April '23 Apr '23 78
Foreclosure Starts i
20
(Mar 2024)
-37.5%
year-over-year
y-o-y
  • March '24 Mar '24 20
  • February '24 Feb '24 29
  • January '24 Jan '24 30
  • December '23 Dec '23 35
  • November '23 Nov '23 28
  • October '23 Oct '23 33
  • September '23 Sep '23 41
  • August '23 Aug '23 27
  • July '23 Jul '23 28
  • June '23 Jun '23 25
  • May '23 May '23 62
  • April '23 Apr '23 42
Completed Foreclosures (REOs) i
9
(Mar 2024)
year-over-year
y-o-y
  • March '24 Mar '24 9
  • February '24 Feb '24 4
  • January '24 Jan '24 11
  • December '23 Dec '23 15
  • November '23 Nov '23 3
  • October '23 Oct '23 10
  • September '23 Sep '23 5
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 17
  • May '23 May '23 18
  • April '23 Apr '23 2
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