Montgomery County, MD Real Estate & Property Data

Montgomery County Real Estate Market Trends
Last Updated: April 25, 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 $703,000. Montgomery County real estate data shows that there have been a total of 10,017 residential properties sold over the past 12 months. ATTOM’s Montgomery County real estate data indicates that the county has 50 properties in foreclosure and 4 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) 887
% 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) 103
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Montgomery County, MD Real Estate Overview

There were 10,017 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
$703,000
(Feb 2024)
+0.4%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 $720,000
Median Down Payment i
$140,000
(Feb 2024)
+11.1%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 $135,252
Number of Homes Sold i
302
(Feb 2024)
-49.2%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 840
Number of Purchase Loans i
240
(Feb 2024)
-52.8%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 711
Number of REFI Loans i
164
(Feb 2024)
-28.7%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 237
Number of HELOC Loans i
152
(Feb 2024)
-50.8%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 350

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 50 Montgomery County, MD properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 29 Montgomery County, MD properties and repossessed 4 Montgomery County, MD properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
50
(Feb 2024)
-39.8%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 53
Foreclosure Starts i
29
(Feb 2024)
-45.3%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 32
Completed Foreclosures (REOs) i
4
(Feb 2024)
-42.9%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 9
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