What the Pros Know

1,058,474

Population

0.5% YoY

2023

38.5

Median Age

2.8% YoY

2022

$125,583

Median Household Income

7% YoY

2022

560,114

Labor Force

1.3% MoM

1.2% YoY

8/2024

542,824

Employed

1.4% MoM

0.3% YoY

8/2024

3.1%

Unemployment Rate

3.3% MoM

93.8% YoY

8/2024

$794,000

Median Sale Price

5.5% MoM

2.5% YoY

8/2024

479

Homes Sold

6.3% MoM

6.4% YoY

8/2024

1.3

Months Inventory

3.2% MoM

21.7% YoY

8/2024

26

Days on Market

4 MoM

10 YoY

8/2024

614

Listings

6.4% MoM

30.9% YoY

8/2024

101.4%

Sale Price to List Price

0.3% MoM

0.8% YoY

8/2024

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Cities included in Montgomery County: Germantown, Silver Spring, Gaithersburg, Rockville, Bethesda, Aspen Hill, Wheaton, North Bethesda, Potomac, Olney, Montgomery Village, Clarksburg, Fairland, North Potomac, Redland, Calverton, Takoma Park, Damascus, Cloverly, Glenmont, White Oak, Kemp Mill, Colesville, Flower Hill, Travilah, Burtonsville, Chevy Chase, Leisure World, North Kensington, South Kensington, Four Corners, Forest Glen, Darnestown, Ashton-Sandy Spring, Poolesville, Layhill, Hillandale, Friendship Heights Village, Burnt Mills, Brookmont, Kensington, Cabin John, Chevy Chase Village, Derwood, Spencerville, Ten Mile Creek, Chevy Chase View, Martin's Additions, Somerset, Chevy Chase Section Three, Garrett Park, Chevy Chase Section Five, Washington Grove, North Chevy Chase, Laytonsville, Glen Echo, Barnesville, Brookeville


Zip Codes included in Montgomery County: [Click for zip code level data] 20812, 20814, 20815, 20816, 20817, 20818, 20832, 20833, 20837, 20838, 20839, 20841, 20842, 20850, 20851, 20852, 20853, 20854, 20855, 20860, 20861, 20862, 20866, 20868, 20871, 20872, 20874, 20876, 20877, 20878, 20879, 20880, 20882, 20886, 20889, 20892, 20894, 20895, 20896, 20899, 20901, 20902, 20903, 20904, 20905, 20906, 20910, 20912


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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