What the Pros Know
Market Snapshot
Zip Code 20816 | Montgomery County, MD
17,390
Population
YoY
202245.1
Median Age
YoY
2022$228,311
Median Household Income
YoY
2022$1,497,500
Median Sale Price
3.8% MoM
2.6% YoY
7/202454
Homes Sold
1.8% MoM
5.9% YoY
7/20240.2
Months Inventory
9.4% MoM
61.9% YoY
7/20246
Days on Market
100 MoM
0 YoY
7/202412
Listings
14.3% MoM
71.4% YoY
7/2024103.7%
Sale Price to List Price
2.0% MoM
0.8% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. 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.