What the Pros Know
Market Snapshot
Zip Code 20871 | Montgomery County, MD
27,420
Population
YoY
202237.4
Median Age
YoY
2022$162,472
Median Household Income
YoY
2022$830,000
Median Sale Price
7.1% MoM
2.9% YoY
5/202432
Homes Sold
52.4% MoM
10.3% YoY
5/20240.6
Months Inventory
15.6% MoM
YoY
5/202410
Days on Market
13 MoM
21 YoY
5/202418
Listings
38.5% MoM
20.0% YoY
5/2024101.1%
Sale Price to List Price
1.3% MoM
0.1% YoY
5/2024
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.