Zip 20886 (Montgomery Village, MD) Housing

The housing market in 20886 Montgomery Village, MD is a strong one. The median value of homes currently stands at $347,800, which is higher than the US house median value of $338,100. Over the past year, the appreciation rate for homes in 20886 Montgomery Village has been 5.58%, lower than the US 1 year house appreciation rate of 8.27%. This indicates that while the market in 20886 Montgomery Village may be slower than some other areas, it is still a viable option for investment and potential owners.

The median home cost in Montgomery Village (zip 20886) is $347,800. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Montgomery Village (zip 20886) is up 11.3%.

Average Age of Homes

- The median age of Montgomery Village (zip 20886) real estate is 37 years old

The Rental Market in Montgomery Village (zip 20886)

- Renters make up 25.3% of the Montgomery Village (zip 20886) population
- 0.9% of houses and apartments in Montgomery Village (zip 20886), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montgomery Village, Maryland	United States
	12,903.0	139,647,020.0
	40	42
	$347,800	$338,100
	11.3%	16.6%
	30.3%	57.0%
	46.2%	101.1%
	$8.56	$10.98
	$2,765	$2,690
	64.3%	57.4%
	4.6%	11.2%
	31.1%	31.4%
Vacant Housing
	0.9%	1.9%
	0.1%	0.4%
	1.3%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.6%	2.4%
	0.2%	2.8%
	0.8%	3.9%
	1.0%	4.5%
	7.1%	11.3%
	5.9%	13.0%
	26.8%	20.1%
	29.8%	13.6%
	15.9%	8.3%
	10.4%	9.7%
	0.3%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	13.2%	13.6%
	37.1%	13.2%
	36.9%	14.8%
	13.2%	13.6%
	2.2%	10.0%
	0.5%	4.7%
	0.8%	12.2%

Reviews for Montgomery Village

See all (0)

Write a Review

Start Your Review of Montgomery Village

Commute

The premier source for comprehensive city data for over 30 years.

��