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Aspen Hill, MD

Full City Profile · Maryland · Montgomery County County

3.9 /5.0
B+ Good
53,752 Population 5,652/sq mi density
$109,026 Median Income $46,058 per capita
$538,000 Home Value $656,415 Zillow
$1,925 Median Rent 35.6% income on rent
56°F Avg Temperature 293 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$109,026 median income, 4.8% unemployment
B+
Affordability
3.9 / 5.0
$538,000 home value, $1,925/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.5 / 5.0
44.0% bachelor's degree or higher

Housing Overview

Median Home Value
$538,000
91% above
US avg: $281,900
Median Rent
$1,925/mo
66% above
US avg: $1,163/mo
Homeownership Rate
64.4%
2% below US avg (65.4%)
Total Housing Units
17,911
Median year built: 1970

Home Value by Source

Census Median
$538,000
Zillow (ZHVI)
$656,415
Median Sale Price
$580,000
Median List Price
$639,945
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.4%
Owner-Occupied
35.6%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $1,925/mo

Market Indicators (Redfin)

Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
23
Price Drops
25.6%
of listings with price reduction
Price Per Sq Ft
$296
Active Inventory
43
homes for sale

Affordability & Housing Stock

Rent Burden
35.6%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
64.4%

Complete Housing Data

Home Values

Census Median Value$538,000
Zillow Home Value (ZHVI)$656,415
Median Sale Price$580,000
Median List Price$639,945
Price Per Sq Ft$296

Rent

Census Median Rent$1,925
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market38
Sale-to-List Ratio1.0%
Price Drops25.6%
Homes Sold23
Active Inventory43
Price Per Sq Ft$296

Ownership & Stock

Owner-Occupied64.4%
Renter-Occupied35.6%
Homeownership Rate64.4%
Total Housing Units17,911
Median Year Built1970
Rent Burden35.6%