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Montgomery Village, MD

Full City Profile · Maryland · Montgomery County County

4.0 /5.0
A Great
34,161 Population 8,804/sq mi density
$96,487 Median Income $44,624 per capita
$367,100 Home Value $387,172 Zillow
$1,883 Median Rent 38.5% income on rent
54°F Avg Temperature 293 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A
Economy
4.4 / 5.0
$96,487 median income, 5.0% unemployment
A+
Affordability
4.5 / 5.0
$367,100 home value, $1,883/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.4 / 5.0
42.7% bachelor's degree or higher

Housing Overview

Median Home Value
$367,100
30% above
US avg: $281,900
Median Rent
$1,883/mo
62% above
US avg: $1,163/mo
Homeownership Rate
66.4%
2% above US avg (65.4%)
Total Housing Units
12,744
Median year built: 1981

Home Value by Source

Census Median
$367,100
Zillow (ZHVI)
$387,172
Median Sale Price
$502,145
Median List Price
$350,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.4%
Owner-Occupied
33.6%
Renter-Occupied
66%
34%
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: $1,883/mo · Zillow rent: $2,342/mo

Market Indicators (Redfin)

Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
44
Price Drops
21.7%
of listings with price reduction
Price Per Sq Ft
$289
Active Inventory
60
homes for sale

Affordability & Housing Stock

Rent Burden
38.5%
of renters spending 30%+ of income on housing
24% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
66.4%

Complete Housing Data

Home Values

Census Median Value$367,100
Zillow Home Value (ZHVI)$387,172
Median Sale Price$502,145
Median List Price$350,000
Price Per Sq Ft$289

Rent

Census Median Rent$1,883
Zillow Rent (ZORI)$2,342
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 Market39
Sale-to-List Ratio1.0%
Price Drops21.7%
Homes Sold44
Active Inventory60
Price Per Sq Ft$289

Ownership & Stock

Owner-Occupied66.4%
Renter-Occupied33.6%
Homeownership Rate66.4%
Total Housing Units12,744
Median Year Built1981
Rent Burden38.5%