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Wheaton, MD

Full City Profile · Maryland · Montgomery County County

3.8 /5.0
B+ Good
52,172 Population 7,561/sq mi density
$107,349 Median Income $42,639 per capita
$483,100 Home Value $793,313 Zillow
$2,151 Median Rent 30.8% income on rent
56°F Avg Temperature 293 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$107,349 median income, 4.2% unemployment
A
Affordability
4.1 / 5.0
$483,100 home value, $2,151/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.1 / 5.0
38.9% bachelor's degree or higher

Housing Overview

Median Home Value
$483,100
71% above
US avg: $281,900
Median Rent
$2,151/mo
85% above
US avg: $1,163/mo
Homeownership Rate
65.2%
0% below US avg (65.4%)
Total Housing Units
17,301
Median year built: 1959

Home Value by Source

Census Median
$483,100
Zillow (ZHVI)
$793,313
Median Sale Price
$525,000
Median List Price
$549,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.2%
Owner-Occupied
34.8%
Renter-Occupied
65%
35%
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: $2,151/mo

Market Indicators (Redfin)

Median Days on Market
67 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
22.6%
of listings with price reduction
Price Per Sq Ft
$308
Active Inventory
31
homes for sale

Affordability & Housing Stock

Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
65.2%

Complete Housing Data

Home Values

Census Median Value$483,100
Zillow Home Value (ZHVI)$793,313
Median Sale Price$525,000
Median List Price$549,950
Price Per Sq Ft$308

Rent

Census Median Rent$2,151
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 Market67
Sale-to-List Ratio1.0%
Price Drops22.6%
Homes Sold20
Active Inventory31
Price Per Sq Ft$308

Ownership & Stock

Owner-Occupied65.2%
Renter-Occupied34.8%
Homeownership Rate65.2%
Total Housing Units17,301
Median Year Built1959
Rent Burden30.8%