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Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Montgomery County, Maryland?

$640,300/home 4.1%vs 2023 ($615,200)

County · Census ACS 5-Year estimates

The median home value in Montgomery County, Maryland is $640,300 (±$5,098), based on Census ACS 5-Year estimates (2024). The median gross rent is $2,068/month, and the median household income is $132,450/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Median Home Value in Montgomery County, Maryland and Neighbouring Counties

Loudoun: $743,800Montgomery County: $640,300Howard: $597,900District of Columbia: $737,100Fairfax: $732,800Frederick: $464,600Prince George's: $426,000$743,800$640,300$597,900$737,100$732,800$464,600$426,000

Housing Metrics for Montgomery County, Maryland

MetricValue
Median Home Value$640,300
Median Gross Rent$2,068
Median Household Income$132,450
Total Housing Units389,210
Renter-Occupied Units135,071
Renter-Occupied Share35%

How does Montgomery County, Maryland compare?

Median home value ranked against all counties in Maryland.

Higher home value than 100% of counties in Maryland · 1st of 24

Cheapest: Baltimore city($229,600)
Priciest: Montgomery County($640,300)
#CountyValue
1Montgomery County(you are here)$640,300
2Howard County$597,900
3Anne Arundel County$467,900
… 18 more …
22Baltimore city$229,600
23Somerset County$173,200
24Allegany County$154,900

Frequently asked questions

What is the median home value in Montgomery County, Maryland?

The median home value in Montgomery County, Maryland is $640,300, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent in Montgomery County, Maryland?

The median gross rent in Montgomery County, Maryland is $2,068/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in Montgomery County, Maryland?

The median household income in Montgomery County, Maryland is $132,450/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $640,300 has a margin of error of ±$5,098. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.