Montgomery Village, MD

Strong seller's market+31.8% YoY

Housing market overview · Updated weekly

$502,145median sale price

Homes sold

44

Last 12 weeks

Days on market

39

Average pace

Active listings

60

1.4 months supply

Sale-to-list

101.3%

Above asking

The Montgomery Village housing market is currently classified as a strong seller's market with a median sale price of $502,145. Prices have risen 31.8% compared to last year, with homes spending an average of 39 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Montgomery Village

There are currently 60 homes listed for sale in Montgomery Village, Maryland. The median listing price is $350K.

Active listings

60

Homes on market

Median list price

$350K

Avg. days on market

39

Days until sale

New this week

31

Newly listed

Price drops:21.7%of listings
Sale-to-list:101.3%

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Frequently asked questions

What is the average home price in Montgomery Village?

The median home sale price in Montgomery Village is $502,145, up 31.8% from last year.

How long do homes stay on market in Montgomery Village?

Homes typically spend 39 days on market before going under contract.

Is Montgomery Village a buyer's or seller's market?

With 1.4 months of supply, Montgomery Village is currently a strong seller's market.

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