Montgomery Village, MD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Montgomery Village, MD is $502,145, up 31.8% year-over-year. Homes sell in an average of 39 days with 60 active listings. The market is currently a strong seller's market.
$502,145median sale price
Is Montgomery Village a buyer's or seller's market?
Montgomery Village, MD is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 39 days. How we determine this →
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
Montgomery Village, MD market data
| Metric | Value |
|---|---|
| Median sale price | $502,145 |
| Median list price | $350,000 |
| Year-over-year price change | +31.8% |
| Average days on market | 39 days |
| Active inventory | 60 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 101.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
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
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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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