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Featured local agent — Wheaton, MD
Sarah Mitchell
Compass Real Estate · Wheaton, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wheaton, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$582,495median sale price
How is the Wheaton, MD housing market right now?
The median home sale price in Wheaton, MD is $582,495, up 9.9% year-over-year. Homes sell in an average of 35 days with 44 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wheaton a buyer's or seller's market?
Wheaton, MD is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
28
Last 12 weeks
Days on market
35
Average pace
Active listings
44
1.6 months supply
Sale-to-list
100.4%
Above asking
What does the Wheaton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $582,495 |
| Median list price | $569,000 |
| Year-over-year price change | +9.9% |
| Average days on market | 35 days |
| Active inventory | 44 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 100.4% |
| Median price per sq ft | $332/sq ft |
| Homes sold (latest month) | 28 |
| New listings (latest month) | 33 |
| Listings with a price cut | 29.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Wheaton by property type?
How the Wheaton, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $599,995 | $338/sq ft | 22 | 36 days |
| Condo / Co-op | $237,000 | $404/sq ft | 1 | 55 days |
| Townhouse | $540,000 | $302/sq ft | 5 | 7 days |
Source: Redfin · Updated monthly
The Wheaton housing market is currently classified as a strong seller's market with a median sale price of $582,495. Prices have risen 9.9% compared to last year, with homes spending an average of 35 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Wheaton
There are currently 44 homes listed for sale in Wheaton, Maryland. The median listing price is $569K.
Active listings
44
Homes on market
Median list price
$569K
Avg. days on market
35
Days until sale
New this week
33
Newly listed
Who lives in Wheaton?
Population
52,172
Median income
$107,349/yr
Median age
36.8 years
Owner-occupied
65.2%
College grads
38.9%
Avg commute
33.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Wheaton?
Wheaton is a community of approximately 52K residents with a median age of 36.8 years.The median household income is $107,349, which reflects a relatively affluent area with strong earning potential. 38.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 65.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Wheaton offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Wheaton, MD?
Want a head-to-head view? Compare Wheaton side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wheaton?
The median home sale price in Wheaton is $582,495, up 9.9% from last year.
How long do homes stay on market in Wheaton?
Homes typically spend 35 days on market before going under contract.
What is the median income in Wheaton?
The median household income is $107,349 per year.
Is Wheaton a buyer's or seller's market?
With 1.6 months of supply, Wheaton is currently a strong seller's market.
What is the median condo price in Wheaton?
The median condo/co-op sale price in Wheaton, MD is $237,000, compared to $599,995 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wheaton?
The median single-family home price in Wheaton, MD is $599,995 (about $338 per square foot).
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