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Sarah Mitchell
Compass Real Estate · ZIP 20850
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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20850 ZIP Code Housing Market
$730,235median sale price
What is the 20850 housing market like right now?
The median home sale price in ZIP code 20850 is $730,235, down 6.6% year-over-year. Homes sell in an average of 34 days with 145 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 20850 ZIP code a buyer's or seller's market?
ZIP code 20850 is currently a balanced market and homes selling in about 34 days. How we determine this →
What are the latest 20850 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $730,235 |
| Median list price | $725,000 |
| Year-over-year price change | -6.6% |
| Average days on market | 34 days |
| Active inventory | 145 listings |
| Sale-to-list price ratio | 100.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 20850 zip code, located in Rockville, MD, is currently classified as a balanced market. The median sale price stands at $730,235, representing a -6.6% change year over year. Homes in this area spend an average of 34 days on the market before going under contract. There are currently 145 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 20850 sits in the Rockville, MD area, roughly 1.4 miles from downtown Rockville. Because home prices are set street by street, this ZIP can move differently from Rockville's citywide averages. The figures below reflect 20850 specifically — drawn from Redfin transactions, U.S. Census data for its 50,353 residents, and Zillow value estimates.
Homes sold
136
Last 12 weeks
Days on market
34
Average pace
Active listings
145
Sale-to-list
100.7%
Above asking
What is driving the 20850 housing market?
The 20850 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 20850 have declined -6.6% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 20850 stands at $697,416, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,547 per month. This gives a price-to-rent ratio of approximately 22.8, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 20850?
Population
50,353
Median income
$125,950/yr
Median age
41.2 years
Owner-occupied
50.3%
College grads
67.5%
Avg commute
24.67 min
What is it like living in 20850?
Zip code 20850 is home to approximately 50,353 residents. The median household income is $125,950 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 50.3% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 67.5% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 24.67 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 20850.
Which public schools serve ZIP 20850?
11 schools tracked · 6,970 students
The largest public schools serving ZIP code 20850 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Thomas S. Wootton High
Grades 9-12 · 1,875 students
Julius West Middle
Grades 6-8 · 1,307 students
Robert Frost Middle School
Grades 6-8 · 958 students
Maryvale Elementary
Grades PK-5 · 631 students
Fallsmead Elementary
Grades K-5 · 515 students
College Gardens Elementary
Grades PK-5 · 506 students
Beall Elementary
Grades PK-5 · 490 students
Lakewood Elementary
Grades K-5 · 439 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 20850
What is the median home price in 20850?
The current median sale price in 20850 is $730,235, based on recent Redfin transaction data. Prices have changed -6.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 20850 a buyer's or seller's market?
The 20850 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 20850?
Zip code 20850 has a population of approximately 50,353 residents. The median household income is $125,950 per year. About 50.3% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 20850?
Properties Incorporated provides comprehensive data for 20850 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 20850 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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