Montgomery Village, MD is a great place to start or continue your search for housing. The median value of homes in the area is $337,900, which is slightly below the US House Median Value of $338,100. In the past year, house appreciation in Montgomery Village has been 5.58%, lower than the US 1 year House Appreciation of 8.27%. This could be reflected in potential buyers having more bargaining power due to more available inventory in the area, and potentially better prices for homes. Whether you are looking for a new home or an investment opportunity, it's definitely worth taking a look at what Montgomery Village has to offer.
The median home cost in Montgomery Village is $337,900. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Montgomery Village is up 11.3%.
Average Age of Homes
- The median age of Montgomery Village real estate is 37 years old
The Rental Market in Montgomery Village
- Renters make up 25.5% of the Montgomery Village population
- 0.9% of houses and apartments in Montgomery Village, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.