Montgomery Village, MD
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
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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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