Rockville, MD 20852 Real Estate Market Report

ZIP Code: 20852
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Rockville, MD is characterized by a median sold price of $850,000, reflecting a stable market environment. The neighborhood has shown a positive price trend, with values up year-over-year, indicating a healthy demand for properties. The median listing price stands at $1,024,900, suggesting a notable gap between seller expectations and actual sales prices, which may create pricing friction for prospective buyers.

Transaction activity appears moderate, with median days on market recorded at 273 days, indicating slower sales velocity. This extended timeframe may suggest a need for sellers to adjust pricing strategies to align more closely with market realities. Despite elevated inventory levels relative to sales activity, buyer interest remains consistent, contributing to a neutral market temperature overall.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Rockville MD are averaging 6.38%, which is 0.27% higher than the 6.11% average seen in March 2025.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $850,000 reflects strong buyer interest despite elevated inventory levels.

2. With a median listing price of $1,024,900, there is a significant gap that may create pricing friction for buyers.

3. Properties are taking a considerable median days on market of 273 days, indicating slower sales velocity in the current market.

4. Year-over-year trends show that rents are up, with a median market rent of $3,420, suggesting continued demand for rental properties.

5. The market temperature is currently neutral, reflecting a balanced dynamic between buyers and sellers.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.