Rockville, MD 20852 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

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

Key Findings

1. The primary market indicator, the median sold price, is 772,000, which establishes recent transaction-level value and supports the view of moderate price appreciation given the broader price year-over-year trend is up.
2. There is a meaningful gap between the median listing price (1,122,000) and the median sold price (772,000), which may indicate pricing friction and elevated seller expectations relative to recent transactions; combined with a neutral market temperature, this suggests the market appears balanced but with selective opportunities for negotiation.
3. Market velocity is slow relative to typical suburban cycles: the median days on market is 284, which points to slower transaction volume and longer holding periods before sale; this longer time-to-contract may reflect buyer caution amid elevated interest rate pressure.
4. Rental context and unit-level value signals are mixed: median market rent is 2,600 and median price per square foot is 472, while rent year-over-year trend is down, suggesting rental demand remains present but rent growth is soft—investors should weigh reduced rent momentum against relatively high per-square-foot valuations when underwriting acquisitions.

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.