Rockville, MD Home Values & Market Trends

Real estate market trends reflect that there have been 1,613 transactions over the past year in Rockville. The median value for residential home transactions that occurred over the previous year is $661,911.88. The number of current listings in Rockville is 170, and the percentage of properties for sale in the city is 170.00%. Rockville, MD currently has 21 properties in foreclosure, 2 bank owned properties, 5 properties headed for auction, and 170 properties for sale.

Rockville, MD Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
20852

$ 571,057

$ 336/sqft

20853

$ 685,948

$ 297/sqft

20850

$ 715,055

$ 320/sqft

20851

$ 526,652

$ 361/sqft

Housing Market Summary for Rockville, MD

Apr 2023March 2024Change
Median Listing Price$644.5K$633.9K-1.65%
Median Sold Price$622K$633.9K1.91%
Homes For Sale184166-9.78%
Homes Sold1,057971-8.14%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Rockville, MD

Rockville home values range from $56,576 to $22,888,962. The median estimated value of a home in Rockville is $661,911.88. The median list price of a home is 684,450, and the total count of properties in the city is 49,328.

Foreclosure
There are 4 zips within Rockville, MD; within these zips, the median estimated home value for homes in foreclosure ranges from $646,908 in 20852 to the lowest value of $187,300 in 20852. Foreclosure homes account for 0.00% of properties in Rockville, MD with 20850 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Rockville, MD with 20850 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Rockville, MD; of those zips, the estimated home value for pre-foreclosure homes ranges from $907,385 in 20853 to the lowest home value of $260,700 in 20850.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Rockville, MD ranges from the highest value of $516,931 in 20851 to the lowest value of $500,970 in 20851. Bank owned homes and properties account for 0.00% of properties in Rockville, MD. There are 4 zips within Rockville, MD; 20851 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    20852 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Rockville, MD. Auction homes and other auction properties account for 0.01% of all properties in Rockville, MD. There are 4 zips within Rockville, MD; of those zips, the median estimated home value for homes going to auction ranges from $1,375,069 in 20850 to the lowest value of $187,300 in 20850.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.34% of residential properties in Rockville, MD with 20852 containing 45 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Rockville, MD; homes for sale in those zips, have a range of median values from $654,757 in 20851 to the lowest value of $163,248 in 20852.
    Sold Homes
    The median value for recently sold homes ranges from $810,340 in 20851 to the lowest price of $126,420 in 20851. There are 4 zips within Rockville, MD. 20852 has 338 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.02% of properties in Rockville, MD.

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      Guide for Rockville, MD

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