Montgomery County, MD monthly real estate update

Written by:
July 5, 2023
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Montgomery County, MD monthly real estate update

Stacker compiled statistics about real estate prices in Montgomery County using data from realtor.com. Statistics are as of May 2023.

The median listing price in the United States was $441,445 in May, which is 0.91% higher than a year ago. Montgomery County has the third highest median listing price per square foot out of 23 counties in Maryland. Montgomery also has the second highest active listings in the state.

Montgomery County real estate by the numbers
- Median list price: $689,950
--- 0.4% increase from April
--- 13.2% increase from a year ago
- Active listing count: 704 (1,064 new listings)
- Median days on the market: 24 days
- Price increased count: 56
- Price reduced count: 216
- Median listing price per square foot: $301.0 per square foot

Counties with the highest median listing price in Maryland
#1. Talbot County: $799,880
#2. Montgomery County: $689,950
#3. Howard County: $672,250
#4. Garrett County: $599,950
#5. Queen Anne's County: $583,345

Counties with the lowest median listing price in Maryland
#1. Allegany County: $122,350
#2. Somerset County: $232,475
#3. Wicomico County: $289,950
#4. Dorchester County: $297,748
#5. Caroline County: $319,675

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