Welcome to our 20874 real estate data hub, tailored for investors in Germantown, MD. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 20874 in Germantown, MD. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONTGOMERY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Germantown, MD real estate investing. Uncover the wealth of information available, and position yourself for success in the Germantown property market.
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Location Overview
- Zip Code: 20874
- City: Germantown
- State: MD
- Metro Area: Washington-Arlington-Alexandria, DC-VA-MD-WV
- County Name: MONTGOMERY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $395,871
- Average Home Price (Single Family Homes): $427,356
- Average Monthly Rental Price (All Types): $1,890
- Price-to-Rent Ratio: 17
- Zillow Projected % appreciation from 4/2023-4/2024: -0.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,890
- Average 3 Bedroom Section 8 Rental Rates: $2,360
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.45
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.98
- Number of Units Offered in Section 8 in the County: 3240
- Number of Occupied Units in Section 8 in the County: 3049
- Percentage of Section 8 Units Occupied in the County: 94.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 155.8
- Total % Appreciation since 2000 (Government Data): 138.6
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.39%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 1.45%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 17.21%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.14%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.44%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 13.92%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 75.91%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.26%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.62%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 23.19%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 27.51%