Welcome to our 20850 real estate data hub, tailored for investors in Rockville, 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 20850 in Rockville, 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 Rockville, MD real estate investing. Uncover the wealth of information available, and position yourself for success in the Rockville property market.
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Location Overview
- Zip Code: 20850
- City: Rockville
- 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): $647,739
- Average Home Price (Single Family Homes): $712,683
- Average Monthly Rental Price (All Types): $2,344
- Price-to-Rent Ratio: 23
- Zillow Projected % appreciation from 4/2023-4/2024: -0.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,350
- Average 3 Bedroom Section 8 Rental Rates: $2,940
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 22.97
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.36
- 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): 223.78
- Total % Appreciation since 2000 (Government Data): 166.51
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.85%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 1.01%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 12.94%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 16.9%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 29.18%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.51%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 80.02%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.63%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.67%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 17.74%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 20.96%