20854 — Montgomery County, Maryland Market Snapshot
Housing market data for zip code 20854 in Montgomery County, Maryland. Updated monthly with median prices, days on market, and more.
Market Sales Data
32 sales in 2026 (year to date)
Median Sale Price
$902,500
Days to Sell
23
Homes Sold
32
Inventory
12
Sale-to-List
100.4%
New Listings
35
Price/SqFt
$345
Pending Sales
38
Conforming Loan Available
Most homebuyers in 20854 can comfortably use conventional financing. The median home price of $902,500 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 20854 are moving quickly at 23 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 20854 (100.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 20854 can comfortably use conventional financing. The median home price of $902,500 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 20854 are set at the county level.
2026 Loan Limits — Montgomery County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,249,125 | $1,249,125 |
| 2 Units | $1,599,375 | $1,599,375 |
| 3 Units | $1,933,200 | $1,933,200 |
| 4 Units | $2,402,625 | $2,402,625 |
Affordability Snapshot — Zip 20854
To purchase the median home at $902,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,065.
Monthly Payment
$7,065
Income Required
$302,772
Principal & Interest
$5,561/mo
Down Payment (5%)
$45,125
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 20854.
Estimated Monthly Payment
$5,735
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