20874 — Montgomery County, Maryland Market Snapshot

Housing market data for zip code 20874 in Montgomery County, Maryland. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

37 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$280,000

1.8% YoYClosed sales

Days to Sell

43

Median, listing to close

Homes Sold

37

Closed in 2026

Inventory

34

Sale-to-List

98.9%

New Listings

53

Price/SqFt

$261

Pending Sales

43

Conforming Loan Available

Most homebuyers in 20874 can comfortably use conventional financing. The median home price of $280,000 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

20874's market is balanced with homes taking an average of 43 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 20874 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 20874 can comfortably use conventional financing. The median home price of $280,000 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 20874 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 20874

To purchase the median home at $280,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,295.

Monthly Payment

$2,295

Income Required

$98,369

Principal & Interest

$1,725/mo

Down Payment (5%)

$14,000

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 20874.

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Estimated Monthly Payment

$1,883

Principal & Interest$1,453
Property Tax$280
Insurance$150
Loan Amount$224,000
Total Interest$299,030
Income Required$80,694/yr

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