20905 — Montgomery County, Maryland Market Snapshot

Housing market data for zip code 20905 in Montgomery County, Maryland. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

39 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$740,000

5.4% YoYClosed sales

Days to Sell

20

Median, listing to close

Homes Sold

39

Closed in 2026

Inventory

21

Sale-to-List

101.2%

New Listings

53

Price/SqFt

$251

Pending Sales

47

Conforming Loan Available

Most homebuyers in 20905 can comfortably use conventional financing. The median home price of $740,000 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

Homes in 20905 are moving quickly at 20 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 20905 (101.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 20905 can comfortably use conventional financing. The median home price of $740,000 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 20905 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 20905

To purchase the median home at $740,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,820.

Monthly Payment

$5,820

Income Required

$249,413

Principal & Interest

$4,560/mo

Down Payment (5%)

$37,000

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 20905.

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Estimated Monthly Payment

$4,730

Principal & Interest$3,840
Property Tax$740
Insurance$150
Loan Amount$592,000
Total Interest$790,292
Income Required$202,701/yr

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