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Montgomery County Housing

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As of 2010-2014, median price of a house in Montgomery County is $448,700, which is higher than the state average of $287,500 and is much higher than the national average of $175,700. The Montgomery County median house value has grown by 102.30% since 2000. The growth rate for the price of a house in Montgomery County is higher than the state average rate of 96.92% and is much higher than the national average rate of 46.91%. The median year that a house in Montgomery County was built is 1978, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 241,626 Owner Occupied Houses in Montgomery County, #1

Montgomery County	448,700 USD
Maryland	287,500 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #9

Montgomery County	102.30%
Maryland	96.92%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Montgomery County	Maryland	U.S.
Total Housing Units	380,250, see rank, 100%	2,399,375	132,741,033
Occupied Housing Units	362,608, 95.36%, see rank	89.86%	87.55%
Owner Occupied	241,626, 63.54%, see rank	60.26%	56.34%
Renter Occupied	120,982, 31.82%, see rank	29.60%	31.21%
Vacant Housing Units	17,642, 4.64%, see rank	10.14%	12.45%
For Rent	4,991, 1.31%, see rank	2.24%	2.34%
For Sale Only	2,631, 0.69%, see rank	1.11%	1.20%
Rented or Sold, Not Occupied	1,952, 0.51%, see rank	0.65%	0.92%
For Seasonal, Recreational, or Occasional Use	1,852, 0.49%, see rank	2.35%	3.97%
For Migrant Workers	37, 0.01%, see rank	0.03%	0.03%
Other Vacant	6,179, 1.62%, see rank	3.76%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #15

Montgomery County	Maryland	U.S.
1978	1975	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Montgomery County	%	Maryland	U.S.
Owner-Occupied Units	241,626	100%	1,445,880	74,787,460
With a Mortgage	185,967	76.96%, see rank	75.17%	65.58%
Without a Mortgage	55,659	23.04%, see rank	24.83%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Montgomery County	2,499 USD
Maryland	1,999 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Montgomery County	%	Maryland	U.S.
$299 or Less	264	0.14%, see rank	0.12%	0.20%
$300 to $499	551	0.30%, see rank	0.75%	1.59%
$500 to $699	1,397	0.75%, see rank	1.94%	5.01%
$700 to $999	3,911	2.10%, see rank	5.73%	14.32%
$1,000 to $1,499	19,161	10.30%, see rank	18.28%	27.90%
$1,500 to $1,999	33,052	17.77%, see rank	23.23%	20.35%
$2,000 to $2,999	63,698	34.25%, see rank	31.23%	19.52%
$3,000 or More	63,933	34.38%, see rank	18.71%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Montgomery County	23.40% of the Total Income
Maryland	24.00% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Montgomery County	%	Maryland	U.S.
10% or Less	12,339	6.64%, see rank	5.74%	5.86%
10% to 20%	59,132	31.80%, see rank	30.56%	31.95%
20% to 30%	53,239	28.63%, see rank	29.32%	27.64%
30% to 40%	26,176	14.08%, see rank	14.45%	13.74%
40% or More	34,648	18.63%, see rank	19.55%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Montgomery County	775 USD
Maryland	583 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Montgomery County	%	Maryland	U.S.
$199 or Less	1,016	1.83%, see rank	2.62%	7.76%
$200 to $299	904	1.62%, see rank	5.55%	14.70%
$300 to $499	7,113	12.78%, see rank	28.64%	34.63%
$500 to $699	13,685	24.59%, see rank	29.57%	21.16%
$700 or More	32,941	59.18%, see rank	33.62%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Montgomery County	10.40% of the Total Income
Maryland	12.10% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Montgomery County	%	Maryland	U.S.
10% or Less	26,874	48.28%, see rank	41.59%	40.19%
10% to 20%	14,927	26.82%, see rank	30.55%	31.47%
20% to 30%	5,730	10.29%, see rank	11.67%	12.24%
30% to 40%	2,771	4.98%, see rank	5.66%	5.64%
40% or More	4,906	8.81%, see rank	9.55%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Montgomery County	Maryland	U.S.
Total Housing Units	380,250, 100%	2,399,375	132,741,033
1-unit, Detached	183,607, 48.29%, see rank	51.72%	61.65%
1-unit, Attached	69,536, 18.29%, see rank	21.19%	5.82%
2 Units	1,984, 0.52%, see rank	1.60%	3.75%
3 or 4 Units	4,803, 1.26%, see rank	2.20%	4.43%
5 to 9 Units	19,087, 5.02%, see rank	4.94%	4.78%
10 or More Units	100,610, 26.46%, see rank	16.70%	13.08%
Mobile Home, Boat, RV, Van, etc.	623, 0.16%, see rank	1.63%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Montgomery County	Maryland	U.S.
Total Housing Units	380,250, 100%	2,399,375	132,741,033
1 Room	4,151, 1.09%, see rank	1.15%	1.95%
2 Rooms	9,822, 2.58%, see rank	1.62%	2.48%
3 Rooms	37,030, 9.74%, see rank	7.62%	9.13%
4 Rooms	52,228, 13.74%, see rank	12.84%	16.60%
5 Rooms	45,580, 11.99%, see rank	14.80%	20.41%
6 Rooms	45,931, 12.08%, see rank	17.19%	18.06%
7 Rooms	42,586, 11.20%, see rank	14.01%	12.27%
8 Rooms	43,025, 11.31%, see rank	11.30%	8.48%
9 Rooms or More	99,897, 26.27%, see rank	19.47%	10.60%
Median Rooms	6.40, see rank	6.20	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Montgomery County	Maryland	U.S.
Total Housing Units	380,250, 100%	2,399,375	132,741,033
No Bedroom	5,485, 1.44%, see rank	1.33%	2.17%
1 Bedroom	49,082, 12.91%, see rank	10.34%	11.16%
2 Bedrooms	78,099, 20.54%, see rank	22.38%	26.69%
3 Bedrooms	107,811, 28.35%, see rank	37.63%	39.70%
4 Bedrooms	95,549, 25.13%, see rank	21.12%	16.05%
5 or More Bedrooms	44,224, 11.63%, see rank	7.20%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Montgomery County	Maryland	U.S.
Total Housing Units	362,608, 100%	2,155,983	116,211,092
Utility Gas	205,341, 56.63%, see rank	44.54%	48.85%
Bottled, Tank, or LP Gas	4,220, 1.16%, see rank	3.17%	4.86%
Electricity	137,080, 37.80%, see rank	39.67%	36.68%
Fuel Oil, Kerosene, etc.	13,357, 3.68%, see rank	10.31%	5.86%
Coal or Coke	16, 0.00%, see rank	0.11%	0.12%
Wood	744, 0.21%, see rank	1.37%	2.12%
Solar Energy	119, 0.03%, see rank	0.03%	0.05%
Other Fuel	766, 0.21%, see rank	0.45%	0.47%
No Fuel Used	965, 0.27%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Montgomery County	Maryland	U.S.
Occupied Units Paying Rent	117,183, 100%	682,566	39,201,928
$199 or Less	1,231, 1.05%, see rank	1.63%	1.50%
$200 to $299	1,729, 1.48%, see rank	2.77%	3.18%
$300 to $499	1,422, 1.21%, see rank	3.76%	7.37%
$500 to $699	2,414, 2.06%, see rank	5.52%	16.01%
$700 to $999	6,516, 5.56%, see rank	18.21%	29.17%
$1,000 to $1,499	36,860, 31.46%, see rank	37.53%	26.88%
$1,500 to $1,999	38,078, 32.49%, see rank	19.46%	9.79%
$2,000 or More	28,933, 24.69%, see rank	11.13%	6.10%
Median	$1,611, see rank	$1,218	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Montgomery County	Maryland	U.S.
Occupied Housing Units	362,608, 100%	2,155,983	116,211,092
No Vehicles Available	27,290, 7.53%, see rank	9.39%	9.12%
1 Vehicles Available	124,376, 34.30%, see rank	32.90%	33.80%
2 Vehicles Available	142,798, 39.38%, see rank	36.77%	37.48%
3 or More Vehicles Available	68,144, 18.79%, see rank	20.95%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.