The story of this market
The typical home in ZIP 20850 sells for about $732,000, or $358 per square foot.
Prices are down 1.7% from a year ago, which gives buyers more room to negotiate. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,309 a month.
ZIP 20850 — Rockville
The 20850 housing market is showing signs of stabilization after a period of price correction, with a median price of $732,000. Demand remains supported by the area's strong employment base and high quality of life, though higher interest rates have tempered transaction volume. Inventory remains tight, keeping the market competitive for well-priced properties.
This ZIP is ideal for families seeking high-quality schools, professionals working in the biotech or federal sectors, and commuters who value transit access to D.C. It offers a balanced suburban-urban lifestyle with strong community amenities.
Median prices moved down 1.7% year over year.
Homes spend a median of 18 days on market with 2.1 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 6.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 20850, Montgomery County MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Rockville generally experiences lower crime rates compared to the national average, with property crime being the primary concern. The area is considered safe relative to the broader Washington D.C. metropolitan region.
The area is served by the highly-rated Montgomery County Public Schools system, which is consistently recognized for academic excellence and diverse programming.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas, though wildfire risk is minimal. Property insurance remains stable but is subject to regional adjustments for climate-related weather events.
Rockville serves as a major economic hub in Montgomery County, anchored by the biotech, life sciences, and federal government sectors. Significant ongoing development includes mixed-use projects near the Rockville Metro station and the expansion of the Shady Grove life sciences corridor.
Property taxes are levied by Montgomery County and the City of Rockville, with rates determined by annual assessments. The jurisdiction utilizes a homestead tax credit to limit annual increases on owner-occupied primary residences.
Residents benefit from excellent connectivity via the Red Line Metro, I-270, and the Intercounty Connector (ICC), providing direct access to Washington D.C. and the broader I-270 technology corridor.
The ZIP features extensive recreational amenities including the Rockville Town Square, numerous community parks, and proximity to the Rock Creek Trail system. Shopping and dining are concentrated in the Town Center and nearby regional malls.
The rental market is highly competitive due to the proximity to major employment centers and transit hubs. Vacancy rates remain low, and rent growth has been steady, driven by demand from young professionals and commuters.
The economy is heavily driven by the life sciences, biotechnology, and federal government sectors. Major employers include the National Institutes of Health (NIH) and various private biotech firms located along the I-270 corridor.
The area is well-served by the WMATA Red Line, providing direct rail access to D.C. Major highway corridors include I-270 and MD-355, facilitating regional travel.
Development is focused on transit-oriented growth near the Rockville and Shady Grove Metro stations. The city is prioritizing high-density residential and commercial infill projects.
Parcels are subject to Montgomery County property taxes and various special taxing districts for infrastructure and public services.
Property insurance market is stable, with premiums reflecting standard regional risks for wind and storm damage.
Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- The St. James4.419.9 mi
- F1 Arcade Washington, D.C.4.614.6 mi
- Lake Fairfax Park4.612.3 mi
- Urban Air Trampoline and Adventure Park4.115.1 mi
- Sky Zone Trampoline Park419.5 mi
- Nationals Park4.616.5 mi
- Capital One Arena4.514.7 mi
- Walter E. Washington Convention Center4.514.2 mi
- Northwest Stadium419.7 mi
- International Spy Museum4.415.4 mi
- Smithsonian National Zoological Park4.612 mi
- Great Falls Park4.88.2 mi
- Washington National Cathedral4.811.5 mi
- Westfield Montgomery4.44.2 mi
- Westfield Wheaton4.26.2 mi
- Lincoln Memorial4.814.5 mi
- Smithsonian National Museum of Natural History4.815 mi
- Smithsonian's National Air and Space Museum4.615.3 mi
- United States Capitol4.715.5 mi
- National Mall4.814.9 mi
- Great Falls Park4.88.2 mi
- Brookside Gardens4.86.3 mi
- Wolf Trap National Park for the Performing Arts4.811.7 mi
- Clemyjontri Park4.89.6 mi
- Meadowlark Botanical Gardens4.812.2 mi
- Topgolf Germantown4.39 mi
- Congressional Country Club4.76.2 mi
- Trump National Golf Club Washington DC410.7 mi
- Northwest Golf Course4.36.9 mi
- Needwood Golf Course4.32.8 mi
- Tysons Corner Center4.612.1 mi
- Clarksburg Premium Outlets4.412.3 mi
- Tysons Galleria4.511.7 mi
- Westfield Montgomery4.44.2 mi
- Westfield Wheaton4.26.2 mi
- Dulles International Airport4.118.7 mi
- Ronald Reagan Washington National Airport4.217.3 mi
- Baltimore/Washington International Thurgood Marshall Airport4.326.8 mi
- Capital One Lounge at IAD4.318.2 mi
- The Club BWI3.927 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central hub for dining, events, and community gatherings.
Extensive trail network and outdoor recreation space.
Cultural and event venue located in Rockville Civic Center Park.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.