20833 — Montgomery County, Maryland Market Snapshot

Housing market data for zip code 20833 in Montgomery County, Maryland. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

11 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$850,000

Closed sales

Days to Sell

26

Median, listing to close

Homes Sold

11

Closed in 2026

Inventory

16

Sale-to-List

99.6%

New Listings

22

Price/SqFt

$276

Pending Sales

19

Conforming Loan Available

Most homebuyers in 20833 can comfortably use conventional financing. The median home price of $850,000 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 20833 are moving quickly at 26 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 20833 (99.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 20833 can comfortably use conventional financing. The median home price of $850,000 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 20833 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 20833

To purchase the median home at $850,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,662.

Monthly Payment

$6,662

Income Required

$285,533

Principal & Interest

$5,237/mo

Down Payment (5%)

$42,500

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 20833.

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Estimated Monthly Payment

$5,410

Principal & Interest$4,410
Property Tax$850
Insurance$150
Loan Amount$680,000
Total Interest$907,769
Income Required$231,877/yr

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