20879 — Montgomery County, Maryland Market Snapshot
Housing market data for zip code 20879 in Montgomery County, Maryland. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$438,000
Days to Sell
27
Homes Sold
16
Inventory
9
Sale-to-List
107.8%
New Listings
22
Price/SqFt
$262
Pending Sales
26
Conforming Loan Available
Most homebuyers in 20879 can comfortably use conventional financing. The median home price of $438,000 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 20879 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 20879 are selling 7.8% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 20879 can comfortably use conventional financing. The median home price of $438,000 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 20879 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 20879
To purchase the median home at $438,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,506.
Monthly Payment
$3,506
Income Required
$150,249
Principal & Interest
$2,699/mo
Down Payment (5%)
$21,900
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 20879.
Estimated Monthly Payment
$2,861
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