October's First-Time Homebuyer Report for Rockville

Rockville is older than the rest of Maryland, with a median age of 38. It's very affluent as well, with a median income of $94,007 per household. Condos and townhouses account for 45% of the area's current housing market. The top schools in the city are Lakewood Elementary School, Robert Frost Middle School, and Thomas S. Wootton High School.


According to Foursquare, Earth Treks Climbing Center and Rockville Sportsplex are the most popular outdoor attractions in Rockville. If you like arts and entertainment, some popular spots are Regal Cinemas Rockville Center 13 and Glenview Mansion. You could also try out the popular La Tasca, First Watch, and Sushi Damo if you dine out.

Price Range

The median value of homes in Rockville is $401,200, making it one of the most valuable areas in Maryland. At the same time, the average list price of available homes is presently $524,904. The number of home sales in the Rockville market climbed 7.0% to 61 homes over the last 30 days.

Out of all the listings in Rockville, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$269K   $575K   $679K  

Typical Dwelling

A four-bedroom detached home valued around $571,131 is considered a typical dwelling in Rockville. If a buyer was looking for a similar home, they would need good credit and a $114,226 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,368 and the property tax rate is $12.02 per $1,000 of taxable assessed value.

Get started right now by checking out Rockville homes for sale or reviewing Rockville real estate trends.

Data reported through 10/13/2016


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