Housing Insights for ZIP Code 20876 (Germantown, MD)

Housing Summary for ZIP Code 20876

Homeowners

The median home value in ZIP Code 20876 (Germantown, MD) is $413,400. Approximately 66.3% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.1%.

The average occupancy of owner-occupied units in ZIP Code 20876 is 3.27 occupants, while owner-occupied units have an aggregate average size of 3.22 bedrooms per housing unit.

Renters

In the 20876 ZIP Code, an estimated 33.7% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.1%.

Among renter-occupied units in this ZIP, the average occupancy is 3.11 occupants, while renters in this Montgomery County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 20876

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 20876.

ZIP 20876 Maryland U.S.
Median Home Value $413,400 $430,752 $361,498
Owner-Occupied Housing Units 66.3% 66.9% 64.0%
Homeowner Vacancy Rate 2.1% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.27 2.75 2.70
Average # of Bedrooms Per Unit 3.22 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 33.7% 33.1% 36.0%
Rental Vacancy Rate 4.1% 6.0% 6.0%
Average Size of Renter-Occupied Unit 3.11 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 20876 (Germantown, MD)

The median home value in ZIP Code 20876 is $413,400. That median value is about 31% higher than the median home value of $314,800 in Maryland overall, and is 90% higher than the $217,500 the median home value in the entire U.S. In ZIP Code 20876, approximately 35.5% of homes are valued $500,000 to $999,999. That is 108% higher than in Maryland, in which 17.1% of homes are valued at $500,000 to $999,999, and is about 211% higher than in the U.S. overall (11.4% of homes valued at $500,000 to $999,999). The home value range that the smallest portion of ZIP Code 20876 homes fall into is $50,000 to $99,999 (0.2% of homes).

Home Values in ZIP Code 20876

This chart visualizes the breakdown of home values in ZIP Code 20876, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20876 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 20876

See the table below for a regional comparison of home values in ZIP Code 20876.

Home Value ZIP 20876 Maryland U.S.
Less than $50,000 2.6% 2.7% 6.9%
$50,000 to $99,999 0.2% 3.7% 12.0%
$100,000 to $149,999 1.2% 6.3% 13.3%
$150,000 to $199,999 5.0% 9.9% 14.0%
$200,000 to $299,999 19.5% 24.4% 19.6%
$300,000 to $499,999 35.3% 32.8% 19.3%
$500,000 to $999,999 35.5% 17.1% 11.4%
$1,000,000 or more 0.8% 3.1% 3.4%

Home Ages in ZIP Code 20876 (Germantown, MD)

Approximately 33.5% of homes in this Germantown, MD region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 20876 is about 134% higher than percentage of homes built in this time period in Maryland overall (14.3% of homes), and is 141% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 28.0% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.3% of homes in this Montgomery County ZIP Code were built in 1940 to 1949 in ZIP Code 20876. In comparison, 5.2% of homes in Maryland overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20876

A detailed regional comparison of home ages in ZIP Code 20876.

Year Built ZIP 20876 Maryland U.S.
2014 or later 4.6% 2.3% 2.5%
2010 to 2013 8.6% 2.6% 2.7%
2000 to 2009 12.4% 11.4% 14.0%
1990 to 1999 33.5% 14.3% 13.9%
1980 to 1989 28.0% 15.3% 13.4%
1970 to 1979 7.5% 14.1% 15.2%
1960 to 1969 2.8% 11.5% 10.6%
1950 to 1959 1.6% 11.4% 10.3%
1940 to 1949 0.3% 5.2% 4.9%
1939 or earlier 0.7% 11.8% 12.6%

Age of Homes in ZIP Code 20876

See the chart below for details on the age of homes in ZIP Code 20876, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 20876

Frequently asked questions about housing in this Germantown, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20876.

1

What is the average home value ZIP Code 20876?

The median home value in ZIP Code 20876 (Germantown, MD) is $413,400.
2

Are homes expensive in ZIP Code 20876?

The median home value in 20876 ($413,400) is an estimated 31% higher than the aggregate median value of $314,800 in Maryland, and is 90% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 20876?

The vacacy rate for owner-occupied housing in ZIP Code 20876 is 2.1%. This rate is 24% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 20876 vacancy rate is 31% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 20876 have older homes or newer construction?

In ZIP Code 20876, about 33.5% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 28.0% of homes in the region were built in 1980 to 1989. In contrast, 0.3% of homes in 20876 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 20876? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 20876 than renter-occupied housing. Owner-occupied units make up 66.3% of housing, compared to 33.7% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 20876?

The vacacy rate for rental units in ZIP Code 20876 is 4.1%. This rate is 32% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 20876 vacancy rate is 32% lower than the entire U.S. vacancy rate of 6.0%.