Is Germantown, MD 20874 a buyer’s or seller’s market?

The Germantown housing market right now

In the three months ending August 31, 2026, 35% of homes in Germantown, MD 20874 sold above their list price, the typical home went under contract in 35 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 196 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (37% then), homes sold about as fast and the median sale price rose 5% to $449,805. Overall, Germantown is about as competitive as it was a year ago.

Within Montgomery County, homes here sell faster than in 66% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Germantown ranks #90 of 241 MD ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Garrett Park 20896 (0% sold over asking) or Washington Grove 20880 (0% sold over asking), while Silver Spring 20905 (74% sold over asking) and Boyds 20841 (51% sold over asking) are even more competitive.