Montgomery County MD Has Appreciated - Which Areas Are the Hottest?

Five areas have seen the largest percentage increase in home values this year. In order to qualify for the list, a zip code had to record at least 20 sales so far in 2024. 

The zip code where home values have risen the most this year is 20814, which encompasses downtown Bethesda and the surrounding neighborhoods. Rising prices for 4-bedroom detached houses, as well as condos and co-ops drove appreciation up nearly 20%.

The next area -- the Rockville zip code of 20852 -- saw prices rise 12% thanks also to prices increasing for larger detached houses.  The list is rounded out with three zip codes -- home to the 20816 area of Bethesda, Langley Park and portions of Silver Spring -- that all saw home values rise by around 10%-11%.