Garrett Park, MD · Market Data

Garrett Park, Maryland real estate market data.

Real estate market data for Garrett Park, MD (Montgomery County) — Census median home value $994,200, county listing prices down about 8.3% over the past year.

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Garrett Park, MD is in Montgomery County, Maryland — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 872, with a median household income of $250,001. Census data puts Garrett Park's median home value at $994,200 (all owner-occupied homes); Montgomery County's current median listing price runs $619,250, down about 8.3% over the past year.

At a glance

Garrett Park market snapshot

Population

872

Median Household Income

$250,001

Median Home Value (city)

$994,200

Median Listing Price (Montgomery County)

$619,250

Median Gross Rent

$2,750/mo

Price Trend (YoY)

-8.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Garrett Park

What makes Garrett Park different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Garrett Park's median home value — across all owner-occupied homes, not just recent sales — at $994,200. Separately, Montgomery County's current median listing price (via Realtor.com data, 2026-06-01) runs $619,250. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Montgomery County's FHFA house price index shows a 1.32% annual change in 2025.

Population & Income

Garrett Park has an estimated population of 872 and a median household income of $250,001, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Garrett Park's Census-reported median home value works out to about 4.0x the area's median household income, and median gross rent runs roughly 13% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Garrett Park FAQ

What are home values like in Garrett Park, MD?

The Census Bureau's American Community Survey puts Garrett Park's median home value at $994,200. Montgomery County's current median listing price runs $619,250, down about 8.3% over the past year.

What is the population of Garrett Park, MD?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Garrett Park's population at approximately 872.

What's the median rent in Garrett Park, MD?

The Census ACS estimates median gross rent in Garrett Park at approximately $2,750 per month.

What is the median household income in Garrett Park, MD?

Census ACS data puts the median household income in Garrett Park at approximately $250,001.

Is the Garrett Park housing market growing?

Montgomery County's FHFA house price index shows a 1.32% annual change in 2025.

Is Garrett Park, MD affordable relative to income?

Census ACS data puts Garrett Park's median home value at about 4.0 times the median household income, with median gross rent equal to roughly 13% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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