What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
The DC Homebuyer Versus The Montgomery County Homebuyer
✉️ Want to forward this article? Click here.
![](https://assets.urbanturf.com/dc/images/blog/2020/03/7204-holly550.jpg)
The typical homebuyer in DC and Montgomery County is younger and has a higher income than buyers in the rest of the country.
This was one of several nuggets of demographic information released in a recent analysis by the National Association of Realtors that delves into who the typical buyers and sellers are in the DC area.
![](https://assets.urbanturf.com/dc/images/blog/2020/03/comp-buyers2.jpg)
More specifically, the median homebuyer in DC is 38, five years younger than the median homebuyer in Montgomery County. Millennials, defined as 22-40 years old, comprise over half of buyers in DC and just over one-third of buyers in Montgomery County.
story continues below
loading...story continues above
The typical DC buyer has a higher income and purchases a higher-priced home than the typical Montgomery County buyer, although DC buyers are only getting a 1,600 square-foot two-bedroom compared to the Montgomery County buyer's 2,300 square-foot three-bedroom. DC homebuyers purchase apartment-style units at twice the rate of Montgomery County homebuyers; over half of purchases in Montgomery County are detached houses.
![](https://assets.urbanturf.com/dc/images/blog/2020/03/comp-sellers.jpg)
The analysis also supposes what the potential home-seller looks like in each jurisdiction. Both the age and income gaps would narrow, with the average DC seller earning $145,000 at 51 years old compared to the average Montgomery County seller earning $154,000 at 54 years old.
See other articles related to: dc homebuyers, montgomery county homebuyers, national association of realtors
This article originally published at https://dc.urbanturf.com/articles/blog/the-dc-homebuyer-versus-the-montgomery-county-buyer/16634.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro