The 5 Zip Codes in the Maryland Suburbs With the Highest Home Price Appreciation in 2024

• October 4th 2024

by UrbanTurf Staff

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UrbanTurf is taking its semi-regular look at the areas around DC that have seen the highest home price appreciation so far in 2024. Today, we look at the close-in Maryland zip codes where prices have risen the most. 

In the table below, we outline the five areas that 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 areas of Bethesda, Langley Park and portions of Silver Spring -- that all saw home values rise by around 10%-11%. 

If you are curious about home price appreciation in a Maryland zip code not listed above, shoot us an email at editor(at)urbanturf.com and we will give you the answer. 

Photo Courtesy of Derek and Vee

This article originally published at https://dc.urbanturf.com/articles/blog/the_5_zip_codes_in_the_maryland_suburbs_with_the_highest_home_price_appreci/22787.