The story of this market
The typical home in ZIP 21720 sells for about $625,419, or $246 per square foot.
Prices are roughly flat from a year ago (+0.5%), a market in balance. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $2,997 a month.
ZIP 21720
The Clarksburg housing market remains stable with a median home value of approximately $625,419. Demand is supported by strong local income levels and proximity to the I-270 tech corridor, though inventory remains tight. Market conditions are currently balanced, reflecting steady growth in both property values and new construction.
This ZIP is ideal for families and commuters seeking a balance of modern suburban housing and access to the I-270 employment corridor.
Median prices moved up 0.5% year over year.
Homes spend a median of 30 days on market with 2.0 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 3.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 20871, Montgomery County MD
The area is served by the Montgomery County Public Schools system, which is generally characterized by high academic performance and strong community support.
The area faces standard regional risks for severe storms and flooding, with insurance premiums influenced by Maryland's broader climate-risk profile.
Clarksburg features significant new residential construction and mixed-use development, supported by its proximity to the I-270 technology corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Residents primarily commute via I-270, providing access to employment hubs in Germantown, Rockville, and Washington, D.C.
The area offers access to Little Bennett Regional Park, Black Hill Regional Park, and various local trails and community golf facilities.
The rental market is characterized by high demand for modern townhomes and apartments, with rents trending upward due to limited vacancy.
The local economy is driven by the technology, biotech, and professional services sectors along the I-270 corridor.
Ongoing development of residential subdivisions and commercial infrastructure continues to expand the community footprint.
Parcels are subject to Montgomery County property taxes and various local utility and special service district assessments.
Property insurance premiums are stable but reflect regional exposure to severe weather events.
Data retrieved from Census ACS and local market profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Large regional park with extensive hiking and equestrian trails.
Features Little Seneca Lake for boating, fishing, and picnic areas.
Major regional shopping destination located within the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.