New - 6 days on Rocket
$2,553 Closing Credit¹
Ellie S Hitt, Listing Office: RE/MAX Realty Centre, Inc.
Forest Glen Housing Market Report December 2024•Montgomery County, Maryland
Housing Prices in Forest Glen, MD
How much do homes in Forest Glen, MD cost?
Housing Market Conditions
Is Forest Glen, MD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Forest Glen is a Seller's Market
Difference Since December 2023
At the same time last year, Forest Glen was a Neutral Market.
Insight
Forest Glen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$565,000$310/SqFt
+$150,000
+36.1%
Based on all homes sold in the last 12 months
Insight
Homes in Forest Glen have sold for 36.1% more than they did a year ago.
Summary: The median home sold price in Forest Glen was $565,000 in December 2024, up 36.1% from last year, and the median price per square foot was $310.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Forest Glen | $415K | $565K | +36.1% |
| Kemp Mill | $564.5K | $590K | +4.5% |
| Silver Spring | $612.5K | $620.5K | +1.3% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $195K | $167.5K | -14.1% |
| 22 Bedrooms | $240.2K | $240K | -0.1% |
| 33 Bedrooms | $541K | $571.5K | +5.6% |
| 44 Bedrooms | $659.5K | $745K | +13.0% |
| 55+ Bedrooms | $1.0M | $1.0M | -1.2% |
Summary: Forest Glen housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -14.1%. The home price for 2 bedroom homes decreased by -0.1%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes increased by +13.0%. The home price for 5 bedroom homes decreased by -1.2%.
Housing supply in Forest Glen, MD
How many homes are available in Forest Glen, MD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthDec 2024 | ||
| 202 months agoNov 2024 | -20.0 % Change MoMNov – Dec |
Summary: The Forest Glen real estate market had 16 homes for sale in Dec 2024, a 20.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 102 months agoNov 2024 | -50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 6 | 4 | -33.3% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 7 | 6 | -14.3% |
| 44 Bedrooms | 1 | 3 | +200.0% |
| 55+ Bedrooms | 2 | 0 | -100.0% |
Summary: Forest Glen housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes increased by +200.0%. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in Forest Glen, MD cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Forest Glen, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Forest Glen in December 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.
Days on Market for Forest Glen, MD
How long does it take to sell a home in Forest Glen, MD?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Forest Glen are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Forest Glen; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 14 DaysThis YearDec 2024 | ||
| 34 Days1 year agoDec 2023 | -58.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Forest Glen had an average listing age of 14 days in Dec 2024, down by 58.2% compared to the previous year.
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Newest Listings in Forest Glen, MD
What homes are available in Forest Glen, MD?
$3,206 Closing Credit¹
Sarah A. Reynolds, Listing Office: Keller Williams Chantilly Ventures
$2,244 Closing Credit¹
Kyle Thrush, Listing Office: Cummings & Co. Realtors
$2,850 Closing Credit¹
Modesto O Fermin, Listing Office: RE/MAX Excellence Realty
$10,000 Closing Credit¹
Richard S Mehring, Listing Office: Long & Foster Real Estate, Inc.
$3,384 Closing Credit¹
Sarah A. Reynolds, Listing Office: Keller Williams Chantilly Ventures
$8,312 Closing Credit¹
Arefa Husain, Listing Office: Fairfax Realty Premier
$3,634 Closing Credit¹
Susan Sonnesyn Brooks, Listing Office: Long & Foster Real Estate, Inc.
Backup offers
$2,666 Closing Credit¹
Carolyn Simpkins, Listing Office: Weichert, REALTORS
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.