How much is a home worth in ZIP code 20854?

The typical home in 20854 is worth $1,311,568, based on the Zillow Home Value Index.

Are home values rising in 20854?

Home values in 20854 are down 0.6% over the past year, and up 4.3% a year over five years.

What is the typical rent in 20854?

A typical home in 20854 rents for about $3,676 a month, a gross rental yield of 3.4%.

What is the property tax rate in 20854?

The effective property tax rate in 20854 is 0.9% — roughly $11,747 a year on a typical home.

ZIP code 20854 has a population of 50,498 and a median household income of $250,001.

HousingHandbookReference data

…

U.S. ZIP Code · MD20854

Montgomery County · Washington-Arlington-Alexandria, DC-VA-MD-WV

Typical home value

$1,311,568^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.6%
5-year / yr: +4.3%
10-year / yr: +3.4%

Relative price

vs U.S.: +361.7%
vs metro: +123.4%
vs state: +191.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 20854 is worth $1,311,568 — 123.4% above the Washington-Arlington-Alexandria, DC-VA-MD-WV median. Over the past year, values have fallen 0.6%. Homes here rent for a typical $3,676 a month — a 3.4% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,676^[2]
Gross yield: 3.4%^[2]
Cap rate: 2.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $11,747^[3]

#Climate risk

FEMA National Risk Index ratings for Montgomery County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Very Low
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 50,498^[3]
Median household income: $250,001^[3]

#Migration

Household moves in and out of Montgomery County over a year, from IRS tax-return data.

Net migration: -6,074^[5]
Moved in: 26,379
Moved out: 32,453

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 6
Middle: 2
High: 1

Winston Churchill High
High · Grades 9–12 · Montgomery County Public Schools
2,203 students
Cabin John Middle
Middle · Grades 6–8 · Montgomery County Public Schools
974 students
Herbert Hoover Middle
Middle · Grades 6–8 · Montgomery County Public Schools
926 students
Bells Mill Elementary
Elementary · Grades PK–5 · Montgomery County Public Schools
591 students
Beverly Farms Elementary
Elementary · Grades K–5 · Montgomery County Public Schools
561 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.4%

Net yield (after ~40% expenses)2.0%

Annual rent$44,107

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$6,632

Loan principal$1,049,255

Down payment$262,314

Total interest paid$1,338,267

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.37

Monthly cost to own$8,709

Monthly rent$3,676

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 65th percentile^[1]
Rental yield: 11th percentile^[2]
Property tax: 61st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 20854?: The typical home in 20854 is worth $1,311,568, based on the Zillow Home Value Index.
Are home values rising in 20854?: Home values in 20854 are down 0.6% over the past year, and up 4.3% a year over five years.
What is the typical rent in 20854?: A typical home in 20854 rents for about $3,676 a month, a gross rental yield of 3.4%.
What is the property tax rate in 20854?: The effective property tax rate in 20854 is 0.9% — roughly $11,747 a year on a typical home.
Who lives in 20854?: ZIP code 20854 has a population of 50,498 and a median household income of $250,001.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

20816 vs 20854 →
Bethesda CDP, MD
Typical home
$1,314,592
Gross yield
4.1%
20197 vs 20854 →
Waterford CDP, VA
Typical home
$1,317,173
Gross yield
—
20817
Bethesda CDP, MD
Typical home
$1,325,288
Gross yield
2.9%
22027
Dunn Loring CDP, VA
Typical home
$1,329,652
Gross yield
—
20129
VA
Typical home
$1,286,624
Gross yield
—
22182
Wolf Trap CDP, VA
Typical home
$1,286,584
Gross yield
2.6%

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#Jump to section

U.S. ZIP Code · MD20854

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