What Does $750K Get You in Rockville?

If you have a home shopping budget of $750,000 and you’re looking for a place within easy commuting distance to Washington D.C., this is for you.

In our opinion, yes! In a recent post, we covered the top pros and cons of moving to Rockville. Pros include the career outlook and job market, outdoor activities and parks, and the city’s overall safety. Cons include traffic, climate change risk, and a cost of living higher than the U.S. average.

It seems like the cost of living is on everyone’s mind these days. That’s why it’s important to note that although Rockville's COL is 40% higher than the U.S. overall, it’s still a great choice if you need to live near Washington D.C. The cost of living here is much lower than it is in other D.C. suburbs like Bethesda and Potomac, and it’s also lower than D.C.’s.

Rockville has remained in a seller’s market for more than a year. This means it favors sellers, who enjoy more options, negotiation power, and overall better conditions. Homes usually sell quickly and at high prices due to competition between buyers.

It’s not all bad news for buyers, though. Matching the national trend, the real estate tide is shifting in Rockville. Last month, the number of homes sold for over the asking price dipped to just 30.4%, down 7.8 points year-over-year. The amount of time the average home stays on the market has risen too—up to 39 days. That’s five more than in October 2021 and a sharp increase from the 7-day low in May 2022. These changes indicate that buyers could soon take the lead here as they already have in other U.S. markets.

In Rockville, $750,000 will buy you a home with four to five bedrooms, three bathrooms, and around 2,800 square feet. There are options for those seeking a variety of lifestyles, including large single-family homes, modern condos, and convenient townhomes. Around the $750,000 price point, you can find historic and colonial homes as well as luxury new construction properties. No matter what you’re looking for, get in touch and we’ll help you find your dream home in Rockville.

Looking for a great deal on a home in Rockville? Check out these 7 homes available now.

4 bedrooms, 3.5 bathrooms, 1,659 square feet
Listed by Eric Peek SR. • Peek Properties
Listed by Robin Wolfson • Peek Properties
BRIGHT MLS #MDMC2079032

4 bedrooms, 3 bathrooms, 2,700 square feet
Listed by Carl Albert • NextHome Envision, 301-881-6398 (broker)
Listed by Chris Maloney • NextHome Envision, 301-881-6398 (broker)
BRIGHT MLS #MDMC2060890

3 bedrooms, 2 bathrooms, 1,519 square feet
Listed by Victor Llewellyn • Long & Foster Real Estate, Inc.
Listed by Paul Llewellyn • Long & Foster Real Estate, Inc.
BRIGHT MLS #MDMC2078168

4 bedrooms, 3 bathrooms, 2,153 square feet
Listed by Meg Percesepe • Washington Fine Properties, LLC
Listed by Alison Shutt • Washington Fine Properties, LLC
BRIGHT MLS #MDMC2081040

3 bedrooms, 3 bathrooms, 1,950 square feet
Listed by Pat Cunningham • Compass
BRIGHT MLS #MDMC2081182

3 bedrooms, 3.5 bathrooms, 1,980 square feet
Listed by Thomas Wilson • Long & Foster Real Estate, Inc.
BRIGHT MLS #MDMC2079632

5 bedrooms, 2 bathrooms, 2,396 square feet
Listed by Paul Katrivanos • RE/MAX Plus
BRIGHT MLS #MDMC2078328

We’re ready to help. We specialize in doing the undoable, whether that’s finding a specific home in a specific location, buying and selling at the same time, or another real estate scenario as unique as you are. Our team of real estate agents is experienced and knowledgeable, and we have what it takes to make your real estate goals a reality. Get in touch to get started.

All listings courtesy of BRIGHT MLS.
Last updated on 1/27/2023 at 6:37PM.

Did any of these Rockville homes catch your eye? Let us help you schedule a date and time for a showing—give us a call today at 301-781-7525.