North Bethesda, MD Real Estate & Homes For Sale

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North Bethesda Housing Information

Index	North Bethesda	Maryland	National
Median home price	$543,000	$290,400	$184,700
Median rent asked	$1,850	$1,264	$949
Avg. people per household	2.3	2.6	2.6
Owner occupied households	51.5%	66.5%	63.6%
Renter occupied households	48.5%	33.5%	36.4%

Above, you will see a summary of real estate in North Bethesda, MD. On average, homes in North Bethesda, MD cost $543,000, a value that is 87% higher than the average in Maryland. In general terms, this results in North Bethesda, MD real estate being less affordable than Maryland real estate. On average, people who rent houses in North Bethesda, MD pay $1,850; this value is 46% higher than the average amount renters pay in Maryland. 51.5% of North Bethesda, MD residents own their own homes and, on average, each of the homes has 2.3 occupants. North Bethesda, MD real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in North Bethesda, MD is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

North Bethesda Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in North Bethesda, MD. To estimate home affordability, one method is to use the ratio of home price to median household income. The North Bethesda, MD’s median home price stands at $543,000 while $103,916 is the value of the average household income. The resulting home price to income ratio, which is 5.2x, differs from the Maryland average as the ratio is 37% higher than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in North Bethesda, MD are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in North Bethesda, MD.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Wakefield town, VA	810	$111,600	40%
Silver Hill, MD	4,802	$165,500	10%
Landover, MD	23,124	$169,000	9%
Colmar Manor, MD	1,635	$173,000	6%
Seat Pleasant, MD	4,721	$175,000	5%
North Bethesda, MD	49,971	$543,000	194%

Cities with similar population

City, State	Population	Home Price	National Avg.
Edina, MN	49,976	$424,500	130%
Saginaw, MI	49,892	$40,600	78%
Troy, NY	49,881	$144,300	22%
Country Club, FL	49,815	$167,300	9%
Bonita Springs, FL	49,807	$248,200	34%
North Bethesda, MD	49,971	$543,000	194%

Source: The North Bethesda, MD housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).