Why Live in Aspen Hill
Aspen Hill residents don't need a local government or community association to encourage them to gather. Rather than organized communitywide events, this Maryland suburb 7 miles north of Washington, D.C., thrives on hyperlocal events. For example, resident Molly Carter has put up flyers on her street for years, inviting neighbors to what she calls front yard parties. When the weather is nice, she throws together pop-up events, which can be happy hour socials for adults or s'mores roasting for kids. "Instead of hiding in our backyard, we get people out to the front yards," says Carter, a Realtor at Long & Foster Real Estate. Aspen Hill isn't a city; it's a collection of subdivisions and shopping centers in Montgomery County. Still, Carter says residents take it upon themselves to create a feeling of community. "If you're having car trouble, three people will stop. It's nice to belong to a community that's in tune with each other."
According to the U.S. Census, Aspen Hill's population grew from a little over 48,000 in 2011 to just over 54,000 in 2022. Montgomery County is well known as a bioscience industry hub, with major government and private employers lining Interstate 270,
Home Trends in Aspen Hill, MD
On average, homes in Aspen Hill, MD sell after 23 days on the market compared to the national average of 50 days. The median sale price for homes in Aspen Hill, MD over the last 12 months is $551,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$551,000
Median Single Family Sale Price
$665,000
Median Townhouse Sale Price
$485,000
Median 2 Bedroom Sale Price
$245,000
Median 1 Bedroom Sale Price
$195,000
Average Price Per Sq Ft
$254
Number of Homes for Sale
25
Last 12 months Home Sales
196
Median List Price
$550,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%