How much do homeowners pay a month in Redland, MD?

Homeowners with a mortgage in Redland, MD pay a median of $2,747 (±$124) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $801 (±$46).

66.8% of owned homes carry a mortgage.

In Redland, the median monthly cost with a mortgage went from $2,241 in 2015–2019 to $2,747 in 2020–2024 (+22.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$2,747 (±$124)
Without a mortgage
$801 (±$46)
Owned with a mortgage
66.8%

Monthly owner costs in Redland

Median selected monthly owner costs, estimate (90% margin of error)
RedlandMontgomery CountyMarylandUnited States
With a mortgage$2,747 (±$124)$2,929 (±$28)$2,347 (±$8)$1,963
Without a mortgage$801 (±$46)$986 (±$14)$753 (±$4)$638
Owned homes with a mortgage66.8% (±5.2 points)70.4% (±0.7 points)71.0% (±0.3 points)60.6%
Median real estate taxes (a year)$4,390 (±$219)$5,539 (±$62)$4,093 (±$21)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Redland, the median cost with a mortgage is lower than in Montgomery County ($2,929).

It is also higher than in Maryland ($2,347).

It is higher than the national figure ($1,963).

In Montgomery County, Redland ranks 43 of 59 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 93 of 381.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Redland have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$2,241 (±$84)$2,747 (±$124)+22.6%No measurable change after inflation
Median real estate taxes$3,918 (±$206)$4,390 (±$219)+12.0%Down after inflation
Median home value$418,500 (±$15,801)$540,200 (±$27,895)+29.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Redland

Nearest places with a published estimate, compared with Redland
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Redland—$2,747 (±$124)—
Derwood1.3 mi$2,643 (±$321)Not measurably different
Washington Grove1.6 mi$2,868 (±$355)Not measurably different
Gaithersburg2.9 mi$2,777 (±$97)Not measurably different
Flower Hill3.2 mi$2,503 (±$138)Lower
Rockville3.4 mi$3,035 (±$124)Higher
Olney4.0 mi$3,028 (±$91)Higher
Aspen Hill4.4 mi$2,593 (±$93)Not measurably different
Leisure World4.6 mi$2,039 (±$243)Lower

Nearby places with a measurably lower figure: Flower Hill, MD ($2,503), Leisure World, MD ($2,039).

Nearby places with a measurably higher figure: Rockville, MD ($3,035), Olney, MD ($3,028).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Montgomery County, place by place

RankPlaceMedian monthly cost with a mortgage
37Washington Grove$2,868 (±$355)
38Silver Spring$2,845 (±$93)
39Layhill$2,841 (±$279)
40Four Corners$2,808 (±$85)
41Gaithersburg$2,777 (±$97)
42Hillandale$2,755 (±$108)
43Redland$2,747 (±$124)
44Forest Glen$2,732 (±$305)
45 (tie)Glenmont$2,718 (±$138)
45 (tie)Kemp Mill$2,718 (±$165)
47White Oak$2,688 (±$136)
48North Kensington$2,672 (±$154)
49Damascus$2,671 (±$186)

Showing 13 of 59 places in Montgomery County, ranked from highest to lowest.

Redland is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Redland

What is the average mortgage payment in Redland?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Redland, MD is $2,747 (±$124) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Redland?

Owners without a mortgage in Redland pay a median of $801 (±$46) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Redland gone up?

In Redland, the median monthly cost with a mortgage went from $2,241 in 2015–2019 to $2,747 in 2020–2024 (+22.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Redland CDP, Maryland (place:65312, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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