King Farm, Maryland
Average Home Sizes and Asking Prices
Updated On: October 19, 2019
Asking Price in 20854 - 3 Bedroom Single Family Homes
Homes for Sale in King Farm
King Farm Real Estate Listings & Homes for Sale in Maryland
Top-ranked schools, a vibrant town center, walking trails, first-class amenities ? at King Farm, everything's included! Founded in 1997, King Farm is an award-winning neo-traditional community set on 430 acres in the heart of Rockville (Montgomery County, Maryland). With its own stores, restaurants, banks, gas station, salons, dry cleaners, preschool, daycare, coffee shop, pools, fitness center, clubhouse and community center. King Farm is its own "small town" where residents can walk or bike to virtually everything, including the Metro subway system (though free shuttle buses run continuously between King Farm and the Shady Grove Red Line Metro station) for those looking to commute to Rockville, Bethesda, and DC.
King Farm is a beautifully planned, intergenerational community where the charmingly traditional real estate includes single-family homes, condominiums, townhouses, land for custom home building, and a new luxury retirement/senior-living facilities. With 45 acres of parkland, play areas, sports fields, and picnic areas, King Farm was one of three Rockville parks to receive the annual "Keep Montgomery County Beautiful" community award. Though King Farm abounds with parks and trees, it offers virtually instant access to major commuter travel routes, including Shady Grove Road, I270, and the I495 Washington beltway. The new Intercounty Connector highway will also offer a short cut across the county to I95.
The local schools couldn't be better! King Farm is part of the Montgomery County Public School district, one of the top school systems in the nation. Richard Montgomery, one of the schools serving King Farm, ranked #39 out of the nation's top 1,500 high schools in Newsweek Magazine.
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King Farm Housing
Homes for sale prices for single-family homes in planned neighborhoods and suburban areas in King Farm, MD start at $600,000 and can go over $900,000 for more spacious homes for sale. Condominiums and townhouses in King Farm start at just under $300,000 and range to the mid-$700,000s. Land and lots are available for custom design at low prices.
King Farm Real Estate Stats and Trends for the week of October 19th, 2019: homes priced around $946,000 compared to $935,333 the previous week, showing a increase of more than +1%. For Saturday, October 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.