15211 Elkridge Way Unit 94-3C · Leisure World, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 6/10 · Moderate
- Hot days now (above 102°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 15.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +13.6/15.0
- Cash flow +7.9/30.0
- 1% rule +5.6/10.0
- Schools +3.6/10.0
- Livability +3.6/5.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
- DSCR +2.0/10.0
- Appreciation +0.0/10.0
$199,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* Also available for rent at $2,250 / month. Experience elevated living in this stunning 3rd-floor retreat located within a premier 55+ gated community. This bright two bedroom, two full bathroom and airy move-in-ready home features soaring vaulted ceilings and picturesque views that flood the space with natural light. The functional layout includes a galley kitchen with a spacious breakfast nook and pantry, plus a dedicated laundry room with ample storage. Enjoy a resort lifestyle with access to three restaurants, a fitness center, indoor/outdoor pools, and a scenic golf course with walking trails. * As is condition
Key facts
- $639 HOA
- Parking
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $200k.
Deal economics
- At list price, monthly cash flow is $-214 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $162k (19.0% below list).
- Meets the 1% rule at list price ($2k rent vs $200k).
- Recommended offer: $162k (19.0% below list) — sets the bar for cash-flow.
- Cap rate 5.0% vs local median 2.5% in Leisure World — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 71/100 on livability (#158 in MD) — a middle-class / working-renter tenant base. Strengths: housing A, employment B+, commute B; Watch: cost of living C-, health & safety C-, schools D+.
- Montgomery County Public Schools (suburban): math 27% / reading 45% proficiency, ranked #3 of 24 in MD (top 12%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents flat; 240 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,880 units permitted in Montgomery County in 2024 (2,054 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Montgomery County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 175 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 7y ago; this cycle's ask is 8767% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $155k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 30% of rent.
- Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 175 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.06% ✓
- Cap rate
- 5.00%
- Cash-on-cash
- -4.60%
- DSCR
- 0.80
- GRM
- 7.9
CMA / ARV
- ARV (median comp)
- $230,635
- List price
- $199,500
- Delta
- -13.50%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.24% rent growth · sell at horizon
- IRR
- -28.4%
- Equity multiple
- 0.08×
- Total profit
- $-51,326
- Equity at exit
- $29,746
- IRR
- -52.4%
- Equity multiple
- -0.49×
- Total profit
- $-83,007
- Equity at exit
- $17,249
Cash invested: $55,860 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 27 Tenant-Leaning
- State Maryland
- 27 Tenant-Leaning · D+14
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 20906
- Rents YoY
- 0.2%
- Active inventory
- 240
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $2,109 high interval (Pro) →
- Mortgage (P&I)
- −$1,046
- Tax from tax record
- −$112 /mo · $1,345/yr
- Insurance
- −$83
- HOA
- −$639
- Vacancy / Maint / Mgmt
- −$443
- Net cashflow
- $-214
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $49,875
- Closing costs
- $5,985
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 15310 Beaverbrook Ct Unit 89-1B Silver Spring, MD | 1.0 | 1.0 | 867 | $1,950 | $2.25 | 15d | 1 | 0.09mi |
| 2921 N Leisure World Blvd Unit 1-303 Silver Spring, MD | 1.0 | 1.5 | 803 | $1,850 | $2.30 | 18d | 1 | 0.10mi |
| 2607 Camelback Ln #6 Silver Spring, MD | 3.0 | 2.0 | 978 | $2,600 | $2.66 | 20d | 1 | 0.18mi |
| 2601 Camelback Ln #12 Silver Spring, MD | 2.0 | 2.0 | 1057 | $2,250 | $2.13 | 5d | 1 | 0.19mi |
| 14201 Woolen Oak Ct Unit 9-32 Aspen Hill, MD | 2.0 | 2.0 | 968 | $1,975 | $2.04 | 43d | 1 | 0.20mi |
| 14201 Woolen Oak Ct Unit 10-32 Aspen Hill, MD | 2.0 | 2.0 | 864 | $1,950 | $2.26 | 15d | 1 | 0.20mi |
| 15011 Candover Ct Unit 280D Silver Spring, MD | 2.0 | 2.5 | 1359 | $2,750 | $2.02 | 19d | 1 | 0.22mi |
| 2806 Clear Shot Dr #3 Silver Spring, MD | 3.0 | 2.0 | 1047 | $2,200 | $2.10 | 5d | 1 | 0.23mi |
| 2806 Clear Shot Dr Aspen Hill, MD | 3.0 | 2.0 | 1047 | $2,200 | $2.10 | 7d | 1 | 0.24mi |
| 14203 Wolf Creek Pl Unit 4-23 Silver Spring, MD | 2.0 | 2.0 | 935 | $1,850 | $1.98 | 18d | 1 | 0.24mi |
| 2800 Clear Shot Dr #5 Silver Spring, MD | 2.0 | 2.0 | 939 | $1,900 | $2.02 | 17d | 1 | 0.26mi |
| 3210 N Leisure World Blvd #514 Silver Spring, MD | 2.0 | 2.0 | 1090 | $2,350 | $2.16 | 24d | 1 | 0.38mi |
| 14905 Cleese Ct Unit E Silver Spring, MD | 3.0 | 2.0 | 1040 | $2,300 | $2.21 | 43d | 1 | 0.46mi |
| 15100 Interlachen Dr Unit 4-111 Silver Spring, MD | 1.0 | 1.0 | 945 | $2,150 | $2.28 | 24d | 1 | 0.50mi |
| 15100 Interlachen Dr Apt 815 Silver Spring, MD | 2.0 | 2.0 | 1115 | $2,300 | $2.06 | 43d | 1 | 0.50mi |
| 15101 Interlachen Dr Unit 1-820 Silver Spring, MD | 2.0 | 2.0 | 980 | $2,275 | $2.32 | 3d | 1 | 0.50mi |
| 2407 Normandy Square Pl Unit A Aspen Hill, MD | 3.0 | 2.0 | 1046 | $2,300 | $2.20 | 43d | 1 | 0.55mi |
| 3310 N Leisure World Blvd Unit 6-629 Silver Spring, MD | 1.0 | 1.0 | 850 | $1,900 | $2.24 | 43d | 1 | 0.63mi |
| 3310 N Leisure World Blvd #625 Silver Spring, MD | 2.0 | 2.0 | 1115 | $2,350 | $2.11 | 4d | 1 | 0.63mi |
| 15101 Glade Dr Unit 10-3G Silver Spring, MD | 3.0 | 2.0 | 1415 | $2,650 | $1.87 | 3d | 1 | 0.63mi |
| 2208 Wimbledon Cir Silver Spring, MD | 3.0 | 2.5 | 1376 | $2,995 | $2.18 | 18d | 1 | 0.82mi |
| 3850 Clara Downey Ave #24 Silver Spring, MD | 2.0 | 2.0 | 1040 | $2,850 | $2.74 | 18d | 1 | 0.85mi |
| 14426 Taos Ct Unit 5F Silver Spring, MD | 3.0 | 2.0 | 1371 | $2,400 | $1.75 | 15d | 1 | 1.07mi |
| 3004 Bel Pre Rd Aspen Hill, MD | 1.0–2.0 | 1.0–2.0 | 945 | $2,200 | $2.33 | 2d | 14 | 1.10mi |
| 3822 Gawayne Ter Unit 32-382 Silver Spring, MD | 3.0 | 2.5 | 1309 | $3,400 | $2.60 | 43d | 1 | 1.20mi |
| 14120 Weeping Willow Dr Silver Spring, MD | 1.0–3.0 | 1.0–2.0 | 1030 | $1,900 | $1.84 | 1d | 153 | 1.24mi |
| 3750 Bel Pre Rd Silver Spring, MD | 1.0 | 1.0 | 722 | $1,724 | $2.39 | 18d | 2 | 1.28mi |
| 4118 Peppertree Ln #4118 Silver Spring, MD | 3.0 | 2.0 | 1305 | $2,500 | $1.92 | 22d | 1 | 1.31mi |
| 4108 Peppertree Ln #4108 Silver Spring, MD | 3.0 | 2.0 | 1311 | $2,500 | $1.91 | 19d | 1 | 1.32mi |
| 14233 Grand Pre Rd Unit A1 Aspen Hill, MD | 1.0 | 1.0 | 1000 | $1,500 | $1.50 | 5d | 1 | 1.35mi |
| 2344 Red Eagle Ct #21 Silver Spring, MD | 2.0 | 1.5 | 1160 | $2,500 | $2.16 | 24d | 1 | 1.35mi |
| 14229 Grand Pre Rd #304 Aspen Hill, MD | 2.0 | 2.0 | 1000 | $1,925 | $1.93 | 24d | 1 | 1.35mi |
| 14225 Grand Pre Rd Unit A3 Aspen Hill, MD | 2.0 | 2.0 | 1000 | $1,700 | $1.70 | 5d | 1 | 1.36mi |
| 14207 Grand Pre Rd #201 Silver Spring, MD | 2.0 | 2.0 | 1000 | $1,800 | $1.80 | 5d | 1 | 1.37mi |
| 14207 Grand Pre Rd #203 Silver Spring, MD | 2.0 | 2.0 | 1000 | $1,625 | $1.62 | 5d | 1 | 1.37mi |
| 14217 Grand Pre Rd #204 Aspen Hill, MD | 1.0 | 1.0 | 745 | $1,699 | $2.28 | 24d | 1 | 1.38mi |
| 14207 Grand Pre Rd Unit 101 Silver Spring, MD | 1.0–2.0 | 1.0–2.0 | 872 | $1,975 | $2.26 | 12d | 19 | 1.41mi |
| 14301 Georgia Ave Silver Spring, MD | 1.0–3.0 | 1.0–2.5 | 935 | $2,106 | $2.25 | 2d | 51 | 1.44mi |
HOA detail condo
- Monthly dues
- $639 · $7,668/yr
- Likely covers
- poolgymsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 26 events
-
2026-06-18days on market $199,500 Active 175 DOM
-
2026-06-17days on market $199,500 Active 174 DOM
-
2026-06-16days on market $199,500 Active 173 DOM
-
2026-06-15days on market $199,500 Active 172 DOM
-
2026-06-13days on market $199,500 Active 170 DOM
-
2026-06-09days on market $199,500 Active 166 DOM
-
2026-06-08days on market $199,500 Active 165 DOM
-
2026-06-07days on market $199,500 Active 164 DOM
-
2026-06-03days on market $199,500 Active 160 DOM
-
2026-06-02days on market $199,500 Active 159 DOM
-
2026-06-01days on market $199,500 Active 158 DOM
-
2026-05-31days on market $199,500 Active 157 DOM
-
2026-05-14price $199,500 625-char remark
Show marketing remark (625 chars)
* Also available for rent at $2,250 / month. Experience elevated living in this stunning 3rd-floor retreat located within a premier 55+ gated community. This bright two bedroom, two full bathroom and airy move-in-ready home features soaring vaulted ceilings and picturesque views that flood the space with natural light. The functional layout includes a galley kitchen with a spacious breakfast nook and pantry, plus a dedicated laundry room with ample storage. Enjoy a resort lifestyle with access to three restaurants, a fitness center, indoor/outdoor pools, and a scenic golf course with walking trails. * As is condition
-
2026-05-14historical $2,250
Show marketing remark (625 chars)
* Also available for rent at $2,250 / month. Experience elevated living in this stunning 3rd-floor retreat located within a premier 55+ gated community. This bright two bedroom, two full bathroom and airy move-in-ready home features soaring vaulted ceilings and picturesque views that flood the space with natural light. The functional layout includes a galley kitchen with a spacious breakfast nook and pantry, plus a dedicated laundry room with ample storage. Enjoy a resort lifestyle with access to three restaurants, a fitness center, indoor/outdoor pools, and a scenic golf course with walking trails. * As is condition
-
2026-04-30price $205,000 625-char remark
Show marketing remark (625 chars)
* Also available for rent at $2,250 / month. Experience elevated living in this stunning 3rd-floor retreat located within a premier 55+ gated community. This bright two bedroom, two full bathroom and airy move-in-ready home features soaring vaulted ceilings and picturesque views that flood the space with natural light. The functional layout includes a galley kitchen with a spacious breakfast nook and pantry, plus a dedicated laundry room with ample storage. Enjoy a resort lifestyle with access to three restaurants, a fitness center, indoor/outdoor pools, and a scenic golf course with walking trails. * As is condition
-
2026-04-22price $209,000 625-char remark
Show marketing remark (625 chars)
* Also available for rent at $2,250 / month. Experience elevated living in this stunning 3rd-floor retreat located within a premier 55+ gated community. This bright two bedroom, two full bathroom and airy move-in-ready home features soaring vaulted ceilings and picturesque views that flood the space with natural light. The functional layout includes a galley kitchen with a spacious breakfast nook and pantry, plus a dedicated laundry room with ample storage. Enjoy a resort lifestyle with access to three restaurants, a fitness center, indoor/outdoor pools, and a scenic golf course with walking trails. * As is condition
-
2026-04-02price $213,000 625-char remark
Show marketing remark (625 chars)
* Also available for rent at $2,250 / month. Experience elevated living in this stunning 3rd-floor retreat located within a premier 55+ gated community. This bright two bedroom, two full bathroom and airy move-in-ready home features soaring vaulted ceilings and picturesque views that flood the space with natural light. The functional layout includes a galley kitchen with a spacious breakfast nook and pantry, plus a dedicated laundry room with ample storage. Enjoy a resort lifestyle with access to three restaurants, a fitness center, indoor/outdoor pools, and a scenic golf course with walking trails. * As is condition
-
2026-01-07$2,250
-
2025-12-26$218,500 Active 625-char remark
Show marketing remark (625 chars)
* Also available for rent at $2,250 / month. Experience elevated living in this stunning 3rd-floor retreat located within a premier 55+ gated community. This bright two bedroom, two full bathroom and airy move-in-ready home features soaring vaulted ceilings and picturesque views that flood the space with natural light. The functional layout includes a galley kitchen with a spacious breakfast nook and pantry, plus a dedicated laundry room with ample storage. Enjoy a resort lifestyle with access to three restaurants, a fitness center, indoor/outdoor pools, and a scenic golf course with walking trails. * As is condition
-
2025-12-18historical $218,500 625-char remark
Show marketing remark (625 chars)
* Also available for rent at $2,250 / month. Experience elevated living in this stunning 3rd-floor retreat located within a premier 55+ gated community. This bright two bedroom, two full bathroom and airy move-in-ready home features soaring vaulted ceilings and picturesque views that flood the space with natural light. The functional layout includes a galley kitchen with a spacious breakfast nook and pantry, plus a dedicated laundry room with ample storage. Enjoy a resort lifestyle with access to three restaurants, a fitness center, indoor/outdoor pools, and a scenic golf course with walking trails. * As is condition
-
2019-05-30soldstatus $155,000 Closed 476-char remark
Show marketing remark (476 chars)
55+ Gated Community. Bright, open airy and very attractive, move-in ready unit. Galley kitchen w/ large breakfast area and pantry. Laundry room with storage cabinets. Amazing amenities - fitness center, indoor and outdoor pools, 3 restaurants, golf course w/ trails. This is a HUD owned property, subject to HUD regulations and bidding procedures. HUD properties are Sold in As-Is condition. No repairs will be made by any party for any reason prior to closing. 203k eligible
-
2019-05-01status Pending 476-char remark
Show marketing remark (476 chars)
55+ Gated Community. Bright, open airy and very attractive, move-in ready unit. Galley kitchen w/ large breakfast area and pantry. Laundry room with storage cabinets. Amazing amenities - fitness center, indoor and outdoor pools, 3 restaurants, golf course w/ trails. This is a HUD owned property, subject to HUD regulations and bidding procedures. HUD properties are Sold in As-Is condition. No repairs will be made by any party for any reason prior to closing. 203k eligible
-
2019-04-22historical 476-char remark
Show marketing remark (476 chars)
55+ Gated Community. Bright, open airy and very attractive, move-in ready unit. Galley kitchen w/ large breakfast area and pantry. Laundry room with storage cabinets. Amazing amenities - fitness center, indoor and outdoor pools, 3 restaurants, golf course w/ trails. This is a HUD owned property, subject to HUD regulations and bidding procedures. HUD properties are Sold in As-Is condition. No repairs will be made by any party for any reason prior to closing. 203k eligible
-
2019-04-09$156,000 Active 476-char remark
Show marketing remark (476 chars)
55+ Gated Community. Bright, open airy and very attractive, move-in ready unit. Galley kitchen w/ large breakfast area and pantry. Laundry room with storage cabinets. Amazing amenities - fitness center, indoor and outdoor pools, 3 restaurants, golf course w/ trails. This is a HUD owned property, subject to HUD regulations and bidding procedures. HUD properties are Sold in As-Is condition. No repairs will be made by any party for any reason prior to closing. 203k eligible
-
1986-08-07soldstatus $91,000
-
1984-07-20soldstatus $94,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MD · Partial reset (capped growth)
- Current annual tax
- $1,345 · $112/mo
- Projected year-2 tax
- $1,760 · $147/mo
- Expected delta
- +$415/yr (+$35/mo · 30.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 6/10 Major 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
- Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,310
- − Mortgage interest
- −$11,175
- − Property taxes
- −$1,345
- − Insurance
- −$998
- − Repairs & maintenance
- −$2,025
- − Management
- −$2,025
- − HOA
- −$7,668
- − Depreciation
- −$5,804
- Taxable loss
- −$5,728
- Est. tax savings @ 24.0%
- +$1,375
- After-tax cash flow
- $-1,195/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Montgomery County Public Schools
- NCES district ID
- 2400480
- Math proficiency
- 27% ▼ -21.00%
- Reading proficiency
- 45% ▼ -10.00%
- Median HH income
- $97,191
- Composite
- 35.62/100
- National rank
- #4889
- State rank
- #3 of 24 in MD
Livability — Leisure World
- Score
- 71/100
- State rank
- #158
- US rank
- #7075
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Leisure World, MD
- County
- Montgomery County · 961,106 people
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Population (ZIP)
- 70,595
- Household income
- $97,521
- Rent vs Own
- Severe rent burden
- 2967.0
Population outlook (Montgomery County) Hauer SSP2
- Today (2025)
- 1,173,231 people
- By 2030
- 1,237,402 · +5.5%
- By 2040
- 1,365,115 · +16.4%
- By 2050
- 1,491,592 · +27.1%
- By 2075
- 1,803,893 · +53.8%
- By 2100
- 2,035,619 · +73.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.76)
- Race & ethnicity
- Hispanic / Latino 32% White 26% Black 25% Asian 11% Two or more races 10%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Estonian 2% Romanian 2% Scotch-Irish 1%
- Foreign-born
- 42% · Canada, South Korea, Vietnam
- Languages at home
- 46% English-only · Spanish 30% Other Indo-European 6% French/Haitian/Cajun 2%
Political lean MEDSL · Montgomery
- 2024 margin
- Solid D (+53.3) · D 75.2% · R 21.9% · Other 2.9%
- 2008→2024 swing
- +8.7pp toward D · 2008: 44.6pp · 2024: 53.3pp
- All cycles
- 2024: D+53.3 2020: D+59.6 2016: D+55.5 2012: D+43.4 2008: D+44.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -366.58%
- Current HPI
- 256.9059
- Rent YoY
- ▲ 0.24%
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- State GDP YoY
- ▲ 2.97%
- F500 in state
- 12
Industry mix (Fortune 500 HQ in MD)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Aerospace / Defense | 1 | $71B |
|
||
| Utilities | 1 | $25B |
|
||
| Hotels | 1 | $24B |
|
||
| Consumer Goods | 1 | $7B |
|
||
| Real Estate | 1 | $6B |
|
||
| Chemicals | 1 | $2B |
|
||
Price history
+112.2% since first listed14 events — show timeline
- 2026-05-14 Price Changed $199,500 BRIGHT MLS
- 2026-05-14 Rental Removed $2,250 BRIGHTMLS
- 2026-04-30 Price Changed $205,000 BRIGHT MLS
- 2026-04-22 Price Changed $209,000 BRIGHT MLS
- 2026-04-02 Price Changed $213,000 BRIGHT MLS
- 2026-01-07 Listed for Rent $2,250 BRIGHTMLS
- 2025-12-26 Listed $218,500 BRIGHT MLS
- 2025-12-18 Coming Soon $218,500 BRIGHT MLS
- 2019-05-30 Sold (MLS) $155,000 BRIGHT MLS
- 2019-05-01 Pending — BRIGHT MLS
- 2019-04-22 Listing Removed — BRIGHT MLS
- 2019-04-09 Listed $156,000 BRIGHT MLS
- 1986-08-07 Sold (Public Records) $91,000 Public Records
- 1984-07-20 Sold (Public Records) $94,000 Public Records
Property tax history
-0.7%/yrLatest (2025): $1,345 · +9.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…