What a livable community! Considering the access to world-class employment, entertainment, recreation, education and more than 100 local and affordable restaurants, Wheaton-Glenmont is surprisingly unassuming. Wheaton and Glenmont are unincorporated communities in Maryland's Montgomery County, 15 miles north of Washington, D.C. Amid quaint tree-lined streets and easy-going ambiance home buyers can find everything from 1950s-era, single-family homes to townhomes and modern condominiums. The area's 62,000 friendly residents thrive in the right mix of residential neighborhoods and retail/commercial.
Glenmont is the end of the Metro's Red Line subway so commuters always get a seat! Wheaton and Forest Glen stations also offer easy commutes into Washington and Northern Virginia. Plus no car is needed to see theater, concerts, movies or root for the Capitols, Wizards, DC United or Nationals sports teams. The Shakespeare Theater, Smithsonian American Art Museum, Verizon Center, Penn Square and Chinatown are right at the Gallery Place Metro ? you don't even change trains. Catholic University, downtown Silver Spring, and Westfield Shoppingtown mall at Wheaton are even closer, with Washington's National Zoo, cultural activities, shopping and nightlife all within easy reach. Metro's Purple Line will give Wheaton-Glenmont residents a shortcut to foodie-heaven Bethesda, plus speedy access to the University of Maryland at College Park.
By car, the Wheaton-Glenmont area is convenient to Interstate 495, Connecticut and Georgia Avenues and the Intercounty Connector highway will link I95 and I270. These major roads provide convenient access to everything from area airports to Washington Redskins football games.
Wheaton-Glenmont Real Estate Market: Local Home Prices
Prospective buyers of Wheaton-Glenmont real estate will be pleased with the selection of single-family homes, condominiums and townhomes tucked into the forested landscape of Wheaton-Glenmont's suburban neighborhoods. Retail and commercial activity is mainly concentrated in just a few areas, so that the residential neighborhoods enjoy a nice sense of privacy.
Prices for detached, single-family homes in Wheaton-Glenmont range from the mid-$200,000s up to the mid-$800,000s. Although the homes vary in style ? traditional, contemporary, rambler, split-level and Cape Cod to name a few ? they do share certain characteristics. Basements are common, as are hardwood floors, multistory floor plans and fenced lots. Many homes in Wheaton-Glenmont also have a lovely mid-century charm about them. Condominiums and townhouses in the Wheaton-Glenmont area are generally priced between $175,000 and $450,000.
Wheaton-Glenmont Real Estate Stats and Trends for the week of October 19th, 2019: homes priced around $406,619 compared to $407,060 the previous week, for a slight decrease of less 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%.