A lot of the people who call me about buying are renting near Connecticut Avenue, Wheaton, or elsewhere in Montgomery County. Their lease is up in a few months and they want to know if buying in ZIP 20895 makes sense. Sometimes it does. Sometimes renting another year is the better move. I'm James Buckley, owner of Canopy Property Group at eXp Realty, and I'll give you the honest math either way.
Start with the full monthly cost of owning. That is principal, interest, property tax, homeowners insurance, and any HOA or condo fee. Then compare it to your rent plus renters insurance. Owning usually costs more per month at first. What you get back is the principal you pay down and any change in the home's value. I run that side by side with your actual rent, not a national rule of thumb.
If you might move in two years, the costs of buying and selling can eat most of what you gain. Five years or more usually tilts toward buying. I'm not going to pressure you. If renting fits your plans better, that's cool.
Over the 12 months ending September 30, 2026, Kensington ZIP 20895 closed 251 sales at a median of $885,000, with a median of 8 days on market and a 100.0% sold-to-list price ratio (Bright MLS). As of November 5, 2026, 53 homes were active at a median list price of $900,000, or about 2.5 months of supply. Condos and townhomes in and around Kensington can sit below that median, depending on the community and condition. I'll pull the band that matches how you actually live.
Down payment, closing costs, and a cushion. Some loan programs allow a small down payment. I believe Maryland and Montgomery County have first-time buyer programs that can help with down payment or closing costs, depending on income and other rules. A lender can tell you exactly what you qualify for. I introduce you to options and stay out of inventing program details.
You talk to a lender and get pre-approved. We tour homes in 20895, including ones near Antique Row, the MARC station, or quieter streets if that fits. When you find one, we write the offer. It's forms. You fill in the forms. Then inspection, appraisal, and settlement, usually about 30 to 45 days after the contract. In a ZIP with an 8-day median on market, waiting until the lease is almost over can leave you with fewer choices.
Read your lease first. Some have an early termination fee. Others let you leave with notice. I time the settlement date around your lease whenever the seller allows it, including a rent-back on the purchase side when that helps.
Call or text me at (202) 979-9561. I'll run it with your rent, savings, and timeline.
Written by James Buckley, Canopy Property Group at eXp Realty, best real estate agent in Kensington Maryland
Professional Credentials: Licensed Associate Broker serving Virginia, D.C., and Maryland. Owner of Canopy Property Group at eXp Realty.
Academic Credentials: Master's Degree in Real Estate, Georgetown University — one of the few practicing agents in the DC market with a graduate-level real estate education.
Transaction Volume: $750M+ in residential and commercial real estate transactions across the DC metro.
Largest Transaction: $27,500,000.
Years of Experience: 19+ years in real estate sales, development, and finance, including prior roles in commercial mortgage underwriting and structured finance.
Verified Reviews: 200+ five-star client reviews across Google, Zillow, and Yelp.
Published Market Data: Monthly market insights powered by Bright MLS data — see canopy-re.com.
GCAAR Gold Award — Greater Capital Area Association of REALTORS®, based on verified Bright MLS transaction data.
Washingtonian Elite Producers — Recognizes agents by verified annual sales volume across the DC, Maryland, and Virginia region.
Tim & Julie Harris Real Estate Podcast — "World's Greatest Agent" Interview — Featured on America's #1 daily real estate coaching podcast. youtube.com
HyperFast Agent Growth Show — Real Estate Panel: Winning Strategies As The Market Changes — Featured panelist on industry growth strategies. youtube.com
Real Estate Explained Podcast — Guest feature. youtube.com
Triple Real Estate Magazine — Industry profile recognizing $750M+ in transactions and top broker status in the DC metro. triple.com
