In March 2017, there were 58 homes sold, with a median sale price of $276,000 - a 5.7% increase over the $261,025 median sale price for the same period of the previous year. There were 68 homes sold in Montgomery Village in March 2016.
The median sales tax in Montgomery Village for the most recent year with available data, 2016, was $3,117, approximately 1.1% of the median home sale price for March 2017.
The following table compares Montgomery Village to other Montgomery County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Boyds | 2 | 0 | - | $373,275 | $0 | - |
| Wheaton-Glenmont | 46 | 44 | 4.5% | $369,200 | $312,500 | 18.1% |
| White Oak | 16 | 6 | 166.7% | $363,500 | $329,492.50 | 10.3% |
| Takoma Park | 9 | 10 | -10% | $352,500 | $489,500 | -28% |
| Damascus | 25 | 24 | 4.2% | $349,000 | $288,500 | 21% |
| Derwood | 12 | 7 | 71.4% | $341,500 | $410,000 | -16.7% |
| Germantown | 81 | 85 | -4.7% | $317,500 | $294,000 | 8% |
| Burtonsville | 7 | 3 | 133.3% | $316,000 | $400,000 | -21% |
| Calverton | 9 | 8 | 12.5% | $315,000 | $342,000 | -7.9% |
| Montgomery Village | 58 | 68 | -14.7% | $276,000 | $261,025 | 5.7% |
| Poolesville | 4 | 3 | 33.3% | $208,775 | $148,000 | 41.1% |
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