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Sunday, August 3, 2025

Kemp Mill home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Kemp Mill rose by $40,150 while total sales increased by 475%, according to BlockShopper.com.

In January 2017, there were 23 homes sold, with a median sale price of $399,900 - a 11.2% increase over the $359,750 median sale price for the same period of the previous year. There were four homes sold in Kemp Mill in January 2016.

The median sales tax in Kemp Mill for the most recent year with available data, 2016, was $4,479, approximately 1.1% of the median home sale price for January 2017.

The following table compares Kemp Mill to other Montgomery County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Gaithersburg7424208.3%$424,850$414,9502.4%
Colesville2010100%$411,250$392,2004.9%
North Kensington206233.3%$407,499.50$425,000-4.1%
Takoma Park84100%$407,000$475,000-14.3%
Poolesville91800%$400,000$185,000116.2%
Kemp Mill234475%$399,900$359,75011.2%
Aspen Hill4319126.3%$398,000$357,00011.5%
Clarksburg14875%$391,250$424,500-7.8%
White Oak215320%$380,000$370,0002.7%
Wheaton-Glenmont5818222.2%$350,000$290,00020.7%
Damascus187157.1%$347,450$315,00010.3%

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