From April through June of 2017, there were 43 homes sold, with a median sale price of $330,000 - a 4.8% increase over the $314,950 median sale price for the same period of the previous year. There were 39 homes sold in Fairland in the second quarter of 2016.
The median sales tax in Fairland for the most recent year with available data, 2016, was $4,212, approximately 1.3% of the median home sale price for the second quarter of 2017.
The following table compares Fairland to other Montgomery County cities with similar median sales prices in the second quarter of 2017:
| City | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Poolesville | 24 | 21 | 14.3% | $407,450 | $350,000 | 16.4% |
| White Oak | 42 | 50 | -16% | $393,900 | $400,000 | -1.5% |
| Washington Grove | 3 | 2 | 50% | $385,000 | $306,500 | 25.6% |
| Damascus | 86 | 104 | -17.3% | $378,500 | $355,500 | 6.5% |
| Calverton | 27 | 28 | -3.6% | $375,000 | $357,500 | 4.9% |
| Wheaton-Glenmont | 171 | 171 | 0% | $360,000 | $330,000 | 9.1% |
| Burtonsville | 29 | 31 | -6.5% | $356,328 | $303,000 | 17.6% |
| Dickerson | 4 | 3 | 33.3% | $350,000 | $600,000 | -41.7% |
| Germantown | 294 | 335 | -12.2% | $331,500 | $325,000 | 2% |
| Fairland | 43 | 39 | 10.3% | $330,000 | $314,950 | 4.8% |
| Montgomery Village | 214 | 240 | -10.8% | $297,612.50 | $271,000 | 9.8% |
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