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Monday, November 25, 2024

White Oak home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in White Oak rose by $20,000 while total sales increased by 2.3%, according to BlockShopper.com.

From July through September of 2018, there were 45 homes sold, with a median sale price of $430,000 - a 4.9% increase over the $410,000 median sale price for the same period of the previous year. There were 44 homes sold in White Oak in the third quarter of 2017.

The median sales tax in White Oak for the most recent year with available data, 2016, was $4,454, approximately 1% of the median home sale price for the third quarter of 2018.

The following table compares White Oak to other Montgomery County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Hillandale52150%$466,500$439,0006.3%
Poolesville32313.2%$460,000$410,00012.2%
Cloverly362356.5%$455,500$445,0002.4%
North Kensington654641.3%$445,000$425,0004.7%
Kemp Mill504219%$435,500$412,5005.6%
White Oak45442.3%$430,000$410,0004.9%
Aspen Hill136176-22.7%$428,000$400,0007%
Calverton272035%$419,000$397,5005.4%
Damascus877516%$400,000$386,6753.4%
Wheaton-Glenmont1561560%$393,500$361,0009%
Germantown32328612.9%$375,000$332,50012.8%

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