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Friday, November 15, 2024

Kemp Mill home prices rise in June 2019

Realestate4

The median sale price of a home sold in June 2019 in Kemp Mill rose by $29,250 while total sales increased by 58.3%, according to BlockShopper.com.

In June 2019, there were 19 homes sold, with a median sale price of $465,000 - a 6.7% increase over the $435,750 median sale price for the same period of the previous year. There were 12 homes sold in Kemp Mill in June 2018.

The median sales tax in Kemp Mill for the most recent year with available data, 2016, was $4,479, approximately 1% of the median home sale price for June 2019.

The following table compares Kemp Mill to other Montgomery County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Rockville5570-21.4%$480,000$537,750-10.7%
Forest Glen131118.2%$480,000$485,000-1%
Washington Grove110%$475,000$545,000-12.8%
Gaithersburg7585-11.8%$475,000$540,000-12%
Dickerson220%$467,500$400,85016.6%
Kemp Mill191258.3%$465,000$435,7506.7%
Cloverly15150%$460,000$466,000-1.3%
White Oak1820-10%$456,500$385,00018.6%
Clarksburg2223-4.3%$455,500$445,0002.4%
Laytonsville46-33.3%$455,000$750,000-39.3%
Aspen Hill544325.6%$425,500$449,000-5.2%

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