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Friday, November 15, 2024

Wheaton-Glenmont home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Wheaton-Glenmont rose by $6,000 while total sales increased by 22.9%, according to BlockShopper.com.

In May 2019, there were 59 homes sold, with a median sale price of $385,000 - a 1.6% increase over the $379,000 median sale price for the same period of the previous year. There were 48 homes sold in Wheaton-Glenmont in May 2018.

The median sales tax in Wheaton-Glenmont for the most recent year with available data, 2016, was $3,809, approximately 1% of the median home sale price for May 2019.

The following table compares Wheaton-Glenmont to other Montgomery County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Kemp Mill219133.3%$440,000$469,000-6.2%
Poolesville990%$439,000$532,500-17.6%
Aspen Hill5565-15.4%$435,000$458,000-5%
Derwood1221-42.9%$430,000$500,000-14%
North Kensington291681.3%$430,000$445,750-3.5%
Calverton8560%$405,000$420,000-3.6%
Wheaton-Glenmont594822.9%$385,000$379,0001.6%
Damascus262313%$384,950$415,000-7.2%
Germantown103109-5.5%$375,000$355,0005.6%
Burtonsville811-27.3%$332,500$420,000-20.8%
Montgomery Village8081-1.2%$332,000$329,9000.6%

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