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Sunday, November 17, 2024

Wheaton-Glenmont home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Wheaton-Glenmont rose by $34,170 while total sales increased by 8.9%, according to BlockShopper.com.

In October 2018, there were 49 homes sold, with a median sale price of $400,670 - a 9.3% increase over the $366,500 median sale price for the same period of the previous year. There were 45 homes sold in Wheaton-Glenmont in October 2017.

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 October 2018.

The following table compares Wheaton-Glenmont to other Montgomery County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Poolesville912-25%$437,805$373,00017.4%
Clarksburg1012-16.7%$436,500$510,224.50-14.4%
Hillandale110%$430,000$354,00021.5%
Forest Glen550%$420,000$480,000-12.5%
White Oak11110%$408,000$385,0006%
Wheaton-Glenmont49458.9%$400,670$366,5009.3%
Damascus2328-17.9%$393,000$396,450-0.9%
Calverton10742.9%$388,750$345,00012.7%
Boyds21100%$367,500$845,000-56.5%
Fairland1011-9.1%$361,500$325,00011.2%
Burtonsville610-40%$345,450$364,500-5.2%

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