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Monday, November 25, 2024

Wheaton-Glenmont home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Wheaton-Glenmont rose by $25,000 while total sales increased by 67.6%, according to BlockShopper.com.

In August 2018, there were 62 homes sold, with a median sale price of $395,000 - a 6.8% increase over the $370,000 median sale price for the same period of the previous year. There were 37 homes sold in Wheaton-Glenmont in August 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 August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Damascus24240%$432,500$383,337.5012.8%
White Oak201353.8%$430,000$450,000-4.4%
Kemp Mill2912141.7%$427,000$407,5004.8%
Aspen Hill5559-6.8%$427,000$395,0008.1%
Calverton69-33.3%$404,500$390,0003.7%
Wheaton-Glenmont623767.6%$395,000$370,0006.8%
Germantown1257762.3%$380,000$362,0005%
Fairland189100%$344,950$350,000-1.4%
Burtonsville168100%$335,750$359,950-6.7%
Montgomery Village927227.8%$312,500$293,499.506.5%
Dickerson110%$230,000$200,00015%

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