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Montgomery News

Wednesday, August 6, 2025

Germantown home prices rise in May 2018

Webp realestate4

The median sale price of a home sold in May 2018 in Germantown rose by $5,100 while total sales increased by 1.9%, according to BlockShopper.com.

In May 2018, there were 109 homes sold, with a median sale price of $355,000 - a 1.5% increase over the $349,900 median sale price for the same period of the previous year. There were 107 homes sold in Germantown in May 2017.

The median sales tax in Germantown for the most recent year with available data, 2016, was $3,915, approximately 1.1% of the median home sale price for May 2018.

The following table compares Germantown to other Montgomery County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
North Kensington16160%$445,750$492,500-9.5%
Forest Glen104150%$437,500$539,500-18.9%
Cloverly710-30%$431,000$412,9254.4%
Calverton512-58.3%$420,000$366,50014.6%
Burtonsville111010%$420,000$340,66423.3%
Damascus2324-4.2%$415,000$373,50011.1%
White Oak161414.3%$415,000$358,25015.8%
Wheaton-Glenmont4851-5.9%$379,000$356,0006.5%
Germantown1091071.9%$355,000$349,9001.5%
Fairland1316-18.8%$355,000$306,50015.8%
Montgomery Village81783.8%$329,900$299,50010.2%

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