From January through December of 2018, there were 162 homes sold, with a median sale price of $335,000. There were 174 homes sold in Fairland in 2017, and the median sales price for the period was also $335,000.
The median sales tax in Fairland for the most recent year with available data, 2016, was $4,212, approximately 1.3% of the median home sale price for 2018.
The following table compares Fairland to other Montgomery County cities with similar median sales prices in 2018:
City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Kemp Mill | 152 | 168 | -9.5% | $439,000 | $410,000 | 7.1% |
Aspen Hill | 511 | 522 | -2.1% | $425,700 | $400,000 | 6.4% |
White Oak | 160 | 184 | -13% | $415,000 | $399,000 | 4% |
Calverton | 80 | 80 | 0% | $402,500 | $345,250 | 16.6% |
Boyds | 9 | 9 | 0% | $390,000 | $400,000 | -2.5% |
Damascus | 282 | 309 | -8.7% | $384,200 | $379,900 | 1.1% |
Wheaton-Glenmont | 542 | 622 | -12.9% | $380,000 | $360,000 | 5.6% |
Germantown | 1,026 | 1,122 | -8.6% | $360,000 | $329,450 | 9.3% |
Fairland | 162 | 174 | -6.9% | $335,000 | $335,000 | 0% |
Burtonsville | 120 | 102 | 17.6% | $332,000 | $342,000 | -2.9% |
Montgomery Village | 877 | 882 | -0.6% | $313,589 | $294,949.50 | 6.3% |