In October 2020, there were 40 homes sold, with a median sale price of $419,750 - a 3.9% increase over the $404,000 median sale price for the same period of the previous year. There were 49 homes sold in Wheaton-Glenmont in October 2019.
The median sales tax in Wheaton-Glenmont for 2020 was $4,141. In 2019, the median sales tax was $3,989. This marks an increase of 3.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.
The following table compares Wheaton-Glenmont to other Montgomery County cities with similar median sales prices in October 2020:
City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Friendship Village | 7 | 4 | 75% | $465,000 | $321,750 | 44.5% |
Clarksburg | 9 | 18 | -50% | $455,500 | $442,500 | 2.9% |
Calverton | 9 | 8 | 12.5% | $444,500 | $410,000 | 8.4% |
Aspen Hill | 55 | 35 | 57.1% | $435,000 | $437,000 | -0.5% |
Damascus | 33 | 24 | 37.5% | $430,000 | $378,000 | 13.8% |
Wheaton-Glenmont | 40 | 49 | -18.4% | $419,750 | $404,000 | 3.9% |
Gaithersburg | 97 | 47 | 106.4% | $415,000 | $515,000 | -19.4% |
Brinklow | 1 | 0 | - | $400,000 | $0 | - |
Germantown | 133 | 85 | 56.5% | $346,000 | $355,000 | -2.5% |
Burtonsville | 5 | 8 | -37.5% | $335,000 | $340,000 | -1.5% |
Montgomery Village | 94 | 78 | 20.5% | $319,950 | $318,500 | 0.5% |