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Sunday, November 17, 2024

White Oak home prices rise in October 2020

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The median sale price of a home sold in October 2020 in White Oak rose by $32,000 while total sales increased by 155.6%, according to BlockShopper.com.

In October 2020, there were 23 homes sold, with a median sale price of $477,000 - a 7.2% increase over the $445,000 median sale price for the same period of the previous year. There were nine homes sold in White Oak in October 2019.

The median sales tax in White Oak for 2020 was $4,665. In 2019, the median sales tax was $4,577. This marks an increase of 1.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares White Oak to other Montgomery County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Colesville232015%$515,000$469,9959.6%
Hillandale23-33.3%$509,000$485,0004.9%
North Kensington1618-11.1%$496,000$435,00014%
Rockville694168.3%$481,260$579,000-16.9%
Kemp Mill912-25%$480,000$472,0001.7%
White Oak239155.6%$477,000$445,0007.2%
Friendship Village7475%$465,000$321,75044.5%
Clarksburg918-50%$455,500$442,5002.9%
Calverton9812.5%$444,500$410,0008.4%
Aspen Hill553557.1%$435,000$437,000-0.5%
Damascus332437.5%$430,000$378,00013.8%

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