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Sunday, November 24, 2024

August 2021: Wheaton-Glenmont experienced a 10.7% increase in median home prices

Realestate5

The median sale price of a home sold in August 2021 in Wheaton-Glenmont rose by $45,000 while total sales increased by 50%, according to BlockShopper.com.

In August 2021, there were 66 homes sold, with a median sale price of $466,500 - a 10.7% increase over the $421,500 median sale price for the same period of the previous year. There were 44 homes sold in Wheaton-Glenmont in August 2020.

The median sales tax in Wheaton-Glenmont for the most recent year with available data, 2020, was $4,141, approximately 0.9% of the median home sale price for August 2021.

The following table compares Wheaton-Glenmont to other Montgomery County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
White Oak710-30%$525,000$507,7503.4%
Kemp Mill11757.1%$520,000$485,0007.2%
Damascus312055%$500,000$421,55018.6%
Aspen Hill684744.7%$497,500$429,00016%
Poolesville165220%$492,500$462,5006.5%
Wheaton-Glenmont664450%$466,500$421,50010.7%
Dickerson21100%$463,500$287,00061.5%
Gaithersburg1037439.2%$460,000$495,000-7.1%
Hillandale12-50%$420,000$700,000-40%
Burtonsville184350%$408,000$432,500-5.7%
Calverton8633.3%$406,375$389,9504.2%

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