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Sunday, November 24, 2024

How did home prices perform in White Oak during August 2021?

Realestate1

The median sale price of a home sold in August 2021 in White Oak rose by $17,250 while total sales decreased by 30%, according to BlockShopper.com.

In August 2021, there were seven homes sold, with a median sale price of $525,000 - a 3.4% increase over the $507,750 median sale price for the same period of the previous year. There were 10 homes sold in White Oak in August 2020.

The median sales tax in White Oak for the most recent year with available data, 2020, was $4,665, approximately 0.9% of the median home sale price for August 2021.

The following table compares White Oak 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)
Forest Glen141040%$582,500$517,50012.6%
North Kensington181612.5%$582,000$454,00028.2%
Silver Spring794768.1%$575,000$575,0000%
Derwood3314135.7%$570,000$566,0000.7%
Olney474211.9%$550,000$472,45016.4%
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%

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