In September 2021, there were 14 homes sold, with a median sale price of $605,000 - a 24.8% increase over the $484,900 median sale price for the same period of the previous year. There were 11 homes sold in Kemp Mill in September 2020.
The median sales tax in Kemp Mill for the most recent year with available data, 2020, was $4,745, approximately 0.8% of the median home sale price for September 2021.
The following table compares Kemp Mill to other Montgomery County cities with similar median sale prices in September 2021:
| City | Sept. 2021 Home Sales | Sept. 2020 Home Sales | % change (Total Home Sales) | Sept. 2021 Median Sales Price | Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Kensington | 12 | 12 | 0% | $863,500 | $650,500 | 32.7% |
| North Potomac | 25 | 15 | 66.7% | $830,000 | $790,000 | 5.1% |
| Colesville | 22 | 19 | 15.8% | $700,000 | $535,000 | 30.8% |
| Brookeville | 3 | 4 | -25% | $680,000 | $707,500 | -3.9% |
| Olney | 31 | 42 | -26.2% | $640,000 | $511,000 | 25.2% |
| Kemp Mill | 14 | 11 | 27.3% | $605,000 | $484,900 | 24.8% |
| Silver Spring | 64 | 46 | 39.1% | $577,500 | $491,250 | 17.6% |
| Cloverly | 10 | 10 | 0% | $565,000 | $517,500 | 9.2% |
| Derwood | 18 | 13 | 38.5% | $562,500 | $525,000 | 7.1% |
| Poolesville | 12 | 12 | 0% | $560,455.50 | $603,750 | -7.2% |
| Rockville | 61 | 45 | 35.6% | $555,000 | $490,000 | 13.3% |
Alerts Sign-up