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Thursday, November 28, 2024

How did home prices perform in White Oak during the third quarter of 2021?

Realestate077

The median sale price of a home sold in the third quarter of 2021 in White Oak rose by $43,500 while total sales increased by 12.5%, according to BlockShopper.com.

From July through September of 2021, there were 54 homes sold, with a median sale price of $539,500 - a 8.8% increase over the $496,000 median sale price for the same period of the previous year. There were 48 homes sold in White Oak in the third quarter of 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 the third quarter of 2021.

The following table compares White Oak to other Montgomery County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Kemp Mill402281.8%$572,500$484,95018.1%
Cloverly412657.7%$570,000$503,00013.3%
Rockville21213063.1%$565,000$512,50010.2%
Silver Spring22913964.7%$560,000$532,0005.3%
Clarksburg725530.9%$553,000$528,0004.7%
White Oak544812.5%$539,500$496,0008.8%
North Kensington654835.4%$530,000$509,2504.1%
Forest Glen422382.6%$525,000$540,000-2.8%
Burtonsville4514221.4%$510,000$388,35031.3%
North Bethesda26017945.3%$487,500$489,000-0.3%
Gaithersburg31123134.6%$485,000$435,00011.5%

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