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Tuesday, November 26, 2024

What happened to the median home price in Wheaton-Glenmont during November 2021?

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The median sale price of a home sold in November 2021 in Wheaton-Glenmont rose by $32,500 while total sales increased by 62.2%, according to BlockShopper.com.

In November 2021, there were 60 homes sold, with a median sale price of $462,500 - a 7.6% increase over the $430,000 median sale price for the same period of the previous year. There were 37 homes sold in Wheaton-Glenmont in November 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 November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Poolesville8633.3%$489,950$636,000-23%
Damascus35329.4%$485,000$451,5007.4%
Forest Glen17988.9%$480,000$390,50022.9%
Burtonsville811-27.3%$467,500$450,0003.9%
Ashton-Sandy Spring56-16.7%$463,000$679,500-31.9%
Wheaton-Glenmont603762.2%$462,500$430,0007.6%
North Bethesda715724.6%$460,000$477,500-3.7%
Fairland312240.9%$391,000$406,500-3.8%
Montgomery Village1249629.2%$351,000$308,50013.8%
Germantown16112232%$351,000$345,0001.7%
Friendship Village115120%$345,000$325,0006.2%

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