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Montgomery News

Wednesday, November 27, 2024

November 2021: White Oak experienced a 16.1% increase in median home prices

Realestate5

The median sale price of a home sold in November 2021 in White Oak rose by $74,500 while total sales increased by 35.7%, according to BlockShopper.com.

In November 2021, there were 19 homes sold, with a median sale price of $537,000 - a 16.1% increase over the $462,500 median sale price for the same period of the previous year. There were 14 homes sold in White Oak in November 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 November 2021.

The following table compares White Oak 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)
Kemp Mill218162.5%$573,000$530,0008.1%
Silver Spring746317.5%$560,750$517,2008.4%
Derwood311693.8%$560,000$447,67525.1%
Cloverly176183.3%$553,000$548,2500.9%
Olney3940-2.5%$550,000$598,500-8.1%
White Oak191435.7%$537,000$462,50016.1%
Laytonsville42100%$534,500$617,500-13.4%
Gaithersburg1108332.5%$513,000.50$425,00020.7%
Calverton151225%$505,000$445,00013.5%
Rockville615217.3%$500,000$580,000-13.8%
Aspen Hill7637105.4%$490,000$468,0004.7%

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