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Montgomery News

Tuesday, November 26, 2024

White Oak median home prices rose by 22.1% in December 2021

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The median sale price of a home sold in December 2021 in White Oak rose by $99,712 while total sales increased by 5.6%, according to BlockShopper.com.

In December 2021, there were 19 homes sold, with a median sale price of $550,000 - a 22.1% increase over the $450,288 median sale price for the same period of the previous year. There were 18 homes sold in White Oak in December 2020.

The median sales tax in White Oak for the most recent year with available data, 2020, was $4,665, approximately 0.8% of the median home sale price for December 2021.

The following table compares White Oak to other Montgomery County cities with similar median sale prices in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
South Kensington913-30.8%$675,000$787,500-14.3%
Cloverly69-33.3%$585,000$510,00014.7%
Rockville634928.6%$585,000$557,0005%
Colesville2325-8%$578,000$515,00012.2%
North Kensington151315.4%$555,000$483,00014.9%
White Oak19185.6%$550,000$450,28822.1%
Silver Spring6077-22.1%$545,000$557,777-2.3%
Derwood151315.4%$545,000$565,000-3.5%
Clarksburg1821-14.3%$541,000$500,0008.2%
Kemp Mill161060%$531,315$543,500-2.2%
Aspen Hill605313.2%$523,000$433,00020.8%

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