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Montgomery News

Tuesday, November 26, 2024

Home prices increased in White Oak during 2021

Re 7

The median sale price of a home sold in 2021 in White Oak rose by $55,000 while total sales increased by 28%, according to BlockShopper.com.

From January through December of 2021, there were 224 homes sold, with a median sale price of $525,000 - a 11.7% increase over the $470,000 median sale price for the previous year. There were 175 homes sold in White Oak in 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 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Cloverly1359936.4%$554,000$490,00013.1%
Rockville83263431.2%$540,000$507,5006.4%
Clarksburg23117631.3%$535,000$494,9508.1%
Dickerson161233.3%$534,500$363,75046.9%
North Kensington22218222%$530,000$489,5008.3%
White Oak22417528%$525,000$470,00011.7%
Poolesville1158830.7%$480,000$455,7005.3%
Aspen Hill77455340%$475,000$428,00011%
North Bethesda90067633.1%$470,000$480,000-2.1%
Forest Glen17712245.1%$470,000$479,950-2.1%
Gaithersburg1,23793732%$465,000$422,90010%

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