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Montgomery News

Tuesday, August 5, 2025

Rising home prices in Friendship Village in January 2022

Webp re 13

The median sale price of a home sold in January 2022 in Friendship Village rose by $282,500 while total sales increased by 75%, according to BlockShopper.com.

In January 2022, there were seven homes sold, with a median sale price of $565,000 - a 100% increase over the $282,500 median sale price for the same period of the previous year. There were four homes sold in Friendship Village in January 2021.

The median sales tax in Friendship Village for the most recent year with available data, 2020, was $2,877, approximately 0.5% of the median home sale price for January 2022.

The following table compares Friendship Village to other Montgomery County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Cloverly910-10%$609,999$490,00024.5%
Derwood222010%$594,000$478,00024.3%
Colesville1226-53.8%$589,750$518,50013.7%
North Kensington1217-29.4%$576,250$555,0003.8%
Clarksburg201811.1%$573,499.50$487,50017.6%
Friendship Village7475%$565,000$282,500100%
Takoma Park161414.3%$559,950$578,000-3.1%
Hillandale3250%$540,000$646,900-16.5%
Olney38380%$522,500$509,0002.7%
Kemp Mill11110%$520,000$480,0008.3%
Silver Spring53513.9%$500,000$450,00011.1%

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