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Maryland State Wire

Wednesday, April 23, 2025

Montgomery Village home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Montgomery Village fell by $16,000 while total sales increased by 127%, according to BlockShopper.com.

In October 2017, there were 84 homes sold, with a median sale price of $284,000 - a 5.3% decrease over the $300,000 median sale price for the same period of the previous year. There were 37 homes sold in Montgomery Village in October 2016.

The median sales tax in Montgomery Village for the most recent year with available data, 2016, was $3,117, approximately 1.1% of the median home sale price for October 2017.

The following table compares Montgomery Village to other Montgomery County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Poolesville126100%$373,000$412,000-9.5%
Wheaton-Glenmont453915.4%$366,500$340,0007.8%
Burtonsville10742.9%$364,500$280,00030.2%
Brookeville110%$360,000$270,00033.3%
Hillandale10-$354,000$0-
Calverton72250%$345,000$349,500-1.3%
Germantown935472.2%$340,000$305,410.5011.3%
Fairland11922.2%$325,000$309,0005.2%
Laytonsville41300%$307,500$795,000-61.3%
Montgomery Village8437127%$284,000$300,000-5.3%
Dickerson10-$260,000$0-

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