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Maryland State Wire

Wednesday, April 23, 2025

Germantown home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Germantown rose by $34,590 while total sales increased by 72.2%, according to BlockShopper.com.

In October 2017, there were 93 homes sold, with a median sale price of $340,000 - a 11.3% increase over the $305,411 median sale price for the same period of the previous year. There were 54 homes sold in Germantown in October 2016.

The median sales tax in Germantown for the most recent year with available data, 2016, was $3,915, approximately 1.2% of the median home sale price for October 2017.

The following table compares Germantown 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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