In August 2017, there were nine homes sold, with a median sale price of $350,000 - a 2.1% decrease over the $357,500 median sale price for the same period of the previous year. There were 15 homes sold in Fairland in August 2016.
The median sales tax in Fairland for the most recent year with available data, 2016, was $4,212, approximately 1.2% of the median home sale price for August 2017.
The following table compares Fairland to other Montgomery County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kemp Mill | 12 | 20 | -40% | $407,500 | $399,950 | 1.9% |
| North Kensington | 17 | 10 | 70% | $399,000 | $384,500 | 3.8% |
| Aspen Hill | 59 | 47 | 25.5% | $395,000 | $428,000 | -7.7% |
| Calverton | 9 | 6 | 50% | $390,000 | $373,250 | 4.5% |
| Damascus | 24 | 19 | 26.3% | $383,337.50 | $350,000 | 9.5% |
| Wheaton-Glenmont | 37 | 51 | -27.5% | $370,000 | $345,000 | 7.2% |
| Germantown | 77 | 107 | -28% | $362,000 | $310,000 | 16.8% |
| Burtonsville | 8 | 11 | -27.3% | $359,950 | $295,000 | 22% |
| Fairland | 9 | 15 | -40% | $350,000 | $357,500 | -2.1% |
| Montgomery Village | 72 | 71 | 1.4% | $293,499.50 | $280,000 | 4.8% |
| Dickerson | 1 | 0 | - | $200,000 | $0 | - |
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