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Maryland State Wire

Saturday, June 28, 2025

Kemp Mill home prices rise in August 2017

Realestate3

The median sale price of a home sold in August 2017 in Kemp Mill rose by $7,550 while total sales decreased by 40%, according to BlockShopper.com.

In August 2017, there were 12 homes sold, with a median sale price of $407,500 - a 1.9% increase over the $399,950 median sale price for the same period of the previous year. There were 20 homes sold in Kemp Mill in August 2016.

The median sales tax in Kemp Mill for the most recent year with available data, 2016, was $4,479, approximately 1.1% of the median home sale price for August 2017.

The following table compares Kemp Mill to other Montgomery County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Cloverly89-11.1%$473,500$425,00011.4%
Boyds12-50%$470,000$749,500-37.3%
White Oak131030%$450,000$370,00421.6%
Clarksburg1214-14.3%$447,500$424,5005.4%
Poolesville710-30%$425,000$365,95016.1%
Kemp Mill1220-40%$407,500$399,9501.9%
North Kensington171070%$399,000$384,5003.8%
Aspen Hill594725.5%$395,000$428,000-7.7%
Calverton9650%$390,000$373,2504.5%
Damascus241926.3%$383,337.50$350,0009.5%
Wheaton-Glenmont3751-27.5%$370,000$345,0007.2%

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