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Maryland State Wire

Tuesday, April 22, 2025

Fairland home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Fairland fell by $31,300 while total sales increased by 62.5%, according to BlockShopper.com.

In April 2017, there were 13 homes sold, with a median sale price of $329,000 - a 8.7% decrease over the $360,300 median sale price for the same period of the previous year. There were eight homes sold in Fairland in April 2016.

The median sales tax in Fairland for the most recent year with available data, 2016, was $4,212, approximately 1.3% of the median home sale price for April 2017.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Aspen Hill453240.6%$400,000$397,2500.7%
Damascus241650%$393,000$340,00015.6%
Calverton89-11.1%$368,500$365,0001%
Brookeville21100%$367,500$550,000-33.2%
White Oak710-30%$362,000$385,750-6.2%
Wheaton-Glenmont564040%$354,500$329,5007.6%
Burtonsville79-22.2%$339,000$349,000-2.9%
Fairland13862.5%$329,000$360,300-8.7%
Germantown857414.9%$320,000$289,90010.4%
Montgomery Village59565.4%$292,500$258,75013%
Poolesville68-25%$279,950$339,900-17.6%

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