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Maryland State Wire

Wednesday, April 23, 2025

Kemp Mill home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Kemp Mill rose by $50,000 while total sales remained unchanged with 13 homes sold, according to BlockShopper.com.

In April 2017, there were 13 homes sold, with a median sale price of $430,000 - a 13.2% increase over the $380,000 median sale price for the same period of the previous year. There were 13 homes sold in Kemp Mill in April 2016, as well.

The median sales tax in Kemp Mill for the most recent year with available data, 2016, was $4,479, approximately 1% of the median home sale price for April 2017.

The following table compares Kemp Mill 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)
Forest Glen56-16.7%$460,000$447,5002.8%
Colesville29290%$445,000$399,90011.3%
Cloverly8714.3%$442,500$445,000-0.6%
Derwood1216-25%$435,000$406,2507.1%
North Kensington291593.3%$435,000$420,0003.6%
Kemp Mill13130%$430,000$380,00013.2%
Clarksburg2110110%$429,900$407,5005.5%
Dickerson31200%$420,000$600,000-30%
Aspen Hill453240.6%$400,000$397,2500.7%
Damascus241650%$393,000$340,00015.6%
Calverton89-11.1%$368,500$365,0001%

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