From January through June of 2017, there were 94 homes sold, with a median sale price of $410,000 - a 0.6% decrease over the $412,500 median sale price for the same period of the previous year. There were 85 homes sold in Kemp Mill in the first half of 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 the first half of 2017.
The following table compares Kemp Mill to other Montgomery County cities with similar median sales prices in the first half of 2017:
City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Colesville | 152 | 144 | 5.6% | $442,500 | $405,000 | 9.3% |
Cloverly | 42 | 40 | 5% | $440,000 | $410,000 | 7.3% |
Forest Glen | 42 | 55 | -23.6% | $436,000 | $409,500 | 6.5% |
Clarksburg | 94 | 98 | -4.1% | $431,250 | $425,000 | 1.5% |
North Kensington | 124 | 100 | 24% | $425,000 | $424,500 | 0.1% |
Kemp Mill | 94 | 85 | 10.6% | $410,000 | $412,500 | -0.6% |
Aspen Hill | 263 | 242 | 8.7% | $400,000 | $370,000 | 8.1% |
White Oak | 101 | 78 | 29.5% | $388,800 | $391,250 | -0.6% |
Poolesville | 43 | 35 | 22.9% | $385,000 | $345,000 | 11.6% |
Washington Grove | 3 | 2 | 50% | $385,000 | $306,500 | 25.6% |
Boyds | 4 | 9 | -55.6% | $373,275 | $320,000 | 16.6% |