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Maryland State Wire

Sunday, June 29, 2025

Home prices increased in Aspen Hill during August 2021

Webp realestate4

The median sale price of a home sold in August 2021 in Aspen Hill rose by $68,500 while total sales increased by 44.7%, according to BlockShopper.com.

In August 2021, there were 68 homes sold, with a median sale price of $497,500 - a 16% increase over the $429,000 median sale price for the same period of the previous year. There were 47 homes sold in Aspen Hill in August 2020.

The median sales tax in Aspen Hill for the most recent year with available data, 2020, was $4,567, approximately 0.9% of the median home sale price for August 2021.

The following table compares Aspen Hill to other Montgomery County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Derwood3314135.7%$570,000$566,0000.7%
Olney474211.9%$550,000$472,45016.4%
White Oak710-30%$525,000$507,7503.4%
Kemp Mill11757.1%$520,000$485,0007.2%
Damascus312055%$500,000$421,55018.6%
Aspen Hill684744.7%$497,500$429,00016%
Poolesville165220%$492,500$462,5006.5%
Wheaton-Glenmont664450%$466,500$421,50010.7%
Dickerson21100%$463,500$287,00061.5%
Gaithersburg1037439.2%$460,000$495,000-7.1%
Hillandale12-50%$420,000$700,000-40%

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