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Maryland State Wire

Wednesday, April 23, 2025

Rising home prices in Montgomery Village in October 2021

Webp re 11

The median sale price of a home sold in October 2021 in Montgomery Village rose by $27,500 while total sales remained unchanged with 126 homes sold, according to BlockShopper.com.

In October 2021, there were 126 homes sold, with a median sale price of $347,500 - a 8.6% increase over the $320,000 median sale price for the same period of the previous year. There were 126 homes sold in Montgomery Village in October 2020, as well.

The median sales tax in Montgomery Village for the most recent year with available data, 2020, was $3,206, approximately 0.9% of the median home sale price for October 2021.

The following table compares Montgomery Village to other Montgomery County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Aspen Hill6068-11.8%$486,000$422,50015%
Cabin John21100%$472,500$725,000-34.8%
Damascus2438-36.8%$472,500$420,00012.5%
Gaithersburg125127-1.6%$465,000$420,00010.7%
Burtonsville135160%$460,000$335,00037.3%
Wheaton-Glenmont615413%$449,500$441,8501.7%
Germantown1761638%$355,000$340,0004.4%
Montgomery Village1261260%$347,500$320,0008.6%
Calverton1112-8.3%$332,300$427,500-22.3%
Fairland34326.3%$329,378.50$305,0008%
Rossmoor221457.1%$226,200$202,12511.9%

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