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Maryland State Wire

Tuesday, April 22, 2025

Falling home prices in Forest Glen in December 2021

Webp realestate5

The median sale price of a home sold in December 2021 in Forest Glen fell by $23,900 while total sales remained unchanged with 15 homes sold, according to BlockShopper.com.

In December 2021, there were 15 homes sold, with a median sale price of $476,100 - a 4.8% decrease over the $500,000 median sale price for the same period of the previous year. There were 15 homes sold in Forest Glen in December 2020, as well.

The median sales tax in Forest Glen for the most recent year with available data, 2020, was $4,880, approximately 1% of the median home sale price for December 2021.

The following table compares Forest Glen to other Montgomery County cities with similar median sale prices in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Clarksburg1821-14.3%$541,000$500,0008.2%
Kemp Mill161060%$531,315$543,500-2.2%
Aspen Hill605313.2%$523,000$433,00020.8%
Olney3739-5.1%$495,000$535,000-7.5%
Damascus26254%$494,000$475,0004%
Forest Glen15150%$476,100$500,000-4.8%
Wheaton-Glenmont665226.9%$464,500$440,0005.6%
Gaithersburg8199-18.2%$460,000$415,00010.8%
Friendship Village103233.3%$434,000$334,90029.6%
North Bethesda5163-19%$432,500$495,000-12.6%
Burtonsville511-54.5%$415,000$400,0003.8%

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