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Maryland State Wire

Tuesday, April 22, 2025

Median home prices in Montgomery Village rose to $340,000 in the fourth quarter of 2021

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The median sale price of a home sold in the fourth quarter of 2021 in Montgomery Village rose by $20,000 while total sales increased by 22.4%, according to BlockShopper.com.

From October through December of 2021, there were 382 homes sold, with a median sale price of $340,000 - a 6.3% increase over the $320,000 median sale price for the same period of the previous year. There were 312 homes sold in Montgomery Village in the fourth quarter of 2020.

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 the fourth quarter of 2021.

The following table compares Montgomery Village to other Montgomery County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Forest Glen484311.6%$478,050$500,000-4.4%
Damascus9395-2.1%$478,000$430,00011.2%
North Bethesda22819218.8%$477,000$493,000-3.2%
Burtonsville27270%$460,000$440,0004.5%
Wheaton-Glenmont20014339.9%$459,000$440,0004.3%
Friendship Village241650%$456,750$392,45016.4%
Calverton403417.6%$427,750$422,5001.2%
Fairland867022.9%$363,500$321,00013.2%
Germantown49743015.6%$350,000$341,0002.6%
Montgomery Village38231222.4%$340,000$320,0006.3%
Rossmoor654835.4%$217,900$218,500-0.3%

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