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Maryland State Wire

Tuesday, April 22, 2025

Pricing for the median home in Montgomery Village increased during 2021

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The median sale price of a home sold in 2021 in Montgomery Village rose by $20,100 while total sales increased by 35.8%, according to BlockShopper.com.

From January through December of 2021, there were 1,357 homes sold, with a median sale price of $340,000 - a 6.3% increase over the $319,900 median sale price for the previous year. There were 999 homes sold in Montgomery Village in 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 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Forest Glen17712245.1%$470,000$479,950-2.1%
Gaithersburg1,23793732%$465,000$422,90010%
Wheaton-Glenmont71152934.4%$451,000$408,40010.4%
Damascus38430326.7%$449,900$410,0009.7%
Burtonsville1288158%$423,250$379,00011.7%
Calverton1409252.2%$399,500$377,5005.8%
Germantown1,8261,35534.8%$351,000$335,0004.8%
Fairland28220636.9%$349,950$336,5004%
Montgomery Village1,35799935.8%$340,000$319,9006.3%
Friendship Village786323.8%$340,000$334,9001.5%
Rossmoor24517540%$230,000$229,0000.4%

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