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Maryland State Wire

Tuesday, April 22, 2025

What happened to the median home price in Aspen Hill during 2021?

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The median sale price of a home sold in 2021 in Aspen Hill rose by $47,000 while total sales increased by 40%, according to BlockShopper.com.

From January through December of 2021, there were 774 homes sold, with a median sale price of $475,000 - a 11% increase over the $428,000 median sale price for the previous year. There were 553 homes sold in Aspen Hill in 2020.

The median sales tax in Aspen Hill for the most recent year with available data, 2020, was $4,567, approximately 1% of the median home sale price for 2021.

The following table compares Aspen Hill 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)
Clarksburg23117631.3%$535,000$494,9508.1%
Dickerson161233.3%$534,500$363,75046.9%
North Kensington22218222%$530,000$489,5008.3%
White Oak22417528%$525,000$470,00011.7%
Poolesville1158830.7%$480,000$455,7005.3%
Aspen Hill77455340%$475,000$428,00011%
North Bethesda90067633.1%$470,000$480,000-2.1%
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%

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