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Maryland State Wire

Friday, June 27, 2025

January 2022: Montgomery Village experienced a 18% increase in median home prices

Webp realestate4

The median sale price of a home sold in January 2022 in Montgomery Village rose by $56,500 while total sales increased by 22.7%, according to BlockShopper.com.

In January 2022, there were 108 homes sold, with a median sale price of $370,000 - a 18% increase over the $313,500 median sale price for the same period of the previous year. There were 88 homes sold in Montgomery Village in January 2021.

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 January 2022.

The following table compares Montgomery Village to other Montgomery County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Poolesville84100%$465,500$270,00072.4%
Rockville63613.3%$455,000$565,500-19.5%
Damascus3037-18.9%$450,000$405,50011%
Gaithersburg847512%$419,500$440,000-4.7%
Calverton10666.7%$410,000$342,00019.9%
Burtonsville913-30.8%$382,000$350,0009.1%
North Bethesda5367-20.9%$375,000$449,000-16.5%
Montgomery Village1088822.7%$370,000$313,50018%
Fairland1719-10.5%$350,000$296,25018.1%
Germantown120135-11.1%$350,000$362,000-3.3%
Rossmoor21205%$228,000$223,5002%

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