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Maryland State Wire

Monday, April 21, 2025

What happened to the median home price in Forest Glen during January 2022?

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The median sale price of a home sold in January 2022 in Forest Glen rose by $170,450 while total sales increased by 9.1%, according to BlockShopper.com.

In January 2022, there were 12 homes sold, with a median sale price of $484,950 - a 54.2% increase over the $314,500 median sale price for the same period of the previous year. There were 11 homes sold in Forest Glen in January 2021.

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 January 2022.

The following table compares Forest Glen 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)
Kemp Mill11110%$520,000$480,0008.3%
Silver Spring53513.9%$500,000$450,00011.1%
Boyds20-$490,750$0-
White Oak1323-43.5%$485,000$491,000-1.2%
Aspen Hill674645.7%$485,000$432,50012.1%
Forest Glen12119.1%$484,950$314,50054.2%
Wheaton-Glenmont5355-3.6%$470,000$435,0008%
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%

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