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Friday, June 27, 2025

Pricing for the median home in Colesville increased during January 2022

Webp realestate077

The median sale price of a home sold in January 2022 in Colesville rose by $71,250 while total sales decreased by 53.8%, according to BlockShopper.com.

In January 2022, there were 12 homes sold, with a median sale price of $589,750 - a 13.7% increase over the $518,500 median sale price for the same period of the previous year. There were 26 homes sold in Colesville in January 2021.

The median sales tax in Colesville for the most recent year with available data, 2020, was $5,251, approximately 0.9% of the median home sale price for January 2022.

The following table compares Colesville 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)
Brinklow10-$680,000$0-
Brookeville12-50%$651,700$456,58142.7%
Garrett Park34-25%$612,000$691,000-11.4%
Cloverly910-10%$609,999$490,00024.5%
Derwood222010%$594,000$478,00024.3%
Colesville1226-53.8%$589,750$518,50013.7%
North Kensington1217-29.4%$576,250$555,0003.8%
Clarksburg201811.1%$573,499.50$487,50017.6%
Friendship Village7475%$565,000$282,500100%
Takoma Park161414.3%$559,950$578,000-3.1%
Hillandale3250%$540,000$646,900-16.5%

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