White Oak home prices rise in July 2020

Medium realestate077

The median sale price of a home sold in July 2020 in White Oak rose by $20,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In July 2020, there were six homes sold, with a median sale price of $457,500 - a 4.6% increase over the $437,500 median sale price for the same period of the previous year. There were 14 homes sold in White Oak in July 2019.

The median sales tax in White Oak for the most recent year with available data, 2016, was $4,454, approximately 1% of the median home sale price for July 2020.

The following table compares White Oak to other Montgomery County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Derwood717-58.8%$500,000$461,0008.5%
Clarksburg822-63.6%$472,500$494,000-4.4%
Kemp Mill37-57.1%$470,000$475,000-1.1%
Fairland313-76.9%$467,600$359,00030.3%
Wheaton-Glenmont2346-50%$459,000$390,00017.7%
White Oak614-57.1%$457,500$437,5004.6%
Aspen Hill1643-62.8%$451,500$475,000-4.9%
Calverton17-85.7%$430,000$430,0000%
Forest Glen17-85.7%$408,000$371,6009.8%
Germantown2773-63%$395,000$400,000-1.3%
Burtonsville69-33.3%$382,500$415,000-7.8%

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