White Oak home prices rise in the third quarter of 2020

Medium realestate1

The median sale price of a home sold in the third quarter of 2020 in White Oak rose by $89,750 while total sales increased by 63%, according to BlockShopper.com.

From July through September of 2020, there were 44 homes sold, with a median sale price of $514,750 - a 21.1% increase over the $425,000 median sale price for the same period of the previous year. There were 27 homes sold in White Oak in the third quarter of 2019.

The median sales tax in White Oak for the most recent year with available data, 2016, was $4,454, approximately 0.9% of the median home sale price for the third quarter of 2020.

The following table compares White Oak to other Montgomery County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Washington Grove4333.3%$531,500$281,00089.1%
White Oak442763%$514,750$425,00021.1%
Kemp Mill2533-24.2%$484,900$450,0007.8%
Aspen Hill108115-6.1%$484,500$466,9003.8%

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