Home prices increased in Germantown during April 2021

Medium realestate5

The median sale price of a home sold in April 2021 in Germantown rose by $15,550 while total sales increased by 2.2%, according to BlockShopper.com.

In April 2021, there were 92 homes sold, with a median sale price of $325,000 - a 5% increase over the $309,450 median sale price for the same period of the previous year. There were 90 homes sold in Germantown in April 2020.

The median sales tax in Germantown for the most recent year with available data, 2020, was $3,515, approximately 1.1% of the median home sale price for April 2021.

The following table compares Germantown to other Montgomery County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Wheaton-Glenmont3541-14.6%$455,000$423,0007.6%
North Bethesda484020%$436,000$540,250-19.3%
Aspen Hill3334-2.9%$410,000$452,500-9.4%
Forest Glen1215-20%$409,200$475,000-13.9%
Burtonsville5425%$378,000$342,45010.4%
Gaithersburg726412.5%$376,000$444,500-15.4%
Germantown92902.2%$325,000$309,4505%
Montgomery Village615315.1%$325,000$290,00012.1%
Calverton56-16.7%$320,000$410,500-22%
Fairland1213-7.7%$310,000$315,000-1.6%
Rossmoor13862.5%$250,000$241,5003.5%

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