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Thursday, November 7, 2024

Montgomery County home prices fell in 2022

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The median sale price of a home sold in 2022 in Montgomery County fell by $12,269 while total sales decreased by 31.9%.

From January through December of 2022, there were 7,876 homes sold, with a median sale price of $185,456 - a 6.2% decrease from the $197,725 median sale price for the same period of the previous year. There were 11,566 homes sold in Montgomery County in 2021.

The median sales tax in Montgomery County for the most recent year with available data, 2021, was $3,887 approximately 2.1% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Montgomery County from January 2021 to December 2022.

20212022$197725$197725$185456$185456

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