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Wednesday, November 27, 2024

Home prices in Montgomery County during November 2023 increased compared to the same period in 2022

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Adobe Stock

Adobe Stock

In November 2023, the median sale price of a home in Montgomery County rose by $25,378 from the same period in the previous year, while total sales increased by 295%, according to BlockShopper.com.

Data shows that there were 470 homes sold in November 2023, with a median sale price of $185,988 - a 15.8% increase over the $160,610 median sale price for the same period of the previous year. There were 119 homes sold in Montgomery County in November 2022.

For context, the median sales tax in Montgomery County, based on the latest available data from 2021, was $3,887, which stands at 2.1% of November 2023's median home sale price.

The following histogram displays changes in median sales prices in Montgomery County from November 2022 to November 2023.

November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023$160,610$160,610$158,376$158,376$190,850$190,850$160,000$160,000$188,390$188,390$184,456$184,456$185,608$185,608$210,990$210,990$191,680$191,680$188,472$188,472$183,410$183,410$180,800$180,800$185,988$185,988

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