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Thursday, November 7, 2024

Montgomery County median home valuation prices rose by 9.5% in September 2023 compared to September 2022

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In September 2023, the median sale price of a home in Montgomery County rose by $15,853 from the same period in the previous year, while total sales increased by 250.6%, according to BlockShopper.com.

Data shows that there were 603 homes sold in September 2023, with a median sale price of $183,410 - a 9.5% increase over the $167,557 median sale price for the same period of the previous year. There were 172 homes sold in Montgomery County in September 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 September 2023's median home sale price.

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

September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023$167,557$167,557$155,760$155,760$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

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