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White Oak Real Estate

White Oak, Maryland, is an affluent, culturally diverse community of about 20,000 residents that is part of the larger city of Silver Spring, located just off the Washington Beltway. Commuting into Washington is made easy for White Oak residents, who have access to the Silver Spring metro, and two other close by stations.

White Oak residents enjoy life in a quiet, low crime neighborhood of tree lined streets. At the same time, they are just a short drive away from downtown Silver Spring, a haven for food lovers who can enjoy a cuisine culture almost rivaling nearby Bethesda. Exquisite Ethiopian, Salvadorian, Indian, and Vietnamese restaurants attract residents and visitors alike. Downtown also hosts the American Film Institute Silver Theatre and Culture Center which independent and foreign films, and numerous shops and small galleries.

The needs of local children are met by the excellent Montgomery County Public Schools System, which features some of the nation's best K-12 schools with high teacher to student ratios, small class sizes, and excellent graduation rates. Most students go on to pursue a college degree, and can do so conveniently at one of numerous topnotch colleges and universities in the Washington area.

The real estate market in this wealthy section of Silver Spring is widely varied. Half of available properties sell in the range of $330,000 and $490,000. However, a third of properties on the market sell for less. In addition, many sell for more, upwards of half a million dollars. A few select estate homes on large wooded lots sell for more than $1.7 million.

The median home sale price is $406,000, which buys a single-family home of at least three bedrooms. Most properties in this area were built since the 1960s, although there are some older and newer homes as well as some row houses. The median household income in White Oak is higher than the national average, while local unemployment is significantly lower than in the average American community.

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