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Gaithersburg

Why you'd want to live in Gaithersburg

Gaithersburg occupies approximately 10 square miles in the geographic center of Montgomery County, Maryland. The southeastern border of the City lies just 13 miles from the northwestern border of Washington, D.C. With more than 70,000 residents located in the heart of Montgomery County, Gaithersburg is one of the largest cities in Maryland. Here you’ll find an excitingly diverse population living in a mixture of housing types in warm, welcoming neighborhoods. Gaithersburg combines a respect for its heritage, demonstrated by revitalization efforts in the Olde Towne residential and commercial district, with thoughtful planning for new communities. via www.gaithersburgmd.gov

Gaithersburg Market Report

$579,227

AVERAGE PRICE OF 144 HOMES

$332,883

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,508,834

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$964,336

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$224,949

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $579,227
Avg Bedrooms 2.6 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $188,068
2 bedrooms $275,122
3 bedrooms $511,120
4 bedrooms $692,829
5 bedrooms $827,629
Gaithersburg Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 145 181 238 253 269
Average Price $570,916 $555,148 $554,632 $581,081 $580,910
Avg Price Change +2.84% +0.09% -4.77% +0.03% -1.47%
Median Price $478,276 $477,021 $478,291 $502,275 $507,860
Med Price Change +0.26% -0.27% -5.01% -1.11% +2.57%
Avg Bedrooms 2.67 beds 2.76 beds 3 beds 3.07 beds 3.09 beds
Avg Bathrooms 2.49 baths 2.6 baths 2.82 baths 2.92 baths 2.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damascus 5 $627,580 88 days
Gaithersburg 19 $611,164 65 days
Northwest 7 $757,699 51 days
Quince Orchard 7 $840,985 101 days
Watkins Mill 6 $298,733 27 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 144 $579,227 118 days
Distressed Homes 3 $332,883 157 days
Multi-Million Dollar Homes 17 $1,508,834 280 days
Newly Built Homes 9 $964,336 262 days
Reduced Price Homes 2 $224,949 9 days
eXp Realty
Alma Wiggins
451 Hungrford Drive, #119-216
Rockville, MD 20850
301-785-4869

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which eXp Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2023 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: February 1, 2023 1 AM.
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