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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

$613,361

AVERAGE PRICE OF 217 HOMES

$292,883

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,414,350

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$1,021,951

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$826,799

AVERAGE PRICE OF 5 HOMES WITH A POOL

$744,348

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $613,361
Avg Bedrooms 3 beds
Avg Bathrooms 2.89 baths

Average Price by Bedrooms

1 bedroom $204,331
2 bedrooms $373,615
3 bedrooms $521,885
4 bedrooms $719,937
5 bedrooms $874,206
Gaithersburg Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 194 177 154 145 181
Average Price $623,253 $613,756 $596,866 $570,916 $555,148
Avg Price Change +1.55% +2.83% +4.55% +2.84% +0.09%
Median Price $545,453 $506,037 $486,174 $478,276 $477,021
Med Price Change +7.79% +4.09% +1.65% +0.26% -0.27%
Avg Bedrooms 3 beds 2.83 beds 2.69 beds 2.67 beds 2.76 beds
Avg Bathrooms 2.83 baths 2.75 baths 2.56 baths 2.49 baths 2.6 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damascus 13 $739,900 52 days
Gaithersburg 28 $701,306 44 days
Northwest 5 $713,780 37 days
Quince Orchard 33 $687,268 26 days
Watkins Mill 5 $478,999 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 217 $613,361 64 days
Distressed Homes 3 $292,883 198 days
Multi-Million Dollar Homes 23 $1,414,350 65 days
Newly Built Homes 7 $1,021,951 154 days
Homes with a Pool 5 $826,799 31 days
Reduced Price Homes 8 $744,348 34 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: May 29, 2023 1 AM.
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