Why Live in Gaithersburg
Gaithersburg, located in Montgomery County, Maryland, is a diverse neighborhood with over 70,000 residents and 4,000 businesses. Housing options range from single-family homes and townhouses to condominiums, with styles varying from colonial and mid-century in the east to modern urbanist designs in the west. The eastern part of Gaithersburg features historic landmarks like Old Towne Gaithersburg and the Gaithersburg Train Station, along with recreational spots such as Bohrer Park and the Montgomery County Fairgrounds. The western side is more contemporary, with walkable communities like Kentlands and Lakelands, and attractions such as the Rio shopping center, which offers paddleboat rentals, carousel rides, and an ADA-accessible playground. Gaithersburg is known for its highly rated schools within the Montgomery County Public Schools system. The area is safer than the national average, providing a low crime risk for residents. For daily needs, there are numerous grocery stores, including Whole Foods Market and Harris Teeter, as well as international specialty stores. Outdoor enthusiasts can enjoy green spaces like Brohm’s Park and Seneca Creek State Park. Gaithersburg is also a significant retail hub and home to major employers such as NIST, NIH, and FDA. Commuting to Washington D.C. is convenient with multiple public transit options, including Ride-On bus service, MARC/Amtrak trains, and the D.C. Metro's red line.
Home Trends in Gaithersburg, MD
On average, homes in Gaithersburg, MD sell after 27 days on the market compared to the national average of 51 days. The median sale price for homes in Gaithersburg, MD over the last 12 months is $470,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$470,000
Median Single Family Sale Price
$652,500
Median Townhouse Sale Price
$495,000
Median 2 Bedroom Sale Price
$218,000
Median 1 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$220
Number of Homes for Sale
73
Last 12 months Home Sales
291
Median List Price
$470,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%