Gaithersburg, MD Real Estate & Property Data

Gaithersburg Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Gaithersburg, MD. ATTOM’s Gaithersburg real estate data is updated daily, and current market trends show that in Gaithersburg, MD a total of 1,315 residential properties have sold over the past year. With a median home price of $711,000 in Gaithersburg and a total of 8 foreclosures. Get detailed property data for Gaithersburg, MD instantly. ATTOM is your one-stop-shop for the Gaithersburg property reports and real estate data you need in Gaithersburg, MD.

Gaithersburg Real Estate Market Trends
Total Residential Properties 41,313
Total Commercial Properties 2,649
Avg. Home Age (Single Family Home) 40 Years
Avg. Square Feet (Single Family Home) 2,446
Total 2024 Residential Sales (year-to-date) 120
% of Homes Seriously Underwater (Q2 2024) 0.41%
Total 2023 Residential Sales 1,279
% of Equity Rich Homes (Q2 2024) 45.92%
Effective 2023 Property Tax 0.78%
Total Foreclosure Filings (year-to-date) 19
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Gaithersburg, MD Real Estate Overview

There were 1,315 residential properties sold in the past year in Gaithersburg, MD. The median home value in Gaithersburg, MD is $583,226. There are a total of 41,313 residential properties in the Gaithersburg.

Median Sales Price i
$711,000
(Feb 2024)
+0.1%
year-over-year
y-o-y
  • February '24 Feb '24 $711,000
  • January '24 Jan '24 $795,000
  • December '23 Dec '23 $777,000
  • November '23 Nov '23 $675,000
  • October '23 Oct '23 $649,950
  • September '23 Sep '23 $790,000
  • August '23 Aug '23 $847,500
  • July '23 Jul '23 $699,116
  • June '23 Jun '23 $738,000
  • May '23 May '23 $760,000
  • April '23 Apr '23 $791,000
  • March '23 Mar '23 $772,500
Median Down Payment i
$93,400
(Feb 2024)
-24.4%
year-over-year
y-o-y
  • February '24 Feb '24 $93,400
  • January '24 Jan '24 $123,750
  • December '23 Dec '23 $147,000
  • November '23 Nov '23 $122,490
  • October '23 Oct '23 $159,900
  • September '23 Sep '23 $139,000
  • August '23 Aug '23 $162,025
  • July '23 Jul '23 $97,500
  • June '23 Jun '23 $180,000
  • May '23 May '23 $145,500
  • April '23 Apr '23 $200,000
  • March '23 Mar '23 $135,000
Number of Homes Sold i
44
(Feb 2024)
-38.9%
year-over-year
y-o-y
  • February '24 Feb '24 44
  • January '24 Jan '24 76
  • December '23 Dec '23 94
  • November '23 Nov '23 96
  • October '23 Oct '23 82
  • September '23 Sep '23 130
  • August '23 Aug '23 125
  • July '23 Jul '23 91
  • June '23 Jun '23 154
  • May '23 May '23 139
  • April '23 Apr '23 94
  • March '23 Mar '23 118
Number of Purchase Loans i
35
(Feb 2024)
-41.7%
year-over-year
y-o-y
  • February '24 Feb '24 35
  • January '24 Jan '24 65
  • December '23 Dec '23 72
  • November '23 Nov '23 78
  • October '23 Oct '23 71
  • September '23 Sep '23 115
  • August '23 Aug '23 110
  • July '23 Jul '23 82
  • June '23 Jun '23 134
  • May '23 May '23 116
  • April '23 Apr '23 80
  • March '23 Mar '23 105
Number of REFI Loans i
23
(Feb 2024)
-14.8%
year-over-year
y-o-y
  • February '24 Feb '24 23
  • January '24 Jan '24 25
  • December '23 Dec '23 27
  • November '23 Nov '23 30
  • October '23 Oct '23 45
  • September '23 Sep '23 44
  • August '23 Aug '23 29
  • July '23 Jul '23 37
  • June '23 Jun '23 42
  • May '23 May '23 48
  • April '23 Apr '23 33
  • March '23 Mar '23 44
Number of HELOC Loans i
20
(Feb 2024)
-48.7%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 22
  • December '23 Dec '23 38
  • November '23 Nov '23 38
  • October '23 Oct '23 29
  • September '23 Sep '23 27
  • August '23 Aug '23 42
  • July '23 Jul '23 41
  • June '23 Jun '23 42
  • May '23 May '23 49
  • April '23 Apr '23 27
  • March '23 Mar '23 45

Gaithersburg, MD Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Gaithersburg, MD Foreclosure Activity

There were a total of 8 Gaithersburg, MD properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 4 Gaithersburg, MD properties and repossessed 1 Gaithersburg, MD properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
8
(Feb 2024)
-46.7%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 11
  • December '23 Dec '23 14
  • November '23 Nov '23 5
  • October '23 Oct '23 9
  • September '23 Sep '23 7
  • August '23 Aug '23 13
  • July '23 Jul '23 11
  • June '23 Jun '23 10
  • May '23 May '23 13
  • April '23 Apr '23 7
  • March '23 Mar '23 7
Foreclosure Starts i
4
(Feb 2024)
-55.6%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 7
  • December '23 Dec '23 8
  • November '23 Nov '23 4
  • October '23 Oct '23 6
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 6
  • June '23 Jun '23 4
  • May '23 May '23 10
  • April '23 Apr '23 4
  • March '23 Mar '23 6
Completed Foreclosures (REOs) i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 5
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 9
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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