How much do homes in Gaithersburg, MD cost?

Median List Price

$449,900

Based on all homes listed in May 2021.

Difference Since Last Month

+$20,000(+4.7%)

Key Takeaway

The list price of homes in Gaithersburg has increased by 4.7% since April.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSApr 2021May 2021%
1 $130K$125K-3.8%
2 $324.9K$299.9K-7.7%
3 $425K$425K0.0%
4 $586.7K$599.9K+2.2%
5+ $635K$630K-0.8%

Median List Price Compared To Nearby Cities

Gaithersburg
+4.7%
Rockville
-2.0%

How many homes are available in Gaithersburg, MD?

Number of Homes For Sale

Apr 2021May 2021%
257282+9.7%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 117-36.4%
2 4942-14.3%
3 128146+14.1%
4 4665+41.3%
5+ 2322-4.3%

Asking Price vs. Sold Price

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Average Listing Age

Apr 2021May 2021%
54 Days50 Days-7.3%

Breakdown of Home Sale Times

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About Gaithersburg, MD

Homes for sale in Gaithersburg, MD have reached 282.

In May 2021 median list price was $449,900 and the average listing age was 50 days.

This housing market listing prices have changed between May 2020 and May 2021: prices of 1 bedroom properties went down by 3.8%, prices of 2 bedrooms properties went down by 7.7%, 3 bedrooms properties did not move, 4 bedrooms properties became 2.2% more expensive, prices of 5 bedrooms properties went down by 0.8%.

The number of homes for sale in Gaithersburg, MD increased by 9.7% between April 2021 and May 2021.

This housing market inventory have changed: 1 bedroom homes became 36.4% less available, 2 bedrooms homes inventory decreased by 14.3%, the quantity of 3 bedrooms homes went up by 14.1%, the quantity of 4 bedrooms homes went up by 41.3%, 5 bedrooms homes inventory decreased by 4.3%.

In May 2021, from all listings sold in Gaithersburg, MD there were more than 51 sold above asking price, over 9 sold below and more than 21 were sold right at the asked price.

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