How much do homes in Gaithersburg, MD cost?

Median List Price

$499,900

$251/sqft

Based on all homes listed in May 2022.

Difference Since Last Month

+$49,900(+11.1%)

Key Takeaway

The list price of homes in Gaithersburg has increased by 11.1% since April.

Median List Price By Bedroom Count

# BEDSApr 2022May 2022%
1 $140K$140K
0.0%
2 $165K$299.9K
+81.8%
3 $444.5K$450K
+1.2%
4 $600K$640K
+6.7%
5+ $682.2K$857.5K
+25.7%

Median List Price Compared To Nearby Cities

Gaithersburg
+11.1%
Rockville
+3.2%
Washington Grove
-15.8%

How many homes are available in Gaithersburg, MD?

Number of Homes For Sale

Apr 2022May 2022%
3793+151.4%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 35
+66.7%
2 717
+142.9%
3 1438
+171.4%
4 1123
+109.1%
5+ 210
+400.0%

Average Listing Age

Apr 2022May 2022%
15 Days26 Days+71.2%

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Gaithersburg, MD

Gaithersburg, MD has 93 homes on the market. The number of homes for sale in Gaithersburg, MD increased by 151.4% between April 2022 and May 2022. While the average time on the market in May 2022 was 26 days, the median list price was $499,900. Between May 2021 and May 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices did not change, the cost of 2 bedrooms properties went up by 81.8%, prices of 3 bedrooms properties increased by 1.2%, prices of 4 bedrooms properties went up by 6.7%, 5 bedrooms properties prices increased by 25.7%. This housing market inventory have changed: number of 1 bedroom homes increased by 66.7%, 2 bedrooms homes inventory increased by 142.9%, the quantity of 3 bedrooms homes went up by 171.4%, volume of 4 bedrooms homes went up by 109.1%, volume of 5 bedrooms homes went up by 400%.

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