Explore Gaithersburg
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Why Live in Gaithersburg
Gaithersburg, Maryland, a midsized city in Montgomery County, boasts a rich history dating back to 1765. Originally an agricultural village known as Log Town, it has evolved into a hub for tech companies and life sciences, with the BioHealth Capital Region along Interstate 270. The city’s population of approximately 69,000 enjoys a blend of historical charm and modern amenities, with preserved areas like Olde Towne Plaza and bustling shopping centers such as Rio Washingtonian Center. Gaithersburg is recognized as the most diverse small city in the U.S., attracting residents from various socioeconomic, religious, and cultural backgrounds. The city offers numerous attractions, including Bohrer Park, which features a water park, skate park, and the city’s oldest building, and Seneca Creek State Park, providing ample outdoor activities. The local dining scene is vibrant, with a variety of international cuisines available along Interstate 270 and Frederick Avenue. Residents can shop at Casey Farmers Market and the Main Street Farmers Market, and enjoy dining and entertainment at Rio and Kentlands Market Square. Housing options in Gaithersburg are diverse, ranging from colonials and Tudors to townhouses and condos, with prices varying by neighborhood. The Montgomery County Public Schools district, highly rated and ranked second in Maryland, serves the city, offering a range of academic programs. For transportation, residents have access to the MARC Brunswick Line, Montgomery County Ride On buses, and the Shady Grove Metro station. Ronald Reagan Washington National Airport and Washington Dulles International Airport are 28 and 30 miles away, respectively.
Home Prices in Gaithersburg, MD
The median home sale price in Gaithersburg, MD is $539,900, up 4% year-over-year. Homes in Gaithersburg sell in 32 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$539,900
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Median Single Family Sale Price
$725,000
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Median Townhouse Sale Price
$497,137
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Median 2 Bedroom Sale Price
$302,500
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Median 1 Bedroom Sale Price
$188,750
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Average Price Per Sq Ft
$257
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Number of Homes for Sale
185
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Last 12 months Home Sales
942
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Months of Supply
2.40
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Median List Price
$549,900
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
4%
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