Gaithersburg, MD
Housing market overview · Updated weekly
$535,000median sale price
Homes sold
29
Last 12 weeks
Days on market
69
Average pace
Active listings
84
2.9 months supply
Sale-to-list
98.6%
Below asking
The Gaithersburg housing market is currently classified as a balanced market with a median sale price of $535,000. Prices have risen 4.9% compared to last year, with homes spending an average of 69 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Gaithersburg?
The median home sale price in Gaithersburg is $535,000, up 4.9% from last year.
How long do homes stay on market in Gaithersburg?
Homes typically spend 69 days on market before going under contract.
Is Gaithersburg a buyer's or seller's market?
With 2.9 months of supply, Gaithersburg is currently a balanced market.
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