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Gaithersburg Latitude ObservatoryGaithersburg Latitude Observatory · Photo: BobDrzyzgula · Public domain
Housing in Gaithersburg

575 homes sold in Gaithersburg in the last year, at a typical $548K

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gaithersburg homes are listed.

Homes sold
575
June 2025 to May 2026
Typical sale price
$548K
houses $797K · condos $283K
Price per square foot
$286
Maryland $226
Paid vs. asking
99.3%
29% sold over asking
For sale now
152
May 2026 · 50 sold that month
What sold · last 12 months

A quarter of Gaithersburg’s sales are condos, at $514K less than a house

148 houses and 145 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$797K

typical sale · 148 sold in 12 months

Per square foot
$292MD $239
Days to sell
47
Sold over asking
38%
Listings with a price cut
28%
Condos$283K

typical sale · 145 sold in 12 months

Per square foot
$243MD $234
Days to sell
57
Sold over asking
14%
Listings with a price cut
28%
Fewer sales

Townhouses: 282 sold, typical $541K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.6 times the 2016 price

575 sales in the last year, against 1,267 in 2021 and a low of 553 in 2023. The typical sale went from $344K in 2016 to $548K.

Homes soldTypical sale price
03256509751300$300K$400K$500K$600K2012: 775 sold, typical $312K’122013: 828 sold, typical $346K2014: 848 sold, typical $348K’142015: 963 sold, typical $352K2016: 967 sold, typical $344K’162017: 1006 sold, typical $358K2018: 957 sold, typical $378K’182019: 887 sold, typical $388K2020: 934 sold, typical $405K’202021: 1267 sold, typical $446K2022: 878 sold, typical $482K’222023: 553 sold, typical $507K2024: 597 sold, typical $516K’242025: 595 sold, typical $538KLast 12 months: 575 sold, typical $548KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Gaithersburg

Houseat $292 a sq ft
Condoat $243 a sq ft
The same money in Marylandat $239 a sq ft

Is this asking price fair?

Check a listing against what Gaithersburg homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Gaithersburg are back to pre-pandemic levels, but 20% fewer homes come up for sale

We read every month of Gaithersburg’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 575 sales.

If you’re buying in Gaithersburg

  • Shop in July. It brings about 95 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
  • Some room to negotiate. 25% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99.3% of the list price on average; 29% paid over.
  • You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 46 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 111 a month), and the most competition: 43% close over asking. June and July offer nearly as much choice with fewer homes bid up (37%). January has the least competition (25%) but only about 56 new listings.

New listings a monthShare sold over asking
028.857.586.311520%40%60%Sweet spotJan: 56 new listings a month, 25% sold over asking, 46 days to sellJFeb: 72 new listings a month, 35% sold over asking, 42 days to sellFMar: 109 new listings a month, 38% sold over asking, 25 days to sellMApr: 111 new listings a month, 43% sold over asking, 19 days to sellAMay: 103 new listings a month, 43% sold over asking, 18 days to sellMJun: 96 new listings a month, 37% sold over asking, 24 days to sellJJul: 95 new listings a month, 35% sold over asking, 27 days to sellJAug: 84 new listings a month, 35% sold over asking, 31 days to sellASep: 89 new listings a month, 32% sold over asking, 32 days to sellSOct: 78 new listings a month, 31% sold over asking, 35 days to sellONov: 54 new listings a month, 28% sold over asking, 41 days to sellNDec: 35 new listings a month, 28% sold over asking, 40 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Maryland as a whole

Gaithersburg now2017–192021 peakMD now
Sold over askingShare of sales that closed above the list price29%26%49%34%
Gone within two weeksShare of homes under contract within 14 days43%37%60%41%
Listings with a price cutShare of homes for sale that cut their price25%26%21%27%
Price paid vs. askingAverage sale price ÷ list price99.3%99.2%101.3%99.8%
Days to sellMedian days from listing to contract46292643
Supply

125 homes for sale on a typical day

That’s 2.8 times the 2023 low (45), 20% fewer than in 2017–19 and well under 2015’s 255.

2012: 173 for sale’122013: 154 for sale2014: 220 for sale2015: 255 for sale’152016: 197 for sale2017: 162 for sale2018: 144 for sale’182019: 160 for sale2020: 139 for sale2021: 128 for sale’212022: 77 for sale2023: 45 for sale2024: 65 for sale’242025: 110 for saleLast 12 months: 125 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against 26% in 2017–19 and 27% across Maryland.

2015: 27%’152016: 28%2017: 27%2018: 32%’182019: 20%2020: 17%2021: 21%’212022: 21%2023: 24%2024: 22%’242025: 27%Last 12 months: 25%Now
Prices by type

Since 2019, houses are up 41%, condos 9%

A house typically sold for $797K in the last year (148 sales), a condo for $283K (145).

$300K$500K$700K$900K2013201520172019202120232025NowHouses 2013: $524K, 208 salesHouses 2014: $543K, 208 salesHouses 2015: $526K, 234 salesHouses 2016: $545K, 236 salesHouses 2017: $490K, 243 salesHouses 2018: $584K, 231 salesHouses 2019: $565K, 214 salesHouses 2020: $592K, 237 salesHouses 2021: $649K, 298 salesHouses 2022: $756K, 196 salesHouses 2023: $752K, 132 salesHouses 2024: $748K, 139 salesHouses 2025: $770K, 161 salesHouses last 12 months: $797K, 148 salesHouses $797KCondos 2013: $169K, 213 salesCondos 2014: $178K, 207 salesCondos 2015: $154K, 243 salesCondos 2016: $154K, 251 salesCondos 2017: $183K, 238 salesCondos 2018: $180K, 241 salesCondos 2019: $261K, 244 salesCondos 2020: $240K, 273 salesCondos 2021: $243K, 321 salesCondos 2022: $264K, 232 salesCondos 2023: $283K, 128 salesCondos 2024: $284K, 173 salesCondos 2025: $277K, 161 salesCondos last 12 months: $283K, 145 salesCondos $283K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Maryland

Gaithersburg ranks 133rd of 185 busy Maryland markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Gaithersburg is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Gaithersburg home costs about $3,302 a month

Mortgage
Property tax
Insurance
Rent

Price: Gaithersburg’s typical sale, last 12 months. Property tax at Gaithersburg’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gaithersburg is affordable on local pay is on Cost of living.

Before you buy in Gaithersburg

Six things worth knowing

111

New listings in April

The month with the most choice. December has the fewest, about 35.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $548K home, about $5,310 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Gaithersburg, from test results, graduation and how much students grow.

Schools in Gaithersburg
29 min

Typical commute

The average one-way trip to work for people who live in Gaithersburg.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Flower Hill, Montgomery Village and Germantown sell for less a square foot

The busier markets within 25 miles of Gaithersburg, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Germantown782$424K$25635%41
Rockville716$664K$35042%51
Gaithersburg575$548K$28629%46
Montgomery Village464$434K$24643%38
North Potomac199$847K$31538%39
Redland192$597K$28335%40
Flower Hill119$452K$26434%32

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Gaithersburg, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gaithersburg. People who follow the town see it, and so do people comparing Gaithersburg with their own town. No commission, no listing fee.

Questions about buying a home in Gaithersburg

What do homes sell for in Gaithersburg, MD?

575 homes sold in the year to May 2026 at a typical $548K, $286 a square foot. Houses sold for about $797K, condos for about $283K.

Is Gaithersburg a buyer’s or seller’s market?

A seller’s market: 152 homes were for sale in May 2026 and 50 sold, about 3 months of supply. Buyers paid 99.3% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Gaithersburg?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Gaithersburg?

About 1% of a home’s value a year. On a $548K home that’s near $5,310.

Where can I see homes for sale in Gaithersburg?

Zillow, Redfin, Realtor.com and Homes.com all carry Gaithersburg’s MLS listings; the search links above open each one filtered to Gaithersburg.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).