Gaithersburg, MD—20877
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gaithersburg, MD
As of Oct '25, the median home price in Gaithersburg, MD is $477,000, with a year-over-year change of 0.6%. This indicates that home prices in Gaithersburg, MD are flat. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $477,000 | 0.6% |
| Single Family | $529,000 | 0.2% |
| Condos | $235,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $169,000 | -0.6% |
2 Bed | $206,000 | 0.5% |
3 Bed | $455,000 | -0.2% |
4 Bed | $601,000 | 0.0% |
| 5 Bed | $668,000 | -0.4% |
% of Housing Stock
Rental Trends — Gaithersburg, MD
As of July '25, Rentcast reports the average rent in Gaithersburg, MD is $2,280, with a year-over-year rent change of 2.7%. Per bedroom, the median rent as of July '25 in Gaithersburg, MD is studios: $1,640, 1-bedrooms: $1,810, 2-bedrooms: $2,350, 3-bedrooms: $2,730, 4-bedrooms: $3,400. The most common rental property sizes in Gaithersburg, MD are 2-bedroom and 1-bedroom, accounting for 42.1% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,280 |
| Studio Rent | $1,650 | $1,640 |
| 1 Bed Rent | $1,900 | $1,810 |
| 2 Bed Rent | $2,460 | $2,350 |
| 3 Bed Rent | $2,680 | $2,730 |
| 4 Bed Rent | $3,300 | $3,400 |
% of Rental Stock
Property Listings — Gaithersburg, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Gaithersburg, MD is 21. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $536,000 | -6.0% |
Listing Count | 57 | 69.0% |
| Listings as % of Homes | 0.1% | 69.0% |
Days on Market | 21 | 16.0% |
Demographics — Gaithersburg, MD
As of the latest ACS Survey released in 2023, Gaithersburg, MD has a population of 39,100, which has remained stable by 0.5% over the past 5 years. Gaithersburg, MD is a moderately popular place for families, as children make up 24.5% of the population. The area has a moderately educated workforce, with 35.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,100 | 0.5% |
% Under 18 | 24.5% | 1.7% |
% Seniors | 15.1% | 24.8% |
% WFH | 15.9% | 511.5% |
% w/ College Degree | 35.2% | -2.8% |
As of the latest ACS Survey released in 2023, Gaithersburg, MD is a predominantly hispanic area, with 47.4% of the population identifying as hispanic. The hispanic population has grown by 11.8% in the last 5 years. The second most common race or ethnicity in Gaithersburg, MD is white, making up 19.4% of the population. Foreign-born residents account for 47.3% of the population in Gaithersburg, MD, and this percentage has increased by 4.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 19.4% | -16.7% |
% Black | 16.1% | -13.0% |
% Hispanic | 47.4% | 11.8% |
% Asian | 14.4% | 12.5% |
% Foreign Born | 47.3% | 4.9% |
Mortgage and Risk — Gaithersburg, MD
According to HUD data as of 2023, there were 112 mortgage originations in Gaithersburg, MD, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Gaithersburg, MD. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 112 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Gaithersburg, MD
As of 2024, the percent of homes in Gaithersburg, MD under the Section 8 program is 10.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Gaithersburg, MD, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 786 |
Total Units Section 8 | 784 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 93.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,900 | $1,950 |
| 2 Bedroom | -$260 | $2,460 | $2,200 |
| 3 Bedroom | $70 | $2,680 | $2,750 |
| 4 Bedroom | -$60 | $3,300 | $3,240 |
Affordability — Gaithersburg, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $477,000 |
| Median Household Income | $86,100 |