Gaithersburg, MD—20882
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 $787,000, with a year-over-year change of 1.0%. 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 | $787,000 | 1.0% |
| Single Family | $788,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $532,000 | 0.2% |
4 Bed | $812,000 | 0.6% |
| 5 Bed | $1,026,000 | -0.1% |
% of Housing Stock
Rental Trends — Gaithersburg, MD
As of July '25, Rentcast reports the average rent in Gaithersburg, MD is $4,120, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Gaithersburg, MD is 1-bedrooms: $1,450, 3-bedrooms: $3,220, 4-bedrooms: $4,850. The most common rental property sizes in Gaithersburg, MD are 3-bedroom and 4-bedroom, accounting for 67.0% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,200 | $4,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,450 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,550 | $3,220 |
| 4 Bed Rent | $4,200 | $4,850 |
% 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 41. This is a increase of 3.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $854,000 | -1.0% |
Listing Count | 36 | 19.0% |
| Listings as % of Homes | 0.3% | 19.0% |
Days on Market | 41 | 3.0% |
Demographics — Gaithersburg, MD
As of the latest ACS Survey released in 2023, Gaithersburg, MD has a population of 13,700, which has increased by 1.6% over the past 5 years. Gaithersburg, MD is a moderately popular place for families, as children make up 20.6% of the population. The area has a highly educated workforce, with 58.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,700 | 1.6% |
% Under 18 | 20.6% | -4.2% |
% Seniors | 18.5% | 12.8% |
% WFH | 27.5% | 239.5% |
% w/ College Degree | 58.2% | 2.8% |
As of the latest ACS Survey released in 2023, Gaithersburg, MD is a predominantly white area, with 64.9% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Gaithersburg, MD is hispanic, making up 13.0% of the population. Foreign-born residents account for 13.7% of the population in Gaithersburg, MD, and this percentage has decreased by 5.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.9% | -8.8% |
% Black | 9.7% | 42.6% |
% Hispanic | 13.0% | 4.0% |
% Asian | 7.3% | 1.4% |
% Foreign Born | 13.7% | -5.5% |
Mortgage and Risk — Gaithersburg, MD
According to HUD data as of 2023, there were 250 mortgage originations in Gaithersburg, MD, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Gaithersburg, MD. Investor activity is low, as 0.0% 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 | 250 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Gaithersburg, MD
Gaithersburg, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 12.0% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,080 | $950 | $2,030 |
| 2 Bedroom | N/A | N/A | $2,290 |
| 3 Bedroom | $320 | $2,550 | $2,870 |
| 4 Bedroom | -$830 | $4,200 | $3,370 |
Affordability — Gaithersburg, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $787,000 |
| Median Household Income | $187,000 |