Gaithersburg, MD 20879 Real Estate & Property Data

Gaithersburg, MD 20879 Real Estate Market Trends
Last Updated: April 19, 2024

A total of 295 residential properties have been sold over the past 12 months in 20879. With a median sales price of $711,000 in 20879 and a total of 3 foreclosures in Gaithersburg, MD 20879. Discover market trends and get the granular level real estate data for Gaithersburg, MD 20879 to keep your pulse on the housing market. Curate compelling home reports for Gaithersburg, MD 20879 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Gaithersburg, MD 20879 Real Estate Market Trends
Total Residential Properties 7,978
Total Commercial Properties 669
Avg. Home Age (Single Family Home) 38 Years
Avg. Square Feet (Single Family Home) 2,006
Total 2024 Residential Sales (year-to-date) 33
% of Homes Seriously Underwater (Q2 2024) 0.35%
Total 2023 Residential Sales 282
% of Equity Rich Homes (Q2 2024) 43.01%
Effective 2023 Property Tax 0.7%
Total Foreclosure Filings (year-to-date) 3
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Gaithersburg, MD 20879 Real Estate Overview

There were 295 residential properties sold in the past year in Gaithersburg, MD 20879. The median home value in Gaithersburg, MD 20879 is $439,656. There are a total of 7,978 residential properties in the 20879.

Median Sales Price i
$711,000
(Feb 2024)
+19.3%
year-over-year
y-o-y
  • February '24 Feb '24 $711,000
  • January '24 Jan '24 $502,500
  • December '23 Dec '23 $495,000
  • November '23 Nov '23 $585,000
  • October '23 Oct '23 $490,000
  • September '23 Sep '23 $588,000
  • August '23 Aug '23 $510,000
  • July '23 Jul '23 $560,000
  • June '23 Jun '23 $596,050
  • May '23 May '23 $580,000
  • April '23 Apr '23 $547,500
  • March '23 Mar '23 $614,000
Median Down Payment i
$35,550
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 $35,550
  • January '24 Jan '24 $10,143
  • December '23 Dec '23 $8,966
  • November '23 Nov '23 $99,256
  • October '23 Oct '23 $100,000
  • September '23 Sep '23 $127,425
  • August '23 Aug '23 $90,000
  • July '23 Jul '23 $78,850
  • June '23 Jun '23 $109,625
  • May '23 May '23 $90,000
  • April '23 Apr '23 $30,967
  • March '23 Mar '23 $61,500
Number of Homes Sold i
7
(Feb 2024)
-61.1%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 26
  • December '23 Dec '23 16
  • November '23 Nov '23 23
  • October '23 Oct '23 16
  • September '23 Sep '23 30
  • August '23 Aug '23 27
  • July '23 Jul '23 19
  • June '23 Jun '23 31
  • May '23 May '23 33
  • April '23 Apr '23 17
  • March '23 Mar '23 32
Number of Purchase Loans i
5
(Feb 2024)
-64.3%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 19
  • December '23 Dec '23 13
  • November '23 Nov '23 16
  • October '23 Oct '23 14
  • September '23 Sep '23 26
  • August '23 Aug '23 24
  • July '23 Jul '23 20
  • June '23 Jun '23 28
  • May '23 May '23 25
  • April '23 Apr '23 11
  • March '23 Mar '23 29
Number of REFI Loans i
5
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 9
  • December '23 Dec '23 9
  • November '23 Nov '23 8
  • October '23 Oct '23 12
  • September '23 Sep '23 11
  • August '23 Aug '23 6
  • July '23 Jul '23 12
  • June '23 Jun '23 6
  • May '23 May '23 14
  • April '23 Apr '23 8
  • March '23 Mar '23 9
Number of HELOC Loans i
4
(Feb 2024)
-20%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 7
  • October '23 Oct '23 5
  • September '23 Sep '23 5
  • August '23 Aug '23 8
  • July '23 Jul '23 4
  • June '23 Jun '23 11
  • May '23 May '23 7
  • April '23 Apr '23 3
  • March '23 Mar '23 6

Gaithersburg, MD 20879 Real Estate Market Overview

Last 30 days
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Gaithersburg, MD 20879 Foreclosure Activity

There were a total of 3 Gaithersburg, MD 20879 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Gaithersburg, MD 20879 properties and repossessed 1 Gaithersburg, MD 20879 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 7
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 4
  • June '23 Jun '23 N/A
  • May '23 May '23 8
  • April '23 Apr '23 2
  • March '23 Mar '23 1
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 5
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 6
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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