Gaithersburg, MD 20877 Real Estate & Property Data

Gaithersburg, MD 20877 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 215 residential properties have been sold over the past 12 months in 20877. With a median sales price of $467,000 in 20877 and a total of 2 foreclosures in Gaithersburg, MD 20877. Discover market trends and get the granular level real estate data for Gaithersburg, MD 20877 to keep your pulse on the housing market. Curate compelling home reports for Gaithersburg, MD 20877 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Gaithersburg, MD 20877 Real Estate Market Trends
Total Residential Properties 6,903
Total Commercial Properties 663
Avg. Home Age (Single Family Home) 49 Years
Avg. Square Feet (Single Family Home) 1,847
Total 2024 Residential Sales (year-to-date) 22
% of Homes Seriously Underwater (Q2 2024) 0.7%
Total 2023 Residential Sales 210
% of Equity Rich Homes (Q2 2024) 41.21%
Effective 2023 Property Tax 0.76%
Total Foreclosure Filings (year-to-date) 6
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Gaithersburg, MD 20877 Real Estate Overview

There were 215 residential properties sold in the past year in Gaithersburg, MD 20877. The median home value in Gaithersburg, MD 20877 is $469,206. There are a total of 6,903 residential properties in the 20877.

Median Sales Price i
$467,000
(Feb 2024)
-0.6%
year-over-year
y-o-y
  • February '24 Feb '24 $467,000
  • January '24 Jan '24 $526,250
  • December '23 Dec '23 $632,500
  • November '23 Nov '23 $525,000
  • October '23 Oct '23 $625,500
  • September '23 Sep '23 $574,025
  • August '23 Aug '23 $491,000
  • July '23 Jul '23 $585,000
  • June '23 Jun '23 $603,500
  • May '23 May '23 $530,000
  • April '23 Apr '23 $584,000
  • March '23 Mar '23 $545,999
Median Down Payment i
$30,050
(Feb 2024)
-63%
year-over-year
y-o-y
  • February '24 Feb '24 $30,050
  • January '24 Jan '24 $90,000
  • December '23 Dec '23 $110,000
  • November '23 Nov '23 $116,000
  • October '23 Oct '23 $137,000
  • September '23 Sep '23 $43,000
  • August '23 Aug '23 $28,995
  • July '23 Jul '23 $117,000
  • June '23 Jun '23 $99,900
  • May '23 May '23 $86,000
  • April '23 Apr '23 $89,570
  • March '23 Mar '23 $58,875
Number of Homes Sold i
8
(Feb 2024)
-42.9%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 14
  • December '23 Dec '23 16
  • November '23 Nov '23 18
  • October '23 Oct '23 16
  • September '23 Sep '23 21
  • August '23 Aug '23 16
  • July '23 Jul '23 18
  • June '23 Jun '23 23
  • May '23 May '23 24
  • April '23 Apr '23 14
  • March '23 Mar '23 13
Number of Purchase Loans i
7
(Feb 2024)
-30%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 13
  • December '23 Dec '23 15
  • November '23 Nov '23 14
  • October '23 Oct '23 12
  • September '23 Sep '23 17
  • August '23 Aug '23 10
  • July '23 Jul '23 15
  • June '23 Jun '23 21
  • May '23 May '23 19
  • April '23 Apr '23 12
  • March '23 Mar '23 14
Number of REFI Loans i
4
(Feb 2024)
-55.6%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 3
  • December '23 Dec '23 4
  • November '23 Nov '23 7
  • October '23 Oct '23 12
  • September '23 Sep '23 13
  • August '23 Aug '23 2
  • July '23 Jul '23 5
  • June '23 Jun '23 7
  • May '23 May '23 9
  • April '23 Apr '23 6
  • March '23 Mar '23 9
Number of HELOC Loans i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 4
  • December '23 Dec '23 6
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 8
  • August '23 Aug '23 7
  • July '23 Jul '23 8
  • June '23 Jun '23 2
  • May '23 May '23 10
  • April '23 Apr '23 N/A
  • March '23 Mar '23 4

Gaithersburg, MD 20877 Foreclosure Activity

There were a total of 2 Gaithersburg, MD 20877 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 5
  • September '23 Sep '23 3
  • August '23 Aug '23 3
  • July '23 Jul '23 1
  • June '23 Jun '23 5
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Foreclosure Starts i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 4
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • 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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