Quantcast

Maryland State Wire

Sunday, April 20, 2025

Gaithersburg median home prices fell by 4.7% in January 2022

Webp re 13

The median sale price of a home sold in January 2022 in Gaithersburg fell by $20,500 while total sales increased by 12%, according to BlockShopper.com.

In January 2022, there were 84 homes sold, with a median sale price of $419,500 - a 4.7% decrease over the $440,000 median sale price for the same period of the previous year. There were 75 homes sold in Gaithersburg in January 2021.

The median sales tax in Gaithersburg for the most recent year with available data, 2020, was $4,750, approximately 1.1% of the median home sale price for January 2022.

The following table compares Gaithersburg to other Montgomery County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Forest Glen12119.1%$484,950$314,50054.2%
Wheaton-Glenmont5355-3.6%$470,000$435,0008%
Poolesville84100%$465,500$270,00072.4%
Rockville63613.3%$455,000$565,500-19.5%
Damascus3037-18.9%$450,000$405,50011%
Gaithersburg847512%$419,500$440,000-4.7%
Calverton10666.7%$410,000$342,00019.9%
Burtonsville913-30.8%$382,000$350,0009.1%
North Bethesda5367-20.9%$375,000$449,000-16.5%
Montgomery Village1088822.7%$370,000$313,50018%
Fairland1719-10.5%$350,000$296,25018.1%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS