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Foreclosures in Gaithersburg, MD

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Living in Gaithersburg, MD

Gaithersburg, MD, is a vibrant city with a diverse community and suburban charm. It offers ample recreational areas, excellent schools, and a variety of shopping and dining options. With its proximity to Washington, D.C., Gaithersburg is an ideal location for families and professionals alike.

Current Market Conditions in Gaithersburg, MD

The real estate market in Gaithersburg is currently experiencing steady growth, with a consistent demand for residential properties. Home values have seen a moderate increase, driven by the area’s appealing amenities and location.

Investors can expect good returns as the city continues to attract new residents and developers look to expand residential and commercial properties. The diverse housing options, ranging from affordable condos to luxurious homes, cater to a variety of buyers.

Home Value Estimator For Gaithersburg, MD

There are currently 43,242 real estate properties in Gaithersburg, MD, with a median automated valuation model (AVM) price of $501,319.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gaithersburg, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gaithersburg, MD, is $649,000.00, with the most expensive house in Gaithersburg, MD, topping out at $186,811,328.00 and the cheapest home in Gaithersburg, MD, clocking in at $11,601.00. In other words, there’s something for every potential homebuyer or savvy investor in Gaithersburg, MD!

Rent Prices In Gaithersburg, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gaithersburg, MD, is on a rollercoaster ride. The average rent price in Gaithersburg, MD, is $2,341.00. Indeed, when looking to rent in Gaithersburg, MD, you can expect to pay as little as $980.00 or as much as $7,360.00, with the average rent median estimated to be $2,240.00. The good news is that finding an affordable and desirable property to rent in Gaithersburg, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Gaithersburg, MD Foreclosures


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