Gaithersburg, MD 20898 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Gaithersburg, MD — 20898
Median Listing Price
--
Population
--
Households
389,210
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
407K
units
Occupied
389,210
95.7%
Vacant
17,321
4.3%
2024 Tenure
389K
occupied
Owner
254,139
65.3%
Renter
135,071
34.7%
Renter Share
34.7%
+0.1% YoY
Total Housing Units
406,531
+0.3% YoY
FY2026 Fair Market Rent — Montgomery County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,953
/month
1 BR
$2,015
/month
2 BR
$2,246
/month
3 BR
$2,835
/month
4 BR
$3,332
/month
FMR Trends — Montgomery County
Source: HUD Fair Market Rents
County Demographics
Median Age
40.2
2024
Population
Montgomery County Population
1,082,273
+1.2% YoY
Households
Total Households
389,210
+0.3% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.72
+0.7% YoY
Age
2024 Age Mix
1.1M
residents
Under 18
243,139
22.8%
Adults 18–64
641,671
60.2%
65 & Over
181,139
17.0%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
243,139
+0.2% YoY
Population 65 & Over
181,139
+3.5% YoY
Median Age
40.20
+0.2% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
88.1%
Moved (within US)
10.4%
Other
1.5%
Veterans
4.2%
+2.4% YoY
County Economy
Income
Median Household Income
$132K
+2.9% YoY
Per-Capita Income
$68K
+2.2% YoY
Mean Household Income
$181K
+2.4% YoY
Poverty
Below Poverty Level
7.5%
+5.6% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
52.8%
Public transit
7.5%
Worked from home
28.3%
Other
11.4%
Worked From Home
28.3%
+11.0% YoY
Mean Commute
31.90
-1.5% YoY
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