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Community spotlight: Gaithersburg

Gaithersburg sits in a top school district and is home to the National Institute of Standards and Technology
  • Of the 773 existing homes currently for sale in Gaithersburg, the median listing price is $400,000.

  • The city is home to the National Institute of Standards and Technology.

  • The area's school district is ranks as the second best in Maryland.

Gaithersburg, Maryland/ Flickr user ehpien New urbanism and quality schools have turned Gaithersburg, a northwest suburb of Washington D.C., into Maryland's fourth largest city. Boasting a population of roughly 67,000, the city is divided into west and east sections by Interstate 270. The eastern side is considered Olde Towne, while the western portion is home to a number of transit-oriented developments and wealthier neighborhoods. The western portion is also the primary driver of home values in the city. As of late April, there were 773 homes for sale within the market. The median listing price of these homes stood at $400,000, while the median closing price was at $351,000. The city has a modest supply of single-family rentals, as 199 such properties are currently up for lease. [graphiq id="3Q5YcOzYDXL" title="Gaithersburg, MD Profile" width="600" height="603" url="https://w.graphiq.com/w/3Q5YcOzYDXL" link="http://places.findthehome.com/l/44657/Gaithersburg-MD" link_tex...