Gaithersburg, MD Real Estate
According to census data in the year 2000 there were 20,562 housing units in Gaithersburg.
This represents a 28% growth from 16,059 in 1990.
Of those housing units, 20,562 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Gaithersburg is about 53%.
Gaithersburg's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Gaithersburg were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.40% |
| One Bedroom | 20.10% |
| Two Bedrooms | 28% |
| Three Bedrooms | 29.40% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $171,100 |
| Median Price asked for vacant units | $165,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $1,054 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 10.80% |
| Home Equity Loan | 9.50% |
| Simple Mortgage | 71.60% |
| Debt Free | 7.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
