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Market Intelligence · MD / Montgomery County

Gaithersburg, MD home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$574K1-yr changeDown1.1%

The typical home value in Gaithersburg, MD is $574K as of September 2026, down 1.1% from a year ago, based on the Zillow Home Value Index. In the typical Gaithersburg ZIP code, the median list price is $659K and homes spend a median of 37 days on market as of September 2026 (Realtor.com).

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The coverage

Gaithersburg, by the numbers.

Typical home valueZillow ZHVI, September 2026
$574K
1-yr changeMedian across Gaithersburg ZIPs
-1.1%
ZIP markets live9 tracked in Gaithersburg
4
County
Montgomery County

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12-month value trend

-1.1% over 12 months

Typical home value in Gaithersburg over the last 12 months: $581K in Sep 2025 to $574K in Sep 2026 (-1.1%).

Sep 2025$581K

Sep 2026$574K

Median Zillow home value index across Gaithersburg's ZIP codes.

Context

Gaithersburg's housing market is cooling as the year winds down. The typical home value sits at $574,227, down 1.1% over the past year as of September 2026. With 280 homes for sale and 158 new listings that month, supply is growing. The median list price of $658,625 reflects asking prices well above recent sales values, and 21.8% of listings have already seen price cuts. Homes are spending a median of 37 days on market. For sellers, the window to list before facing serious competition is narrowing.

The numbers

What is the housing market like in Gaithersburg, MD?

Typical home value

$574K

Down1.1%YoY

Median list price

$659K

Days on market

37

Homes for sale

280

Price cuts

21.8%

New listings

158

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Gaithersburg's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Gaithersburg, MD home prices over time

Typical home values in Gaithersburg, MD are down 1.1% over the past year, from $581K in September 2025 to $574K in September 2026.

Typical home value in Gaithersburg, MD, September of each year
MonthTypical value1-yr change
September 2026$574,227-1.1%
September 2025$580,874No prior year

Typical value is the median Zillow Home Value Index across Gaithersburg ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Gaithersburg, MD a buyer's or seller's market?

Gaithersburg, MD is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 37 days on market and 22% of listings with a price cut in the typical Gaithersburg ZIP code, and 158 new listings against 280 active listings across Gaithersburg, as of September 2026 (Realtor.com).

The outlook

Gaithersburg housing market forecast 2027

+0.3%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Gaithersburg ZIP codes, points to typical home values holding roughly flat by September 2027 (up 0.3%).

Over the 12 months through September 2026, typical home values in Gaithersburg fell 1.1%, per the Zillow Home Value Index.

Will home prices drop in Gaithersburg?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Gaithersburg shows typical home values holding roughly flat by September 2027 (up 0.3%), after a 1.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Gaithersburg ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Gaithersburg?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 9 Gaithersburg ZIP codes in total; the remaining 5 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Gaithersburg, MD home prices.

What is the typical home value in Gaithersburg?

The typical home value in Gaithersburg is $574,227 as of September 2026, down 1.1% over the past year.

How long do homes typically stay on the market in Gaithersburg?

Homes spend a median of 37 days on market in Gaithersburg as of September 2026.

How many homes are currently for sale in Gaithersburg?

There are 280 homes for sale in Gaithersburg as of September 2026, with 158 new listings that same month.

Are home prices going up or down in Gaithersburg, MD?

Typical home values in Gaithersburg, MD are down 1.1% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Gaithersburg, MD a buyer's or seller's market?

Gaithersburg, MD is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 37 days on market and 22% of listings with a price cut in the typical Gaithersburg ZIP code, and 158 new listings against 280 active listings across Gaithersburg, as of September 2026 (Realtor.com).

Nearby markets

More Maryland housing markets.

The market is moving

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