Market Intelligence · MD / Gaithersburg

Gaithersburg, MD 20877 Housing Market

In Gaithersburg, MD 20877, the typical home value is $467,760, down 1.9% over the past year as of September 2026. The median list price is $560,000, and homes are spending a median of 45 days on market.

Updated September 2026Median value$468K

The median home value in Gaithersburg, MD 20877 is $468K as of September 2026, down 1.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 20877 range

$430K to $505K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.9% over 12 months

Sep 2025$477K

Low $468KHigh $477K

Sep 2026$468K

The numbers

What is the 20877 housing market like?

As of September 2026

Typical home value

$468K

1.9%YoY

Median list price

$560K

1.8%MoM

Days on market

18.2%MoM

Homes for sale

16.2%MoM

Price cuts

14.7%

5.6%MoM

New listings

10.0%MoM

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

The outlook

20877 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 20877 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 20877 fell 1.9%, per the Zillow Home Value Index.

Will home prices drop in 20877?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 20877 to stay roughly flat by September 2027 (up 0.2%), after a 1.9% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 20877 home prices compare?

20877$467,760
Gaithersburg$574,227
Maryland$444,850
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Gaithersburg: 4 ZIPs; Maryland: 423 ZIPs; United States: 26,262 ZIPs).

Context

There were 43 homes for sale in September 2026, with 18 new listings coming on during the same period. The median list price was $560,000 while the typical home value was $467,760, so sellers should not assume asking prices equal final value. A median of 45 days on market points to a slower pace than a hot market. The 14.7% share of listings with a price cut fits with values being down 1.9% over the past year. For a seller, the honest read is that pricing needs to be realistic from the start.

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Down payment20% · $93,552

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Common questions

What people ask us.

How much is a home in 20877 worth?

The typical home value is $467,760 as of September 2026, down 1.9% over the past year.

Are homes selling quickly in Gaithersburg 20877?

The median days on market is 45 as of September 2026, which suggests buyers have some time to compare options.

Are sellers cutting prices in 20877?

As of September 2026, 14.7% of listings had a price cut. That is consistent with a market where some asking prices started too high.

Discover

Nearby ZIP markets.

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