Market Intelligence · MD / Gaithersburg

Gaithersburg, MD 20877 Housing Market

The typical home in Gaithersburg, MD 20877 is worth $476,868, down 2.1% over the past year. The median list price stands at $549,999, with homes spending a median of 55 days on the market.

Updated August 2026Median value$472K

The median home value in Gaithersburg, MD 20877 is $472K as of August 2026, down 1.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 20877 range

$434K to $510K

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

Typical home value in 20877 over the last 12 months: $481K in Aug 2025 to $472K in Aug 2026 (-1.9%).

Aug 2025$481K

Aug 2026$472K

The numbers

What is the 20877 housing market like?

Typical home value

$472K

Down1.9%YoY

Median list price

$550K

Up2.8%MoM

Days on market

55

Up31.0%MoM

Homes for sale

37

Down14.0%MoM

Price cuts

15.6%

Down16.1%MoM

New listings

20

Flat0.0%MoM

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

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The comparison

How do 20877 home prices compare?

  • 20877$471,996
  • Gaithersburg$579,095
  • Maryland$448,067
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Gaithersburg: 4 ZIPs; Maryland: 423 ZIPs; United States: 26,265 ZIPs).

Context

There are 37 homes for sale in the area, with 20 new listings added recently. About 15.6% of listings have seen a price cut, suggesting sellers are adjusting to market conditions. The gap between typical home value and median list price reflects the range of properties available. For sellers, the extended time on market and price reductions point to a buyer-favorable environment where pricing strategy matters significantly.

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20% · $94,399

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