Market Intelligence · MD / Gaithersburg

Gaithersburg, MD 20878 Housing Market

Gaithersburg, MD 20878 has a typical home value of $692,469, down 1.2% over the past year. The median list price is $749,450, with homes staying on the market for a median of 36 days.

Updated August 2026Median value$686K

The median home value in Gaithersburg, MD 20878 is $686K as of August 2026, down 0.8% 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 20878 range

$631K to $741K

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

-0.8% over 12 months

Typical home value in 20878 over the last 12 months: $692K in Aug 2025 to $686K in Aug 2026 (-0.8%).

Aug 2025$692K

Aug 2026$686K

The numbers

What is the 20878 housing market like?

Typical home value

$686K

Down0.8%YoY

Median list price

$749K

Down0.4%MoM

Days on market

36

Up9.1%MoM

Homes for sale

135

Down2.2%MoM

Price cuts

17.0%

Down5.5%MoM

New listings

68

Down12.8%MoM

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

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The comparison

How do 20878 home prices compare?

  • 20878$686,193
  • 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

The ZIP has 135 homes for sale as of early August 2026, with 68 new listings entered recently. The median days on market of 36 suggests reasonable buyer traffic, though 17.0% of listings have received price cuts. This combination indicates a market in transition. For sellers, the declining home values and presence of price reductions suggest caution about overpricing and timing.

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20% · $137,239

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