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Market Intelligence · MD / Gaithersburg

Gaithersburg, MD 20878 Housing Market

The typical home in Gaithersburg's 20878 ZIP is valued at $680,693, down 0.6% over the past year as of September 2026. The median list price sits at $757,250, and homes are spending a median of 33 days on the market.

Updated September 2026Median value$681K

The median home value in Gaithersburg, MD 20878 is $681K as of September 2026, down 0.6% 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 20878 range

$626K to $735K

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

-0.6% over 12 months

Typical home value in 20878 over the last 12 months: $685K in Sep 2025 to $681K in Sep 2026 (-0.6%).

Sep 2025$685K

Sep 2026$681K

The numbers

What is the 20878 housing market like?

Typical home value

$681K

Down0.6%YoY

Median list price

$757K

Up1.0%MoM

Days on market

33

Down8.3%MoM

Homes for sale

145

Up7.4%MoM

Price cuts

25.4%

Up49.6%MoM

New listings

78

Up14.7%MoM

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

The outlook

20878 housing market forecast 2027

+0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 20878 to stay roughly flat by September 2027 (up 0.4%).

Over the 12 months through September 2026, typical home values in 20878 fell 0.6%, per the Zillow Home Value Index.

Will home prices drop in 20878?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 20878 to stay roughly flat by September 2027 (up 0.4%), after a 0.6% 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 20878 home prices compare?

  • 20878$680,693
  • 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 145 homes for sale in 20878 as of September 2026, with 78 new listings coming on that month. The median days on market was 33, which points to a market that is still moving but not at a rush. A quarter of sellers are adjusting, with 25.4% of listings showing a price cut. Meanwhile, the typical home value of $680,693 has slipped 0.6% over the past year, well below the median list price of $757,250. For a seller, the honest read is that buyers have room to negotiate and pricing realistically from day one matters more than it did a year ago.

Monthly payment

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20% · $136,139

Common questions

What people ask us.

How much is a home in 20878 worth?

The typical home value in 20878 is $680,693 as of September 2026, down 0.6% over the past year.

How long does it take to sell a home in 20878?

Homes in 20878 spent a median of 33 days on the market as of September 2026. There were 145 homes for sale that month, with 78 new listings.

Are sellers cutting prices in 20878?

Yes. As of September 2026, 25.4% of listings in 20878 had a price cut.

Discover

Nearby ZIP markets.

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