What is the average home price in Gaithersburg, MD 20877?

As of May '26, the median home price in Gaithersburg, MD 20877 is $477,000, based on Zillow home estimates.

How have home prices in Gaithersburg, MD 20877 changed over the past year?

As of May '26, home prices have decreased 2.2% over the past year, according to Zillow home estimates data.

What is the home price projection for Gaithersburg, MD 20877?

As of May '26, Zillow projects home prices in Gaithersburg, MD 20877 to decrease 0.5% in the next year.

What are the demographics of Gaithersburg, MD 20877?

According to the latest Census, the demographics of Gaithersburg, MD 20877 are 19.4% White, 16.1% Black, 14.4% Asian, 47.4% Hispanic. The population is 39,100, with 24.5% under 18 years old.

How long does it take homes to sell in Gaithersburg, MD 20877?

According to Realtor.com, as of May '26, the median home in Gaithersburg, MD 20877 is on the market for 41 days. This is an increase of 132.0% from last year.

What is the average rent price in Gaithersburg, MD 20877?

The average rent price in Gaithersburg, MD 20877, as of the latest data, is $2,280. The average rent for 1 bedroom homes is $1,810. For 2, 3, and 4 bedroom homes, the average rent is $2,350, $2,730, and $3,400 respectively.

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Gaithersburg, MD—20877

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$477,000

2.2% YoY Growth

Household Income

$86,100

25.0% YoY Growth

Days on Market

132.0% Longer YoY

Home Price Forecast

-0.5%

Median Rent

$2,200

2.7% YoY Growth

1-Bed Rent

$1,900

0.5% YoY Growth

2-Bed Rent

$2,460

2.6% YoY Growth

3-Bed Rent

$2,680

1.1% YoY Growth

Other Zip Codes in Gaithersburg, MD

20882 20878 20879

Home Price Trends — Gaithersburg, MD

As of May '26, the median home price in Gaithersburg, MD is $477,000, with a year-over-year change of -2.2%. This indicates that home prices in Gaithersburg, MD are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$477,000	-2.2%
Single Family	$530,000	-1.5%
Condos	$232,000	-4.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$415,000	-13.0%
Listing Count	67	41.0%
Listings as % of Homes	0.1%	41.0%
Days on Market	41	132.0%

Metric	Latest Census	YoY % Change
Population	39,100	0.5%
% Under 18	24.5%	1.7%
% Seniors	15.1%	24.8%
% WFH	15.9%	511.5%
% w/ College Degree	35.2%	-2.8%

Metric	Zip Code Average
Total Loan Originations	112
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

Total Units under HUD	786
Total Units Section 8	784
% Rentals under Section 8	10.8%
% Occupied Section 8	93.2%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$50	$1,900	$1,950
2 Bedroom	-$260	$2,460	$2,200
3 Bedroom	$70	$2,680	$2,750
4 Bedroom	-$60	$3,300	$3,240

Gaithersburg, MD—20877

Key Metrics at a Glance

Other Zip Codes in Gaithersburg, MD

Home Price Trends — Gaithersburg, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gaithersburg, MD

% of Rental Stock

Property Listings — Gaithersburg, MD

Demographics — Gaithersburg, MD

Race and Ethnicity

Mortgage and Risk — Gaithersburg, MD

Mortgages

Rentals and Section 8 — Gaithersburg, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Gaithersburg, MD

Home Price to Income Ratio

Gaithersburg, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Washington Grove

Brown

Montgomery Village, MD

Gaithersburg, MD

Rockville, MD

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$2,200	$2,280
Studio Rent	$1,650	$1,640
1 Bed Rent	$1,900	$1,810
2 Bed Rent	$2,460	$2,350
3 Bed Rent	$2,680	$2,730
4 Bed Rent	$3,300	$3,400

Metric	Latest Census	5-Year % Change
% White	19.4%	-16.7%
% Black	16.1%	-13.0%
% Hispanic	47.4%	11.8%
% Asian	14.4%	12.5%
% Foreign Born	47.3%	4.9%

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$477,000
Median Household Income	$86,100