How does the housing market look in 20879? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
20879 Gaithersburg, MD
Median Sale Price
$405,495
4.7%
New Listings
11
69.4%
Number of Homes Sold
16
Median Days on Market
9
123.0%
Market Overview
All Home Types
In the last 30 days, homes for sale in 20879, Gaithersburg, MD sold for a median price of $405,495, down 4.7% compared to the same period last year. The median price per square foot was $234.68, down 1.3% year-over-year. There were 16 homes sold, same as last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 20879, Gaithersburg, MD was 22, down 62.7% compared to last year. In the last 30 days, 11 new homes were listed for sale, down 69.4% year-over-year. The median days on market was 9.2, up from 4.13 days last year. The months of supply was 0.31, down from 1.56 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 20879, Gaithersburg, MD had a median sale-to-list-price ratio of 100.14%, down 4.5 pt compared to the same period last year. 62.5% of homes sold above list price, down 12.5 pt year-over-year. 6.25% of homes listed dropped in price, same as last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In 20879
Century 21 Redwood Realty • MLS MDMC2087260 • Status: Active
RE/MAX Realty Services • MLS MDMC2087204 • Status: Active
Weichert, REALTORS • MLS MDMC2086988 • Status: Coming Soon
Century 21 Redwood Realty • MLS MDMC2086974 • Status: Active
Northrop Realty • MLS MDMC2085512 • Status: Active
Redfin Corp • MLS MDMC2080732 • Status: Active