Market Snapshot
- Median listing price
- $850K
- Median rent
- $2,850/mo
- Days on market
- 125 days
- Gross rental yield
- 4.02%
The median listing price in Gaithersburg, MD ZIP 20878 is $849,900 as of July 2026.
The median market rent in Gaithersburg, MD ZIP 20878 is $2,850/month as of July 2026.
The median days on market in Gaithersburg, MD ZIP 20878 is 125 days as of July 2026. The market is currently neutral.
At a median list price of $849,900 and a median rent of $2,850/month, the gross rental yield in Gaithersburg, MD ZIP 20878 is 4.02% as of July 2026.
Gaithersburg, MD 20878 Real Estate Market Report
ZIP Code: 20878
Report Date: July 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Gaithersburg, MD are averaging approximately 6.5%, reflecting a stable market environment for property owners in this area.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- $796,500 median sold price is the primary indicator of realized market value and recent transaction activity for July 2026; up price momentum (price year-over-year trend: up) suggests modest appreciation in recent sales.
- $849,900 median listing price sits above the median sold price, which may indicate pricing friction or elevated seller expectations relative to completed transactions; this gap appears meaningful when assessing negotiation leverage.
- 125 median days on market signals slower sales velocity and extended marketing timelines compared with faster-turning markets, which may reflect a neutral market temperature and selective buyer pace rather than acute weakness. moderate liquidity may persist as listings and sales work toward equilibrium.
- $2,850 median market rent combined with rent year-over-year trend: up and a neutral market temperature suggests continued rental demand supporting investor interest; interest rate pressure is described as moderate and current 30‑year fixed mortgage rates are approximately 6.5%, which may temper affordability for buyers while keeping investor activity viable.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.49% rate, 1.0% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 7/10/2026
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