Gaithersburg, MD 20878 Real Estate Market Report

ZIP Code: 20878
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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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.

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Market Metrics

Note: 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.

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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.

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Liquidity & Velocity

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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.

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Key Findings

1. $755,000 as the median sold price confirms recent transaction values remain elevated relative to many prior periods, indicating up price momentum.

2. $799,900 median listing price vs. realized sales suggests pricing friction; sellers may need to adjust expectations or allow longer marketing windows to achieve full price.

3. 204 median days on market signals slower sales velocity and extended negotiation timelines, so price-anchoring and staging/marketing are more important for timely closings.

4. $378.6407766990291 median price per square foot provides a precise basis for comps; use it for nuanced per-unit pricing rather than gross list-to-sale comparisons.

5. $2,970 median market rent combined with rising rents supports sustained investor interest, but moderate interest rate pressure cautions on leverage-sensitive acquisitions.

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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.