Is Gaithersburg, MD 20877 a buyer’s or seller’s market?

The Gaithersburg housing market right now

In the three months ending August 31, 2026, 35% of homes in Gaithersburg, MD 20877 sold above their list price, the typical home went under contract in 50 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 52 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold more slowly (42 days then) and the median sale price held steady to $474,795. Overall, Gaithersburg is more competitive than a year ago, so tougher for buyers.

Within Montgomery County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Gaithersburg ranks #136 of 241 MD ZIP codes with enough sales (score 63 out of 100).

Nearby, buyers who want less competition could look at Garrett Park 20896 (0% sold over asking) or Washington Grove 20880 (0% sold over asking), while Silver Spring 20905 (74% sold over asking) and Boyds 20841 (51% sold over asking) are even more competitive.