Is Gaithersburg, MD 20879 a buyer’s or seller’s market?
Gaithersburg is a seller’s market. With about 2.3 months of supply and 34% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 74% of U.S. ZIP codes, and #94 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gaithersburg housing market right now
In the three months ending August 31, 2026, 34% of homes in Gaithersburg, MD 20879 sold above their list price, the typical home went under contract in 35 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 58 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (33% then), homes sold about as fast and the median sale price rose 2% to $467,598. Overall, Gaithersburg is about as competitive as it was a year ago.
Within Montgomery County, homes here sell faster than in 66% of the county’s ZIP codes, and sell less often over asking than in 51%. On our competition score, Gaithersburg ranks #94 of 241 MD ZIP codes with enough sales (score 70 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.
Run the numbers for 20879
Nearby markets
Ashton 20861Seller’s market $224 /sq ftBarnesville 20838 $218 /sq ftBethesda 20814Seller’s market $425 /sq ftBethesda 20816Seller’s market $495 /sq ft Browse all markets →Towns like Gaithersburg nearby
Find towns like Gaithersburg in other states →Where Gaithersburg is
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Questions about Gaithersburg real estate
Is Gaithersburg a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Gaithersburg, MD 20879 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gaithersburg?
The typical home went under contract in 35 days in the latest three months.
Do homes in Gaithersburg sell over asking?
34% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Gaithersburg?
About 0.87% of a home’s value a year in Montgomery County, or roughly $3,480 on a $400,000 home.
What is the median home price in Gaithersburg?
The median sale price was $467,598 in the three months ending August 31, 2026, about $255 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology