Is Gaithersburg, MD 20882 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Gaithersburg is a seller’s market. With about 3 months of supply and 43% 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.

Competition score70/ 100

More competitive than 74% of U.S. ZIP codes, and #95 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

Months of supply3Under 4 months = seller’s market
Sold above original list42.5%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$241▲ +5.7% vs. last year

The Gaithersburg housing market right now

In the three months ending August 31, 2026, 43% of homes in Gaithersburg, MD 20882 sold above their list price, the typical home went under contract in 38 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 41 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold faster (42 days then) and the median sale price fell 1% to $834,639. Overall, Gaithersburg is more competitive than a year ago, so tougher for buyers.

Within Montgomery County, homes here sell faster than in 54% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Gaithersburg ranks #95 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.

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 →

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 3 months of supply in Gaithersburg, MD 20882 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 38 days in the latest three months.

Do homes in Gaithersburg sell over asking?

43% of homes sold above their original list price, and the typical sale closed at 100.3% 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 $834,639 in the three months ending August 31, 2026, about $241 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