Is Gaithersburg, MD 20884 a buyer’s or seller’s market?
Gaithersburg is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Gaithersburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Gaithersburg, MD 20884 sold above their list price and the typical home went under contract in 57 days. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (210 days then) and the median sale price fell 9% to $577,750. Overall, Gaithersburg is more competitive than a year ago, so tougher for buyers.
Run the numbers for 20884
Where Gaithersburg is
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Questions about Gaithersburg real estate
How fast do homes sell in Gaithersburg?
The typical home went under contract in 57 days in the latest three months.
Do homes in Gaithersburg sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What is the median home price in Gaithersburg?
The median sale price was $577,750 in the three months ending August 31, 2026, about $351 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