Call or Text (240) SELL-123
Emory Grove

GAITHERSBURG, MD 20877

Real Estate Market Report  ·  Montgomery County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 20877

Emory Grove

Market Analysis

Data as of March 2026. Source: Realtor.com.

The GAITHERSBURG, MD real estate market (20877) currently shows 52 active listings, with 21 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 34 days on market compared to 15 days last year.

The median listing price has fallen 18.6% year-over-year, from $524,995 to $427,225.

Whether you are buying or selling in GAITHERSBURG, MD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for GAITHERSBURG, MD 20877 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 38,524  ·  Density: 2,636.9/mi²  ·  Median household income: $86,134

Typical home value: $442,360  ·  Homeownership: 43.6%

Market Overview

Active Listings
52
⇧ 62.5% vs 32 last year
Pending
21
40% pending ratio
Median Price
$427,225
⇩ 18.6% vs $524,995 last year
Average Price
$452,024
⇩ 12.5% vs $516,680 last year
Days on Market
34
⇧ 126.7% vs 15 days last year

Price Per Square Foot

Median $/sqft
$261
⇧ 0.4% vs $260/sqft last year
Median Home Size
1,570 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 52 this year vs 32 last year
  • Days on market: 34 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $427,225 (-18.6% YoY)
  • Average: $452,024 (-12.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.2 miles — 727 listings ($598,400,705 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20877Gaithersburg, MD 208770.0 mi45$19,450,935$410,400$432,243
20879Gaithersburg, MD 208792.2 mi44$17,155,204$341,250$389,891
20855Derwood, MD 208553.0 mi35$25,612,545$630,225$731,787
20878Gaithersburg, MD 208783.7 mi100$78,215,000$650,000$782,150
20851Rockville, MD 208515.7 mi14$8,765,862$564,243$626,133
20874Germantown, MD 208745.9 mi96$48,695,232$390,750$507,242
20882Gaithersburg, MD 208826.7 mi27$25,780,437$853,675$954,831
20854Potomac, MD 208547.6 mi127$241,368,707$1,445,750$1,900,541
20906Silver Spring, MD 209068.0 mi181$67,476,800$262,475$372,800
20860Sandy Spring, MD 208608.5 mi2$1,199,998$599,999$599,999
20862Brinklow, MD 208629.5 mi1$1,150,000$1,150,000$1,150,000
20895Kensington, MD 208959.9 mi50$57,771,900$1,073,725$1,155,438
20861Ashton, MD 2086110.2 mi5$5,758,085$1,068,000$1,151,617

Frequently Asked Questions

How many homes are for sale in GAITHERSBURG, MD 20877?

As of March 2026, there are 52 active listings in GAITHERSBURG, MD (zip code 20877), compared to 32 the prior year.

What is the median home price in GAITHERSBURG, MD 20877?

The median listing price in GAITHERSBURG, MD 20877 is $427,225 as of March 2026, a 18.6% decrease from $524,995 the prior year.

How long do homes stay on the market in GAITHERSBURG, MD?

Homes in GAITHERSBURG, MD 20877 spend an average of 34 days on the market before going under contract, compared to 15 days the prior year.

Is it a seller's or buyer's market in GAITHERSBURG, MD 20877?

Based on current inventory and days-on-market data as of March 2026, GAITHERSBURG, MD 20877 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 15 days last year.

How much can I save on real estate commission in GAITHERSBURG, MD?

With SELL123.com's maximum 3% commission, sellers in GAITHERSBURG, MD 20877 save an estimated $8,545 compared to a typical 5% commission on the median listing price of $427,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.