Zip 20878 (Gaithersburg, MD) Housing

In the 20878 Gaithersburg, MD area, the median house value is $630,400, which is significantly higher than the US average of $338,100. Over the last year, house values in this area have appreciated by 5.58%, which is slightly below the national average of 8.27%. This indicates that housing prices in this area are stable and may not be a great investment for buyers looking for quick appreciation.

The median home cost in Gaithersburg (zip 20878) is $630,400. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Gaithersburg (zip 20878) is up 11.3%.

Average Age of Homes

- The median age of Gaithersburg (zip 20878) real estate is 30 years old

The Rental Market in Gaithersburg (zip 20878)

- Renters make up 27.4% of the Gaithersburg (zip 20878) population
- 1.6% of houses and apartments in Gaithersburg (zip 20878), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gaithersburg, Maryland	United States
	25,479.0	139,647,020.0
	34	42
	$630,400	$338,100
	11.3%	16.6%
	30.3%	57.0%
	46.2%	101.1%
	$9.99	$10.98
	$5,818	$2,690
	65.2%	57.4%
	3.9%	11.2%
	30.9%	31.4%
Vacant Housing
	1.6%	1.9%
	0.2%	0.4%
	0.3%	0.7%
	0.5%	0.4%
	0.5%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.2%	2.4%
	0.1%	2.8%
	0.4%	3.9%
	0.2%	4.5%
	1.3%	11.3%
	2.0%	13.0%
	5.7%	20.1%
	12.9%	13.6%
	14.4%	8.3%
	36.9%	9.7%
	18.6%	3.9%
	5.2%	2.2%
	0.1%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	19.9%	13.6%
	32.7%	13.2%
	20.3%	14.8%
	19.9%	13.6%
	0.8%	10.0%
	0.6%	4.7%
	0.7%	12.2%

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