20882 Home Values & Market Trends

There are 26 homes currently listed for 20882. 20882 real estate market trends show that home prices range from $209,900 to $1,950,000, and the median sales price in the 20882 zip code is $750,507.71. The total number of properties sold within the past twelve months is 123. In 20882, 4 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.

20882 Real Estate Market Overview

CityMedian Est. Value
Gaithersburg

$ 525,570

$ 265/sqft

Housing Market Summary for 20882

Apr 2023March 2024Change
Median Listing Price$875K$675.4K-22.81%
Median Sold Price$668.2K$675.4K1.08%
Homes For Sale2121-
Homes Sold8368-18.07%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 20882

The median list price of a home in Gaithersburg, is $750,507.71. A total of 26 properties are for sale, and the percentage of properties for sale in the zip code is 26.00%. The total count of 20882 properties is 4,527.

Foreclosure
There is 1 cities within 20882; within this cities, the median estimated home value for homes in foreclosure ranges from $1,871,350 in gaithersburg to the lowest value of $150,531 in gaithersburg. Foreclosure homes account for 0.00% of properties in 20882 with gaithersburg containing 39 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in 20882 with gaithersburg containing 20 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 20882; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,154,929 in gaithersburg to the lowest home value of $153,823 in gaithersburg.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 20882 ranges from the highest value of $463,430 in gaithersburg to the lowest value of $150,531 in gaithersburg. Bank owned homes and properties account for 0.02% of properties in 20882. There is 1 cities within 20882; gaithersburg containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    gaithersburg has 14 auction properties, the highest number of properties going to auction in a single city in the state of 20882. Auction homes and other auction properties account for 0.02% of all properties in 20882. There is 1 cities within 20882; of that cities, the median estimated home value for homes going to auction ranges from $1,871,350 in gaithersburg to the lowest value of $192,394 in gaithersburg.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in 20882 with gaithersburg containing 166 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 20882; homes for sale in that cities, have a range of median values from $2,228,774 in gaithersburg to the lowest value of $134,401 in gaithersburg.
    Sold Homes
    The median value for recently sold homes ranges from $1,745,490 in gaithersburg to the lowest price of $83,951 in gaithersburg. There is 1 cities within 20882. gaithersburg has 671 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.66% of properties in 20882.

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      Guide for 20882

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes 20882

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