20878 Home Values & Market Trends
There are 95 homes currently listed for 20878. 20878 real estate market trends show that home prices range from $176,900 to $2,495,000, and the median sales price in the 20878 zip code is $712,792.63. The total number of properties sold within the past twelve months is 634. In 20878, 13 properties are in foreclosure, 2 are bank owned properties,and 4 are headed for auction.
20878 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Gaithersburg | $ 508,580 $ 274/sqft |
Housing Market Summary for 20878
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $614.5K | $618.4K | 0.64% |
| Median Sold Price | $688.8K | $618.4K | -10.22% |
| Homes For Sale | 96 | 81 | -15.63% |
| Homes Sold | 377 | 342 | -9.28% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 20878
Browse Homes in 20878
The median list price of a home in Gaithersburg, is $712,792.63. A total of 95 properties are for sale, and the percentage of properties for sale in the zip code is 95.00%. The total count of 20878 properties is 20,074.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in 20878 with gaithersburg containing 22 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 20878; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 20878 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 0.01% of properties in 20878. There is 1 cities within 20878; gaithersburg containing 5 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsgaithersburg has 14 auction properties, the highest number of properties going to auction in a single city in the state of 20878. Auction homes and other auction properties account for 0.02% of all properties in 20878. There is 1 cities within 20878; 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.
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More Real Estate Resources for 20878
Guide for 20878
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