The story of this market
The typical home in ZIP 20878 sells for about $714,193, or $385 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 8 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,226 a month.
ZIP 20878 — Gaithersburg
The 20878 housing market is highly competitive, characterized by rising home values and a high concentration of educated, remote-capable professionals. Strong demand is driven by the area's proximity to the D.C. metro core and high-quality school systems, keeping inventory tight and sale-to-list ratios near asking price.
This ZIP is ideal for family buyers and professionals who value highly-rated schools, proximity to the D.C. metro employment core, and a suburban lifestyle with modern amenities.
Median prices moved up 2.4% year over year.
Homes spend a median of 8 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 5.2% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 20878, Montgomery County MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by highly-rated public schools within the Montgomery County Public Schools system, reflecting a highly educated population with 71% of residents holding a bachelor's degree or higher.
The area features a mix of established residential character and modern mixed-use developments like Crown, with strong economic momentum driven by proximity to the Washington D.C. employment core.
Property taxes are administered by Montgomery County; rates are determined by the county council and include state, county, and municipal levies, with specific assessments managed by the Maryland Department of Assessments and Taxation.
Residents benefit from proximity to major transit corridors including I-270, with a mean commute time to work of approximately 29.4 minutes.
The area offers access to local parks, trails, and the Crown shopping and dining district, providing a variety of retail and entertainment options within a short distance.
The rental market is characterized by a mix of apartments and townhouses with a median rent of $2,068, reflecting high demand in a suburban employment hub.
The economy is anchored by a highly educated workforce and proximity to the Washington-Arlington-Alexandria metro area, with significant employment in technology, government, and professional services.
The area is served by major highway corridors including I-270, facilitating access to the broader Washington D.C. metropolitan region.
Development activity is focused on mixed-use expansion and residential infill, particularly in areas like Crown.
Parcels are subject to Montgomery County property tax levies and are served by the Montgomery County Public Schools district.
Data sourced from U.S. Census Bureau and ACS 2025 estimates.
- F1 Arcade Washington, D.C.4.619.1 mi
- Lake Fairfax Park4.610.5 mi
- Dave & Buster's417.7 mi
- Adventure Park USA4.119 mi
- Sky Zone Trampoline Park4.13.4 mi
- Capital One Arena4.518.9 mi
- Walter E. Washington Convention Center4.518.5 mi
- International Spy Museum4.419.5 mi
- John F. Kennedy Center for the Performing Arts4.817.9 mi
- The Wharf DC4.719.8 mi
- Great Falls Park4.87.6 mi
- Westfield Montgomery4.48 mi
- Westfield Wheaton4.211.6 mi
- Dulles Town Center4.310.5 mi
- Glenstone4.72.9 mi
- Lincoln Memorial4.818.4 mi
- Smithsonian National Museum of Natural History4.819.1 mi
- Smithsonian's National Air and Space Museum4.619.5 mi
- United States Capitol4.719.8 mi
- National Mall4.819 mi
- Great Falls Park4.87.6 mi
- Brookside Gardens4.811.8 mi
- Meadowlark Botanical Gardens4.811.6 mi
- Wolf Trap National Park for the Performing Arts4.811.5 mi
- Clemyjontri Park4.812.2 mi
- Topgolf Loudoun4.411.1 mi
- Topgolf Germantown4.35.6 mi
- Congressional Country Club4.78.5 mi
- Trump National Golf Club Washington DC46.3 mi
- Needwood Golf Course4.36.3 mi
- Clarksburg Premium Outlets4.48.7 mi
- Tysons Galleria4.512.5 mi
- Westfield Montgomery4.48 mi
- Westfield Wheaton4.211.6 mi
- Reston Town Center4.411.7 mi
- Dulles International Airport4.115.3 mi
- Ronald Reagan Washington National Airport4.221 mi
- Capital One Lounge at IAD4.314.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major mixed-use development featuring retail, dining, and residential spaces.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.