20878, MD Housing Market

Homes for sale

The 20878 housing market is very competitive. Homes in 20878 receive 4 offers on average and sell in around 22 days. The median sale price of a home in 20878 was $637K last month, down 9.0% since last year. The median sale price per square foot in 20878 is $280, up 4.5% since last year.

Trends
Demand
Market Insights
Schools
Climate
Transportation

20878 Housing Market Trends

What is the housing market like in 20878 today?

$637K

Sale Price

-9.0%
since last year

$280

Sale $/Sq. Ft.

+4.5%
since last year

Over List Price

1.3%

Days on Market

Down Payment

35.1%

Total Homes Sold

To compare other locations to the 20878 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Maryland add value to a home.

How hot is the 20878 housing market?

20878 is very competitive. Homes sell in 22 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 22 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 days.

Compare With Nearby Zip codes

20171

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 26 days.
Hot homes
can sell for about 3% above list price and go pending in around 6 days.

20854

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 19 days.
Hot homes
can sell for about 5% above list price and go pending in around 5 days.

See more nearby cities and neighborhoods

Home offer insights for 20878

Explore recent offers and recently sold homes in 20878

Recent offers

Offer Not Accepted|
11 Weeks Ago
~$250K Offer
Sold for $250K
2 bd | 2 ba | ~1,000 sqft
Over List Price
0%
Days on Market
49
Competing Offers
2
Down Payment
~30%
Phil Reding
20878 Redfin Agent

View houses in 20878 that sold recently

Recently sold homes

SOLD NOV 30, 2023
$730,000 Last Sold Price
5 beds
3.5 baths
2,430 sq ft
12032 Cheyenne Rd, Gaithersburg, MD 20878
(301) 983-0200
List Price
$735,000
Sale to List
1% under list
Days on Market
55 days
12032 Cheyenne Rd, Gaithersburg, MD 20878
SOLD NOV 30, 2023
$206,888 Last Sold Price
1 bed
1 bath
879 sq ft
9701 Fields Rd #400, Gaithersburg, MD 20878
(301) 340-6100
List Price
$206,888
Sale to List
0% over list
Days on Market
36 days
9701 Fields Rd #400, Gaithersburg, MD 20878
SOLD NOV 28, 2023
$799,900 Last Sold Price
4 beds
3 baths
2,750 sq ft
14916 Keeneland Cir, North Potomac, MD 20878
(301) 602-3904
List Price
$799,900
Sale to List
0% over list
Days on Market
77 days
14916 Keeneland Cir, North Potomac, MD 20878
SOLD NOV 28, 2023
$680,000 Last Sold Price
5 beds
3 baths
2,332 sq ft
15533 Peach Leaf Ln, North Potomac, MD 20878
(240) 403-0400
List Price
$725,000
Sale to List
6% under list
Days on Market
82 days
15533 Peach Leaf Ln, North Potomac, MD 20878
BOUGHT WITH REDFIN NOV 28, 2023
$635,000 Last Sold Price
4 beds
3.5 baths
3,084 sq ft
12421 Falconbridge Dr, North Potomac, MD 20878
(301) 445-1395 Redfin Corp
List Price
$635,000
Sale to List
0% over list
Days on Market
38 days
12421 Falconbridge Dr, North Potomac, MD 20878
SOLD NOV 27, 2023
$610,000 Last Sold Price
4 beds
2.5 baths
2,006 sq ft
12009 Suffolk Ter, Gaithersburg, MD 20878
(240) 912-4986
List Price
$625,000
Sale to List
2% under list
Days on Market
89 days
12009 Suffolk Ter, Gaithersburg, MD 20878
SOLD NOV 22, 2023
$603,000 Last Sold Price
3 beds
2 baths
1,696 sq ft
14206 Travilah Rd, Rockville, MD 20850
(301) 260-2090
List Price
$520,000
Sale to List
16% over list
Days on Market
23 days
14206 Travilah Rd, Rockville, MD 20850
SOLD NOV 21, 2023
$427,500 Last Sold Price
2 beds
2 baths
1,367 sq ft
140 Chevy Chase St #401, Gaithersburg, MD 20878
(301) 979-7270
List Price
$449,000
Sale to List
5% under list
Days on Market
25 days
140 Chevy Chase St #401, Gaithersburg, MD 20878
See all recently sold homes in 20878.
See listings

Schools in 20878

Learn about schools in the 20878 area

Elementary
Middle
High

GreatSchools Rating

9/10 Stone Mill Elementary School Public • PreK-5	613 Students	12 reviews
8/10 Rachel Carson Elementary School Public • PreK-5	973 Students	10 reviews
8/10 Travilah Elementary School Public • PreK-5	358 Students	11 reviews
8/10 Lakewood Elementary School Public • K-5	476 Students	5 reviews
7/10 Diamond Elementary School Public • PreK-5	770 Students	14 reviews

Only showing 5 of 17 elementary schools.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on 20878 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 20878.

Risk Factor

Heat Factor - Major

89% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in 20878

Learn about the walkability, bikeability, and transit-friendliness of 20878

More real estate resources for 20878

New Listings in 20878

Nearby Zip Code Housing Markets

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Montgomery County Housing Market

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20878, MD Housing Market

20878 Housing Market Trends

How hot is the 20878 housing market?

Home offer insights for 20878

Recent offers

View houses in 20878 that sold recently

Recently sold homes

Schools in 20878

GreatSchools Rating

Climate's impact on 20878 housing

Flood Factor - Moderate

Flood Factor

Fire Factor - Minor

Fire Factor

Wind Factor - Minimal

Wind Factor

Heat Factor - Major

Heat Factor

Transportation in 20878

More real estate resources for 20878

New Listings in 20878

Nearby Zip Code Housing Markets

County Housing Markets

City Housing Markets

Nearby Zip Code Listings

County Listings

City Listings

Rentals