20899, Gaithersburg, MD

The Gaithersburg, MD 20899 zip code has a population of around 101,000 people. The median household income in the 20899 zip code is $106,000. The home equity and home prices in the 20899 zip code are both high.

The average home value in the 20899 zip code is $317,500. The median home equity value in the 20899 zip code is $217,500. The average home price per square foot in the 20899 zip code is $157. This means that homes in the 20899 zip code are worth more than homes in other parts of Gaithersburg by a significant margin.

There are a number of reasons why homes in the 20899 zip code are worth so much more than homes elsewhere in Gaithersburg. One reason is that there are fewer homes for sale in the20899 zipcode than there are elsewhere in Gaithersburg. This means that there is more demand for homes in the 20899zipcode than there is supply, which drives up prices. Additionally, many homeowners who live in the20899zipcode have high home equity values because their houses have been well-maintained and they have saved up for a long time to buy their house outright or to pay off some of their mortgage debt. Finally, many people who liveinthe20879zipcode own their homes free and clear – no one else owns any part of their house or property – which gives them a lot more bargaining power when it comes to negotiating a sale or lease agreement on their home