Threshold US · Maryland land

New-build home prices in 20877

Montgomery County, MD · 1,048 recorded sales 2021-2026 · MD SDAT

Recorded home sales in ZIP 20877 (Montgomery County) run a median of $262 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $206 and $336/sq ft.

$262
median $/sq ft (2021-2026)
$415,000
median sale price
1,382
median home size (sq ft)
1,048
qualified sales analyzed

What new homes sell for in 20877

At the local median of $262/sq ft, a new home would price roughly:

1,500 sq ft$393,000
2,000 sq ft$524,000
2,500 sq ft$655,000
3,000 sq ft$786,000

A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.

By home type

Home typeSalesMedian $/sq ftMedian sizeMedian price
Single-family611$3031,542 sf$500,000
Condominium437$2041,132 sf$240,000

Recent sales in 20877

TypeSq ftSale price$/sq ftYr builtSold
Single-family1,552$735,000$47420153/2026
Single-family1,696$635,000$37420131/2026
Condominium2,760$575,000$20820134/2026
Condominium1,694$570,000$33720162/2026
Single-family2,400$560,000$23320061/2026
Single-family1,564$550,000$35220001/2026
Single-family1,245$510,000$41019464/2026
Single-family864$460,000$53219541/2026
Single-family816$455,000$55819641/2026
Condominium1,868$445,000$23820063/2026
Single-family1,400$431,000$30819571/2026
Single-family1,596$419,000$26319801/2026
Condominium674$409,900$60820192/2026
Single-family1,260$400,000$31819842/2026
Single-family1,380$378,000$27419961/2026

Appraising a site in 20877?

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Questions about 20877 home prices

What is the price per square foot in 20877?
Recent recorded home sales in ZIP 20877 (Montgomery County, MD) run a median of $262 per square foot, with the middle half between $206 and $336, from 1,048 qualified sales in 2021-2026.
What does a home sell for in 20877?
The typical recorded sale in 20877 is a 1,382 sq ft home at $415,000. A new 1,382 sq ft home at the local $262/sq ft would price around $362,084.
Where does this 20877 data come from?
Maryland Department of Planning parcel data derived from the State Department of Assessments and Taxation (SDAT) property records. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.

All of Montgomery County →
Nearby ZIPs: 20880 · 20899 · 20879 · 20855 · 20886 · 20850 · 20878 · 20876
Maryland land hub

Method: improved arms-length residential sales with recorded structure square footage (2021+) from Maryland Department of Planning parcel data derived from the State Department of Assessments and Taxation (SDAT) property records, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.