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Sarah Mitchell

CNESRESABR

Compass Real Estate · Silver Spring, MD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Silver Spring, MD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Silver Spring, MD Housing Market & Real Estate

Seller's market-3.7% YoY

Housing market overview · Updated monthly ·

$650,000median sale price

How is the Silver Spring, MD housing market right now?

The median home sale price in Silver Spring, MD is $650,000, down 3.7% year-over-year. Homes sell in an average of 31 days with 150 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Silver Spring a buyer's or seller's market?

Seller's market3.2 months of supply31 avg. days on market

Silver Spring, MD is currently a seller's market, based on 3.2 months of supply and homes selling in about 31 days. How we determine this →

Homes sold

47

Last 12 weeks

Days on market

31

Average pace

Active listings

150

3.2 months supply

Sale-to-list

100.6%

Above asking

What does the Silver Spring housing market data show?

Current housing market statistics for Silver Spring, MD
MetricValue
Median sale price$650,000
Median list price$472,000
Year-over-year price change-3.7%
Average days on market31 days
Active inventory150 listings
Months of supply3.2 months
Sale-to-list price ratio100.6%
Median price per sq ft$321/sq ft
Homes sold (latest month)47
New listings (latest month)74
Listings with a price cut26.7%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Silver Spring by property type?

How the Silver Spring, MD market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Silver Spring, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$707,000$369/sq ft3023 days
Condo / Co-op$251,000$268/sq ft1056 days
Townhouse$645,000$292/sq ft731 days

Source: Redfin · Updated monthly

The Silver Spring housing market is currently classified as a seller's market with a median sale price of $650,000. Prices have fallen 3.7% compared to last year, with homes spending an average of 31 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.

Homes for sale in Silver Spring

There are currently 150 homes listed for sale in Silver Spring, Maryland. The median listing price is $472K. Featured listings range from $260,000 to $925,000.

2 bedroom condo for sale at 3330 N Leisure World Blvd Unit 5-807 Silver Spring 20906 - $260,000
New Listing
57
$260,000

3330 N Leisure World Blvd Unit 5-807

Silver Spring, MD 20906

2 bd2 ba1,115 sqft$233/ft²
Condo

Amy Donley · Long & Foster Real Estate, Inc.

View photos & details
2 bedroom condo for sale at 3210 N Leisure World Blvd Apt 420 Silver Spring 20906 - $400,000
New Listing
23
$400,000

3210 N Leisure World Blvd Apt 420

Silver Spring, MD 20906

2 bd2 ba1,320 sqft$303/ft²
Condo

Rochelle Ruffin · Compass

View photos & details
New Listing
$435,000

2109 Blue Knob Ter

Silver Spring, MD 20906

3 bd4 ba2,030 sqft$214/ft²
Townhouse1,600 sqft lot

Carlos Garcia · Keller Williams Flagship

View photos & details
3 bedroom house for sale at 11527 Grandview Ave Silver Spring 20902 - $549,900
New Listing
4
$549,900

11527 Grandview Ave

Silver Spring, MD 20902

3 bd3 ba1,750 sqft$314/ft²
House6,756 sqft lot

Barak Sky · Serhant

View photos & details
4 bedroom house for sale at 10128 Dallas Ave Silver Spring 20901 - $599,999
New Listing
$599,999

10128 Dallas Ave

Silver Spring, MD 20901

4 bd2 ba1,570 sqft$382/ft²
House6,289 sqft lot

Yework Birre · Heymann Realty, LLC

View photos & details
New Listing
$649,900

9720 Hedin Dr

Silver Spring, MD 20903

5 bd4 ba2,492 sqft$261/ft²
House7,405 sqft lot

David D'Costa · Home Resource Realty-HRR

View photos & details
4 bedroom house for sale at 812 Forest Glen Rd Silver Spring 20901 - $669,000
New Listing
47
$669,000

812 Forest Glen Rd

Silver Spring, MD 20901

4 bd3 ba1,888 sqft$354/ft²
House7,500 sqft lot

Nikecia Peterson · D&D Properties

View photos & details
3 bedroom house for sale at 314 Whitestone Rd Silver Spring 20901 - $685,000
New Listing
36
$685,000

314 Whitestone Rd

Silver Spring, MD 20901

3 bd2 ba1,774 sqft$386/ft²
House7,475 sqft lot

Kay Houghton · EXP Realty, LLC

View photos & details
5 bedroom house for sale at 13605 Stoner Dr Silver Spring 20904 - $715,000
New Listing
47
$715,000

13605 Stoner Dr

Silver Spring, MD 20904

5 bd3 ba3,290 sqft$217/ft²
House21,780 sqft lot

Karen Rollings · EXP Realty, LLC

View photos & details
6 bedroom house for sale at 531 Norcross Way Silver Spring 20904 - $767,000
New Listing
30
$767,000

531 Norcross Way

Silver Spring, MD 20904

6 bd4 ba2,472 sqft$310/ft²
House10,000 sqft lot

Mario Banegas · Taylor Properties

View photos & details
6 bedroom house for sale at 1316 Windmill Ln Silver Spring 20905 - $775,000
New Listing
$775,000

1316 Windmill Ln

Silver Spring, MD 20905

6 bd4 ba3,544 sqft$219/ft²
House17,000 sqft lot

MOTI SHIFERAW · Keller Williams Capital Properties

View photos & details
4 bedroom house for sale at 2300 Warren Ct Silver Spring 20910 - $925,000
New Listing
$925,000

2300 Warren Ct

Silver Spring, MD 20910

4 bd4 ba2,530 sqft$366/ft²
House6,825 sqft lot

Melissa Strocko · Redfin Corp

View photos & details

Looking to buy in Silver Spring?

Get connected with a local real estate expert — free, no obligation.

Active listings

150

Homes on market

Median list price

$472K

Avg. days on market

31

Days until sale

New this week

74

Newly listed

Price drops:26.7%of listings
Sale-to-list:100.6%

Who lives in Silver Spring?

Population

82,129

Median income

$98,880/yr

Median age

35.2 years

Owner-occupied

38.2%

College grads

59.8%

Avg commute

32.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Silver Spring?

Zillow home value

$556,503

Zillow rent index

$1,966/mo

Price-to-rent ratio

23.6x

Price-to-income

5.6x

Source: Zillow Research

What is it like to live in Silver Spring?

Silver Spring is a community of approximately 82K residents with a median age of 35.2 years.The median household income is $98,880, which reflects a relatively affluent area with strong earning potential. 59.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 38.2%, showing a blend of owner and renter-occupied properties. The average commute time is 32.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Silver Spring offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Silver Spring?

50 schools tracked · 41,815 students

The largest public schools serving Silver Spring, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Montgomery Blair High

Grades 9-12 · 3,261 students

Public

Wheaton High

Grades 9-12 · 2,747 students

Public

Springbrook High

Grades 9-12 · 1,874 students

Public

John F. Kennedy High

Grades 9-12 · 1,854 students

Public

James Hubert Blake High

Grades 9-12 · 1,809 students

Public

Northwood High

Grades 9-12 · 1,745 students

Public

Takoma Park Middle

Grades 6-8 · 1,124 students

Public

Silver Spring International Middle

Grades 6-8 · 1,062 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Silver Spring, MD?

Want a head-to-head view? Compare Silver Spring side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Silver Spring?

Is Silver Spring a good real estate investment market?

For investors evaluating Silver Spring, the price-to-rent ratio of 23.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Silver Spring's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Silver Spring's median home price.

Frequently asked questions

What is the average home price in Silver Spring?

The median home sale price in Silver Spring is $650,000, down 3.7% from last year.

How long do homes stay on market in Silver Spring?

Homes typically spend 31 days on market before going under contract.

What is the median income in Silver Spring?

The median household income is $98,880 per year.

Is Silver Spring a buyer's or seller's market?

With 3.2 months of supply, Silver Spring is currently a seller's market.

How many homes are for sale in Silver Spring?

There are currently 150 homes listed for sale in Silver Spring, MD.

What is the Zillow home value estimate for Silver Spring?

The Zillow Home Value Index (ZHVI) for Silver Spring is $556,503, representing the typical home value in the area.

What is the median condo price in Silver Spring?

The median condo/co-op sale price in Silver Spring, MD is $251,000, compared to $707,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Silver Spring?

The median single-family home price in Silver Spring, MD is $707,000 (about $369 per square foot).

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