
3330 N Leisure World Blvd Unit 5-807
Silver Spring, MD 20906
Amy Donley · Long & Foster Real Estate, Inc.
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Compass Real Estate · Silver Spring, MD
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Housing market overview · Updated monthly ·
$650,000median sale price
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.)
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
| Metric | Value |
|---|---|
| Median sale price | $650,000 |
| Median list price | $472,000 |
| Year-over-year price change | -3.7% |
| Average days on market | 31 days |
| Active inventory | 150 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $321/sq ft |
| Homes sold (latest month) | 47 |
| New listings (latest month) | 74 |
| Listings with a price cut | 26.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How the Silver Spring, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $707,000 | $369/sq ft | 30 | 23 days |
| Condo / Co-op | $251,000 | $268/sq ft | 10 | 56 days |
| Townhouse | $645,000 | $292/sq ft | 7 | 31 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.
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.

Silver Spring, MD 20906
Amy Donley · Long & Foster Real Estate, Inc.

Silver Spring, MD 20906
Rochelle Ruffin · Compass
Silver Spring, MD 20906
Carlos Garcia · Keller Williams Flagship

Silver Spring, MD 20902
Barak Sky · Serhant

Silver Spring, MD 20901
Yework Birre · Heymann Realty, LLC
Silver Spring, MD 20903
David D'Costa · Home Resource Realty-HRR

Silver Spring, MD 20901
Nikecia Peterson · D&D Properties

Silver Spring, MD 20901
Kay Houghton · EXP Realty, LLC

Silver Spring, MD 20904
Karen Rollings · EXP Realty, LLC

Silver Spring, MD 20904
Mario Banegas · Taylor Properties

Silver Spring, MD 20905
MOTI SHIFERAW · Keller Williams Capital Properties

Silver Spring, MD 20910
Melissa Strocko · Redfin Corp
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Active listings
150
Homes on market
Median list price
$472K
Avg. days on market
31
Days until sale
New this week
74
Newly listed
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
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
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.
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
Wheaton High
Grades 9-12 · 2,747 students
Springbrook High
Grades 9-12 · 1,874 students
John F. Kennedy High
Grades 9-12 · 1,854 students
James Hubert Blake High
Grades 9-12 · 1,809 students
Northwood High
Grades 9-12 · 1,745 students
Takoma Park Middle
Grades 6-8 · 1,124 students
Silver Spring International Middle
Grades 6-8 · 1,062 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Silver Spring side-by-side with any other U.S. city using our market-comparison tool.
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.
The median home sale price in Silver Spring is $650,000, down 3.7% from last year.
Homes typically spend 31 days on market before going under contract.
The median household income is $98,880 per year.
With 3.2 months of supply, Silver Spring is currently a seller's market.
There are currently 150 homes listed for sale in Silver Spring, MD.
The Zillow Home Value Index (ZHVI) for Silver Spring is $556,503, representing the typical home value in the area.
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.
The median single-family home price in Silver Spring, MD is $707,000 (about $369 per square foot).
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