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
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Silver Spring, MD Housing Market
Seller's market-2.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Silver Spring, MD is worth $542,238, fell 2.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $650,000, -3.7% year over year (through May 2026). With 3.2 months of supply and homes going under contract in about 31 days, Silver Spring is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $542,238 home is about $2,895/mo in principal and interest.
Key numbers for Silver Spring, MD
Typical home value
$542,238
-2.7% in 12 months
Zillow, August 2026
Typical asking rent
$1,962/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$650,000
-3.7% year over year
Redfin, through May 2026
Days on market
31
Average pace
Redfin, through May 2026
Active listings
150
3.2 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$98,880
Home costs 5.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.6%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Silver Spring a buyer's or seller's market?
Seller's market3.2 months of supply31 days on market100.6% of asking
Silver Spring, MD is a seller's market, based on 3.2 months of supply and homes selling in about 31 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Silver Spring housing market data show?
Every row below is Redfin's final published month for Silver Spring, MD. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $650,000 |
| Median list price | $472,000 |
| Year-over-year price change | -3.7% |
| Median price per sq ft | $321/sq ft |
| Median days on market | 31 days |
| Active inventory | 150 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 100.6% |
| Homes sold (that month) | 47 |
| New listings (that month) | 74 |
| Listings with a price cut | 26.7% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Silver Spring is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Silver Spring is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Silver Spring home prices moved?
Over the last three years the median sale price in Silver Spring, MD fell 9.4%, from $717,500 to $650,000. The live Zillow value series has fell 2.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.7% of Silver Spring listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.2 months while the sale-to-list ratio slips below its current 100.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Silver Spring?
Priced off the typical home value of $542,238 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $108,448 | $433,790 | $2,895/mo |
| 5% | $27,112 | $515,126 | $3,438/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,895, that implies roughly $124,061 a year before you add taxes and insurance. The median household in Silver Spring earns $98,880, about $25,181 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Silver Spring in the next 12 months?
Tell us your timeline. We send the Silver Spring market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Silver Spring?
Typical asking rent in Silver Spring, MD is $1,962/mo, against a typical home value of $542,238. That is a price-to-rent ratio of 23.0x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,895 a month — $933 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Silver Spring?
Active listings in Silver Spring, MD went from 126 in May 2025 to 150 in May 2026, a +19.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 130 | 61 |
| July 2025 | 117 | 40 |
| August 2025 | 113 | 42 |
| September 2025 | 133 | 68 |
| October 2025 | 131 | 56 |
| November 2025 | 108 | 26 |
| December 2025 | 91 | 22 |
| January 2026 | 93 | 32 |
| February 2026 | 108 | 43 |
| March 2026 | 120 | 58 |
| April 2026 | 142 | 75 |
| May 2026 | 150 | 74 |
Redfin, through May 2026
How does Silver Spring compare to Maryland and the U.S.?
Silver Spring homes sell for $650,000 — 36% above the Maryland median of $477,300. Against the national median of $410,700, Silver Spring runs 58% higher. Year-over-year, Silver Spring moved -3.7% against Maryland's +5.5% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Silver Spring, MD | $650,000 | -3.7% | 31 days |
| Maryland statewide | $477,300 | +5.5% | 34 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Silver Spring
What buyers should watch
- Months of supply, currently 3.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 26.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $543 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $542,238 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Silver Spring listing goes under contract in 31 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.6% of asking. Price at the number you want and let competition do the rest.
- In the last published month Silver Spring added 74 new listings against 47 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -2.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Silver Spring varies more than the citywide median suggests — check the ZIP pages below before you set a number.
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.
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
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
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
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
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
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
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
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
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%
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. Redfin, through May 2026
| 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 |
Who lives in Silver Spring?
American Community Survey estimates for Silver Spring. U.S. Census ACS, 2023
Population
82,129
Households
34,167
Median income
$98,880/yr
Median age
35.2 years
Owner-occupied
38.2%
Median home value
$619,400
Median gross rent
$1,899/mo
Mean commute
32.9 min
38.2% of occupied homes in Silver Spring are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $619,400 against Zillow's $542,238 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,899/mo, below Zillow's $1,962/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
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
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.
Which cities are near Silver Spring, MD?
Ordered by distance from Silver Spring, not by size. Compare Silver Spring side by side with any of them.
Which ZIP codes are in Silver Spring?
These are the ZIP codes we see on active Silver Spring listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Silver Spring housing market FAQ
Is Silver Spring a buyer's or seller's market?
Silver Spring, MD is currently a seller's market. That read comes from 3.2 months of supply, homes going under contract in about 31 days, and sellers getting 100.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Silver Spring?
The typical home in Silver Spring, MD is worth $542,238 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $650,000, about $321 per square foot.
Is Silver Spring cheaper than the rest of Maryland?
Silver Spring's median sale price of $650,000 is 36% higher than the Maryland statewide median of $477,300, and 58% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Silver Spring?
Homes in Silver Spring, MD spent a median of 31 days on market before going under contract, versus 34 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Silver Spring?
At the current 30-year fixed rate of 7.03%, 20% down on a $542,238 home is about $2,895 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $124,061 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $98,880.
Are home prices rising in Silver Spring?
The typical home value in Silver Spring, MD fell 2.7% over the last 12 months, from $557,535 to $542,238 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Silver Spring?
Silver Spring ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Silver Spring?
That depends on your timeline, not on a headline. What the data says today: Silver Spring, MD is a seller's market with 3.2 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 23.0x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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