Silver Spring, MD Housing Market & Real Estate

Balanced market+4.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Silver Spring, MD is $680,000, up 4.6% year-over-year. Homes sell in an average of 47 days with 105 active listings. The market is currently a balanced market.

$680,000median sale price

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

Balanced market5.5 months of supply47 avg. days on market

Silver Spring, MD is currently a balanced market, based on 5.5 months of supply and homes selling in about 47 days. How we determine this →

Homes sold

19

Last 12 weeks

Days on market

47

Average pace

Active listings

105

5.5 months supply

Sale-to-list

100.2%

Above asking

Silver Spring, MD market data

Current housing market statistics for Silver Spring, MD
MetricValue
Median sale price$680,000
Median list price$564,500
Year-over-year price change+4.6%
Average days on market47 days
Active inventory105 listings
Months of supply5.5 months
Sale-to-list price ratio100.2%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Silver Spring housing market is currently classified as a balanced market with a median sale price of $680,000. Prices have risen 4.6% compared to last year, with homes spending an average of 47 days on market, indicating 5.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Silver Spring

There are currently 105 homes listed for sale in Silver Spring, Maryland. The median listing price is $565K. 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
Condo
Est. $219KSold 2005 for $267K

Amy Donley · Long & Foster Real Estate, Inc.

More about this property
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
Condo
Est. $364KSold 2014 for $273K

Rochelle Ruffin · Compass

More about this property
New listing
$435,000

2109 Blue Knob Ter

Silver Spring, MD 20906

3 bd4 ba2,030 sqft
Townhouse1,600 sqft lot
Est. $522KSold 2005 for $396K

Carlos Garcia · Keller Williams Flagship

More about this property
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
House6,756 sqft lot
Est. $545KSold 2001 for $190K

Barak Sky · Serhant

More about this property
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
House6,289 sqft lot
Est. $585KSold 1993 for $161K

Yework Birre · Heymann Realty, LLC

More about this property
New listing
$649,900

9720 Hedin Dr

Silver Spring, MD 20903

5 bd4 ba2,492 sqft
House7,405 sqft lot
Est. $526KSold 2026 for $400K

David D'Costa · Home Resource Realty-HRR

More about this property
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
House7,500 sqft lot
Est. $450KSold 2026 for $430K

Nikecia Peterson · D&D Properties

More about this property
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
House7,475 sqft lot
Est. $687KSold 2018 for $480K

Kay Houghton · EXP Realty, LLC

More about this property
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
House21,780 sqft lot
Est. $751KSold 2002 for $401K

Karen Rollings · EXP Realty, LLC

More about this property
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
House10,000 sqft lot
Est. $665KSold 2001 for $389K

Mario Banegas · Taylor Properties

More about this property
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
House17,000 sqft lot
Est. $631KSold 1987 for $163K

MOTI SHIFERAW · Keller Williams Capital Properties

More about this property
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
House6,825 sqft lot
Est. $743KSold 2019 for $748K

Melissa Strocko · Redfin Corp

More about this property

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Active listings

105

Homes on market

Median list price

$565K

Avg. days on market

47

Days until sale

New this week

44

Newly listed

Price drops:20.0%of listings
Sale-to-list:100.2%

Top public schools in 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.

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Frequently asked questions

What is the average home price in Silver Spring?

The median home sale price in Silver Spring is $680,000, up 4.6% from last year.

How long do homes stay on market in Silver Spring?

Homes typically spend 47 days on market before going under contract.

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

With 5.5 months of supply, Silver Spring is currently a balanced market.

How many homes are for sale in Silver Spring?

There are currently 105 homes listed for sale in Silver Spring, MD.

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