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Featured local agent — Spring Ridge, MD
Sarah Mitchell
Compass Real Estate · Spring Ridge, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spring Ridge, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$420,375median sale price
How is the Spring Ridge, MD housing market right now?
The median home sale price in Spring Ridge, MD is $420,375, down 34.8% year-over-year. Homes sell in an average of 31 days with 17 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 Spring Ridge a buyer's or seller's market?
Spring Ridge, MD is currently a seller's market, based on 2.1 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
31
Average pace
Active listings
17
2.1 months supply
Sale-to-list
100.5%
Above asking
What does the Spring Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $420,375 |
| Median list price | $675,000 |
| Year-over-year price change | -34.8% |
| Average days on market | 31 days |
| Active inventory | 17 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $209/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 11 |
| Listings with a price cut | 17.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Spring Ridge by property type?
How the Spring Ridge, 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 | $785,000 | $242/sq ft | 2 | 51 days |
| Condo / Co-op | $280,000 | — | 1 | 33 days |
| Townhouse | $415,750 | $204/sq ft | 5 | 6 days |
Source: Redfin · Updated monthly
The Spring Ridge housing market is currently classified as a seller's market with a median sale price of $420,375. Prices have fallen 34.8% compared to last year, with homes spending an average of 31 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Spring Ridge
There are currently 17 homes listed for sale in Spring Ridge, Maryland. The median listing price is $675K.
Active listings
17
Homes on market
Median list price
$675K
Avg. days on market
31
Days until sale
New this week
11
Newly listed
Who lives in Spring Ridge?
Population
5,720
Median income
$143,079/yr
Median age
37.1 years
Owner-occupied
87.4%
College grads
59.6%
Avg commute
31.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Spring Ridge?
Spring Ridge is a community of approximately 6K residents with a median age of 37.1 years.The median household income is $143,079, which reflects a relatively affluent area with strong earning potential. 59.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 87.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Spring Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Spring Ridge, MD?
Want a head-to-head view? Compare Spring Ridge side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spring Ridge?
The median home sale price in Spring Ridge is $420,375, down 34.8% from last year.
How long do homes stay on market in Spring Ridge?
Homes typically spend 31 days on market before going under contract.
What is the median income in Spring Ridge?
The median household income is $143,079 per year.
Is Spring Ridge a buyer's or seller's market?
With 2.1 months of supply, Spring Ridge is currently a seller's market.
What is the median condo price in Spring Ridge?
The median condo/co-op sale price in Spring Ridge, MD is $280,000, compared to $785,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Spring Ridge?
The median single-family home price in Spring Ridge, MD is $785,000 (about $242 per square foot).
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