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Silver Spring

Why you'd want to live in Silver Spring

Silver Spring is the culture and art hub of Montgomery County, Maryland and is home to colorful murals, inviting community destinations, and performance venues. Located directly north of Washington, DC, Silver Spring is the place to visit for a family-friendly outing, weekend trip with friends, or romantic getaway. Shop your way through the many retail options, have a group dinner at a new restaurant, or dance the night away at a concert performed by your favorite artist via visitmontgomery.com

Silver Spring Market Report

$518,361

AVERAGE PRICE OF 446 HOMES

$345,133

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,428,568

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$1,031,457

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$858,360

AVERAGE PRICE OF 5 HOMES WITH A POOL

$555,580

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $518,361
Avg Bedrooms 2.97 beds
Avg Bathrooms 2.51 baths

Average Price by Bedrooms

1 bedroom $178,572
2 bedrooms $282,231
3 bedrooms $511,815
4 bedrooms $674,799
5 bedrooms $724,792
Silver Spring Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 422 396 394 371 445
Average Price $501,948 $495,077 $495,702 $495,305 $488,259
Avg Price Change +1.39% -0.13% +0.08% +1.44% -3.30%
Median Price $459,508 $452,155 $456,396 $453,096 $451,561
Med Price Change +1.63% -0.94% +0.73% +0.34% -5.28%
Avg Bedrooms 2.89 beds 2.92 beds 2.9 beds 2.88 beds 2.9 beds
Avg Bathrooms 2.46 baths 2.42 baths 2.39 baths 2.38 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albert Einstein 15 $545,246 34 days
James Hubert Blake 16 $724,799 36 days
Montgomery Blair 21 $679,254 64 days
Northwood 20 $606,120 20 days
Rockville 14 $315,892 41 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 446 $518,361 59 days
Distressed Homes 12 $345,133 207 days
Multi-Million Dollar Homes 22 $1,428,568 128 days
Newly Built Homes 7 $1,031,457 232 days
Homes with a Pool 5 $858,360 50 days
Reduced Price Homes 10 $555,580 133 days
eXp Realty
Alma Wiggins
451 Hungrford Drive, #119-216
Rockville, MD 20850
301-785-4869

Fair Housing/Equal Opportunity
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which eXp Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2023 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: May 28, 2023 11 PM.
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