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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

$501,152

AVERAGE PRICE OF 400 HOMES

$383,444

AVERAGE PRICE OF 18 DISTRESSED HOMES

$1,520,813

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$907,800

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$849,675

AVERAGE PRICE OF 4 HOMES WITH A POOL

$510,015

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $501,152
Avg Bedrooms 2.95 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $217,054
2 bedrooms $291,578
3 bedrooms $460,096
4 bedrooms $618,919
5 bedrooms $679,541
Silver Spring Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 445 524 553 580 609
Average Price $488,259 $504,394 $516,659 $524,525 $523,171
Avg Price Change -3.30% -2.43% -1.52% +0.26% -1.83%
Median Price $451,561 $475,398 $497,081 $501,262 $511,023
Med Price Change -5.28% -4.56% -0.84% -1.95% -2.54%
Avg Bedrooms 2.9 beds 3 beds 3.04 beds 3.06 beds 3.1 beds
Avg Bathrooms 2.37 baths 2.46 baths 2.5 baths 2.51 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albert Einstein 20 $630,747 35 days
Montgomery Blair 16 $436,637 45 days
Northwood 20 $547,990 42 days
Rockville 11 $320,318 35 days
Wheaton 10 $464,269 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 400 $501,152 76 days
Distressed Homes 18 $383,444 145 days
Multi-Million Dollar Homes 16 $1,520,813 213 days
Newly Built Homes 5 $907,800 256 days
Homes with a Pool 4 $849,675 61 days
Reduced Price Homes 13 $510,015 82 days
eXp Realty
Alma Wiggins
451 Hungrford Drive, #119-216
Rockville, MD 20850
301-785-4869

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: January 31, 2023 11 PM.
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