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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

$540,197

AVERAGE PRICE OF 422 HOMES

$419,693

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,604,800

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$1,111,500

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$506,960

AVERAGE PRICE OF 5 HOMES WITH A POOL

$539,574

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $540,197
Avg Bedrooms 2.93 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $187,829
2 bedrooms $281,741
3 bedrooms $527,492
4 bedrooms $656,306
5 bedrooms $835,679
Silver Spring Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 418 422 454 450 422
Average Price $494,031 $490,445 $509,942 $517,779 $501,948
Avg Price Change +0.73% -3.98% -1.54% +3.15% +1.39%
Median Price $473,119 $459,829 $489,931 $484,948 $459,508
Med Price Change +2.89% -6.55% +1.03% +5.54% +1.63%
Avg Bedrooms 2.91 beds 2.89 beds 2.98 beds 2.96 beds 2.89 beds
Avg Bathrooms 2.43 baths 2.44 baths 2.53 baths 2.49 baths 2.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albert Einstein 15 $550,060 31 days
John F. Kennedy 18 $496,516 47 days
Northwood 23 $657,200 31 days
Paint Branch 14 $476,906 49 days
Rockville 16 $473,336 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 422 $540,197 57 days
Distressed Homes 16 $419,693 209 days
Multi-Million Dollar Homes 25 $1,604,800 44 days
Newly Built Homes 6 $1,111,500 137 days
Homes with a Pool 5 $506,960 38 days
Reduced Price Homes 20 $539,574 45 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: September 28, 2023 8 AM.
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