Silver Spring, MD Home Values & Market Trends
Real estate market trends reflect that there have been 2,587 transactions over the past year in Silver Spring. The median value for residential home transactions that occurred over the previous year is $602,751. The number of current listings in Silver Spring is 2,850, and the percentage of properties for sale in the city is 2850.00%. Silver Spring, MD currently has 79 properties in foreclosure, 32 bank owned properties, 34 properties headed for auction, and 2,850 properties for sale.
Silver Spring, MD Real Estate Market Overview
Housing Market Summary for Silver Spring, MD
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $599K | $599.9K | 0.15% |
| Median Sold Price | $571.5K | $505.1K | -11.63% |
| Homes For Sale | 1,599 | 2,826 | 76.74% |
| Homes Sold | 1,126 | 995 | -11.63% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Silver Spring, MD
Browse Homes in Silver Spring, MD
Silver Spring home values range from $86,758 to $2,400,000. The median estimated value of a home in Silver Spring is $602,751. The median list price of a home is 599,990, and the total count of properties in the city is 3,980.
- Pre-ForeclosurePre-foreclosure homes account for 0.33% of all residential properties in Silver Spring, MD with 20906 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 7 zips within Silver Spring, MD; of those zips, the estimated home value for pre-foreclosure homes ranges from $528,852 in 20904 to the lowest home value of $173,196 in 20901.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Silver Spring, MD ranges from the highest value of $652,908 in 20904 to the lowest value of $106,321 in 20902. Bank owned homes and properties account for 0.80% of properties in Silver Spring, MD. There are 7 zips within Silver Spring, MD; 20906 containing 16 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20906 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Silver Spring, MD. Auction homes and other auction properties account for 0.85% of all properties in Silver Spring, MD. There are 7 zips within Silver Spring, MD; of those zips, the median estimated home value for homes going to auction ranges from $646,917 in 20902 to the lowest value of $138,711 in 20902.
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Guide for Silver Spring, MD
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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