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Silver Spring, MD Housing Market

$554,627

1.4% 1-yr

The average Silver Spring, MD home value is $554,627, up 1.4% over the past year and goes to pending in around 10 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Silver Spring Key Takeaways

Typical Home Values: $554,627

1-year Value Change: +1.4%

(Data through July 31, 2025)

Silver Spring Housing Market Overview

--1-year Market Forecast
612For sale inventory(July 31, 2025)
263New listings(July 31, 2025)
1.000Median sale to list ratio(June 30, 2025)
$536,650Median sale price(June 30, 2025)
$546,666Median list price(July 31, 2025)
45.3%Percent of sales over list price(June 30, 2025)
30.3%Percent of sales under list price(June 30, 2025)
10Median days to pending(July 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

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Silver Spring Rental Market Trends

$2,052Average rent in Silver Spring(July 31, 2025)
$2,072National average rent(July 31, 2025)
0.6%Month-over-month change(July 31, 2025)
1.3%Year-over-year change(July 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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