Housing in Silver Spring, MD

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$600,000

Median List Price

$538,700

Price Per Sq Ft

$296

Days on Market

74

Active Inventory

95

Months of Supply

3.1

Seller's market

Zillow Home Value

$534,892

ZHVI — January 2026

Zillow Rent Index

$1,997

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.2%List Price 1.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.1%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
16.1%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

31

New Listings

34

Pending Sales

21

Homes Sold 10.7%New Listings 35.8%Pending 55.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$296

Median List $/SF

$349

Sale $/SF 13.5%List $/SF 2.3%Mar 24Jan 26

Silver Spring vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Silver Spring is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$619,400

Median Rent

$1,899

Total Housing Units

35,620

Vacancy Rate

4.1%

Owner Occupied

38.2%

Renter Occupied

61.8%

Median Property Tax

$5,191

per year

Monthly Cost (w/ Mortgage)

$2,406

Housing Types

Single Family
35.4%
Multi-Family
64.2%
Mobile Home
0.4%

The current median sale price in Silver Spring, MD is $600,000 according to Redfin data. Homes spend a median of 74 days on the market. 16.1% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $296. Zillow's observed rent index is $1,997/month. About 38.2% of housing units are owner-occupied. The median year homes were built is 1964. There are 35,620 total housing units.