Explore Silver Spring
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Why Live in Silver Spring
Silver Spring, Maryland, is a dynamic community in southern Montgomery County, characterized by its blend of suburban tranquility and urban amenities. The area is anchored by Downtown Silver Spring, a commercial hub with condos and a vibrant dining scene featuring global cuisines, including Caribbean, Latin, Brazilian, and Ethiopian options. Notable eateries include Goldberg's New York Bagels, La Casa del Mofongo, and Parkway Deli & Restaurant. The Fillmore Silver Spring is a key venue for concerts and comedy shows. Silver Spring is bordered by Rock Creek Park, D.C.'s largest green space, which offers extensive recreational opportunities such as the Rock Creek Trail, tennis courts, and the Carter Barron Amphitheatre. Additional parks like Woodside Urban Park and Rosemary Hills-Lyttonsville Local Park provide playgrounds, sports fields, and community centers. The National Museum of Health and Medicine, located in the Forest Glen Park neighborhood, is a unique attraction showcasing historical medical artifacts. Silver Spring's housing market is competitive, with a mix of midcentury split-level, Colonial, and Cape Cod homes, as well as modern condos near Downtown and the Capitol Beltway. The area benefits from highly rated Montgomery County Public Schools, which operate under a lottery choice system. Commuters have convenient access to the Capitol Beltway and the Red Line metro, facilitating travel to major employers and downtown D.C. Overall, Silver Spring offers a balanced lifestyle with ample things to do, cultural diversity, and proximity to both natural and urban environments.
Home Prices in Silver Spring, MD
The median home sale price in Silver Spring, MD is $545,000, up 1% year-over-year. Homes in Silver Spring sell in 35 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$545,000
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Median Single Family Sale Price
$650,000
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Median Townhouse Sale Price
$500,000
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Median 2 Bedroom Sale Price
$255,000
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Median 1 Bedroom Sale Price
$170,000
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Average Price Per Sq Ft
$259
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Number of Homes for Sale
481
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Last 12 months Home Sales
2,133
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Months of Supply
2.70
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Median List Price
$540,000
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
1%
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