Silver Spring Real Estate Market Overview

Could Silver Spring, MD be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Silver Spring. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Silver Sprin...g such as Rockville and Takoma Park. When you’re ready, Trulia has 418 resale and new homes in Silver Spring lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$414,000

Median Sales Price

View Homes for sale

$272

Price Per Sqft

View Homes for sale

$2,400

Median Rent Per Month

View Homes for rent
  • Explore this area:

Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Silver Spring show a 9% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in Silver Spring for May 24 to Aug 23 was $414,000 based on 579 home sales.
Price Per Square Ft.
Average price per square foot for Silver Spring was $272, an increase of 3% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Silver Spring for Jul 24 to Aug 24 was $2,400.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Silver Spring can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

View More

1,276

Counts of Theft

813

Counts of Arrest

590

Counts of Assault


Best Schools in Silver Spring

There are 47 schools in Silver Spring.

Elementary Schools
9

Bethesda Elementary School

Public, K-5

9

North Chevy Chase Elementary School

Public, 3-6

8

Rock Creek Forest Elementary School

Public, K-5

Middle Schools
10

Takoma Park Middle School

Public, 6-8

9

Westland Middle School

Public, 6-8

8

Eastern Middle School

Public, 6-8

High Schools
7

Bethesda-Chevy Chase High School

Public, 9-12

6

Montgomery Blair High School

Public, 9-12

4

Springbrook High School

Public, 9-12


Demographics

Get to know your neighbors in Silver Spring by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
29%
Single residents
Home owners
80%
Home owners
Median age
38
Median age
Household income
$79,541
Median household income
College educated
53%
College educated

Commute

Most people in Silver Spring commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
80% commute by car
0% commute by bike
19% commute by public transportation
1% commute by foot

Nearby Cities You May Like