Silver Spring, MD housing market
The typical Silver Spring home is worth about $542,000, about the same as a year ago, 27% above the Maryland typical home. Homes typically sell in 31 days, a little above asking.
Home values, sales, trends and how Silver Spring compares with the towns next door — updated as new data is published.
Silver Spring at a glance
A seller's market
Supply is tight — about 3.2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Silver Spring | Maryland |
|---|---|---|
| 2017 | $386,000 | $290,000 |
| 2018 | $399,000 | $301,000 |
| 2019 | $415,000 | $310,000 |
| 2020 | $433,000 | $322,000 |
| 2021 | $472,000 | $349,000 |
| 2022 | $499,000 | $384,000 |
| 2023 | $511,000 | $398,000 |
| 2024 | $523,000 | $412,000 |
| 2025 | $548,000 | $427,000 |
| 2026 | $542,000 | $429,000 |
| August 2026 | $542,000 | $428,000 |
Silver Spring and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Silver Spring | $542K | −0.3% | $2,350 | — | $99,860 |
| Chevy Chase | — | −3.3%† | $2,690 | — | $211,765 |
| Takoma Park | $674K | −0.6% | $1,920 | — | $108,136 |
| Four Corners | — | +1.5%† | $2,020 | — | $203,125 |
| Washington | $570K | −1% | $2,230 | 1,591 | $109,870 |
| South Kensington | — | −1.2%† | $2,410 | — | $210,953 |
| Langley Park | $373K | +1.2% | $2,060 | — | $85,321 |
† FHFA price index change, where Zillow has no home value for the town.
5.4 years of income
The typical Silver Spring home costs about 5.4 years of the town's median household income, more than across Maryland (4.1 years).
How Silver Spring ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,350
HUD's Fair Market Rent for a two-bedroom in Silver Spring is $2,350 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Silver Spring pay a median of $1,913, so moving in tends to cost more than staying put. A two-bedroom takes about 28% of the town's median household income.
Studio $2,040 · 4 bedrooms $3,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (20815, 20901, 20903, 20910, 20912; Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.