Silver Spring Baltimore and Ohio Railroad Station · Photo: Farragutful · CC BY-SA 3.0436 homes sold in Silver Spring in the last year, at a typical $596K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Silver Spring homes are listed.
Every place Silver Spring homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Silver Spring.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A third of Silver Spring’s sales are condos, at $454K less than a house
258 houses and 128 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 258 sold in 12 months
- Per square foot
- $367MD $239
- Days to sell
- 39
- Sold over asking
- 33%
- Listings with a price cut
- 31%
typical sale · 128 sold in 12 months
- Per square foot
- $287MD $234
- Days to sell
- 57
- Sold over asking
- 19%
- Listings with a price cut
- 24%
Multi-family (2–4 units): 2 sold, typical $734K
Townhouses: 48 sold, typical $553K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.4 times the 2016 price
436 sales in the last year, against 906 in 2021 and a low of 471 in 2025. The typical sale went from $421K in 2016 to $596K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $600K buys in Silver Spring
Check a listing against what Silver Spring homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Silver Spring are back to pre-pandemic levels, with about as many homes for sale
We read every month of Silver Spring’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 436 sales.
If you’re buying in Silver Spring
- Shop in September. It brings about 82 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Less room to haggle. Only 27% of listings cut their price, against 32% before the pandemic.
- Bid near asking. Buyers paid 99.3% of the list price on average; 31% paid over.
- You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 43 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 93 a month), and the most competition: 45% close over asking. September offers nearly as much choice with fewer homes bid up (34%). January has the least competition (24%) but only about 49 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Maryland as a whole
| Silver Spring now | 2017–19 | 2021 peak | MD now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 31% | 30% | 49% | 34% |
| Gone within two weeksShare of homes under contract within 14 days | 41% | 38% | 62% | 41% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | 32% | 25% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.3% | 99.5% | 102.7% | 99.8% |
| Days to sellMedian days from listing to contract | 43 | 26 | 19 | 43 |
120 homes for sale on a typical day
That’s twice the 2023 low (57), about the 2017–19 level and well under 2015’s 196.
1 in 4 listings has cut its price
27% in the last year, against 32% in 2017–19 and 27% across Maryland.
Since 2019, houses are up 33%, condos 19%
A house typically sold for $733K in the last year (258 sales), a condo for $279K (128).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Silver Spring ranks 124th of 185 busy Maryland markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Silver Spring is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Silver Spring home costs about $3,523 a month
Price: Silver Spring’s typical sale, last 12 months. Property tax at Silver Spring’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Silver Spring is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 32.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $596K home, about $4,970 a year.
Taxes vs. neighborsSchools
The schools grade for Silver Spring, from test results, graduation and how much students grow.
Schools in Silver SpringTypical commute
The average one-way trip to work for people who live in Silver Spring.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Four Corners, Forest Glen, Langley Park and Burnt Mills sell for less a square foot
The busier markets within 25 miles of Silver Spring, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Silver Spring | 436 | $596K | $345 | 31% | 43 |
| Takoma Park | 133 | $733K | $388 | 34% | 59 |
| South Kensington | 105 | $1.1M | $405 | 28% | 33 |
| Four Corners | 98 | $640K | $332 | 38% | 50 |
| Forest Glen | 65 | $585K | $331 | 29% | 45 |
| Langley Park | 40 | $371K | $269 | 25% | 56 |
| Burnt Mills | 21 | $627K | $253 | 29% | 62 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Silver Spring, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Silver Spring. People who follow the town see it, and so do people comparing Silver Spring with their own town. No commission, no listing fee.
Questions about buying a home in Silver Spring
What do homes sell for in Silver Spring, MD?
436 homes sold in the year to May 2026 at a typical $596K, $345 a square foot. Houses sold for about $733K, condos for about $279K.
Is Silver Spring a buyer’s or seller’s market?
A seller’s market: 150 homes were for sale in May 2026 and 47 sold, about 3.2 months of supply. Buyers paid 99.3% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Silver Spring?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Silver Spring?
About 0.8% of a home’s value a year. On a $596K home that’s near $4,970.
Where can I see homes for sale in Silver Spring?
Zillow, Redfin, Realtor.com and Homes.com all carry Silver Spring’s MLS listings; the search links above open each one filtered to Silver Spring.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).