$560K
5.1% Y-o-Y
$27K Y-o-Y
Silver Spring, MD Housing Market Trends
Market Overview for Q3 2026
$353
4.1% Y-o-Y
$14 Y-o-Y
321
-50.7% Y-o-Y
-330 Y-o-Y
$425K
-3% Y-o-Y
-$16K Y-o-Y
Silver Spring, MD Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $450,000 | $512,000 | $500,000 | $476,000 |
| 2023 | $469,000 | $500,000 | $500,000 | $484,000 |
| 2024 | $480,000 | $544,000 | $537,000 | $520,000 |
| 2025 | $517,000 | $562,000 | $533,000 | $540,000 |
| 2026 | $531,000 | $550,000 | $560,000 |
Silver Spring, MD Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $311 | $325 | $314 | $304 |
| 2023 | $308 | $327 | $322 | $324 |
| 2024 | $320 | $346 | $353 | $342 |
| 2025 | $348 | $355 | $339 | $333 |
| 2026 | $345 | $343 | $353 |
Real Estate Transactions in Silver Spring, MD
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 837 | 1,024 | 770 | 608 |
| 2023 | 488 | 695 | 629 | 515 |
| 2024 | 489 | 716 | 622 | 596 |
| 2025 | 498 | 617 | 651 | 599 |
| 2026 | 452 | 689 | 321 |
Montgomery County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $503,000 | $595,000 | $559,000 | $545,000 |
| 2023 | $529,000 | $605,000 | $585,000 | $560,000 |
| 2024 | $535,000 | $640,000 | $627,000 | $602,000 |
| 2025 | $595,000 | $640,000 | $625,000 | $620,000 |
| 2026 | $635,000 | $679,000 | $650,000 |
Silver Spring, MD Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $450,000 | $512,000 | $500,000 | $476,000 |
| 2023 | $469,000 | $500,000 | $500,000 | $484,000 |
| 2024 | $480,000 | $544,000 | $537,000 | $520,000 |
| 2025 | $517,000 | $562,000 | $533,000 | $540,000 |
| 2026 | $531,000 | $550,000 | $560,000 |
Silver Spring, MD Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $311 | $325 | $314 | $304 |
| 2023 | $308 | $327 | $322 | $324 |
| 2024 | $320 | $346 | $353 | $342 |
| 2025 | $348 | $355 | $339 | $333 |
| 2026 | $345 | $343 | $353 |
Real Estate Transactions in Silver Spring, MD
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 837 | 1,024 | 770 | 608 |
| 2023 | 488 | 695 | 629 | 515 |
| 2024 | 489 | 716 | 622 | 596 |
| 2025 | 498 | 617 | 651 | 599 |
| 2026 | 452 | 689 | 321 |
Montgomery County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $503,000 | $595,000 | $559,000 | $545,000 |
| 2023 | $529,000 | $605,000 | $585,000 | $560,000 |
| 2024 | $535,000 | $640,000 | $627,000 | $602,000 |
| 2025 | $595,000 | $640,000 | $625,000 | $620,000 |
| 2026 | $635,000 | $679,000 | $650,000 |
Housing Market Trends by Property Type
Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$262K
-9.3%
$228
-8.8%
75
Other Residential
$625K
2.3%
$389
6.6%
246
Silver Spring, MD Housing Stock
Property Type
Units
15,594
59,804
Montgomery County: Demographics
Total population
81,462
Median age
35.6
No high school education
7.6%
Some high school/college
19.8%
Bachelor's degree
27.2%
Average household income
$135,559
Occupied housing units
33,988
Owner-occupied units
38.3%
Renter-occupied units
61.7%
Median year structure built
1964
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Median Sale Price