Silver Spring, MD
Full City Profile · Maryland · Montgomery County County
4.2
/5.0
A
Great
82,129
Population
10,422/sq mi density
$98,880
Median Income
$55,875 per capita
$619,400
Home Value
$542,238 Zillow
$1,899
Median Rent
31.2% income on rent
56°F
Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.4 / 5.0
$98,880 median income, 4.9% unemployment
B
Affordability
3.1 / 5.0
$619,400 home value, $1,899/mo rent
A+
Education
5.0 / 5.0
59.8% bachelor's degree or higher
Housing Overview
Median Home Value
$619,400
120% above
US avg: $281,900
Median Rent
$1,899/mo
63% above
US avg: $1,163/mo
Homeownership Rate
38.2%
42% below US avg (65.4%)
Total Housing Units
35,463
Median year built: 1965
Home Value by Source
Census Median
$619,400
Zillow (ZHVI)
$542,238
Redfin Median Sale
$680,000
Median Sale Price
$680,000
Median List Price
$564,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
38.2%
Owner-Occupied
61.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$1,899/mo
· Zillow rent:
$1,954/mo
Market Indicators (Redfin)
Median Sale Price
$680,000
Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$436
Active Inventory
105
homes for sale
Affordability & Housing Stock
Rent Burden
31.2%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
38.2%
Complete Housing Data
Home Values
| Census Median Value | $619,400 |
| Zillow Home Value (ZHVI) | $542,238 |
| Redfin Median Sale | $680,000 |
| Median Sale Price | $680,000 |
| Median List Price | $564,500 |
| Price Per Sq Ft | $436 |
Rent
| Census Median Rent | $1,899 |
| Zillow Rent (ZORI) | $1,954 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 47 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 19 |
| Active Inventory | 105 |
| Price Per Sq Ft | $436 |
Ownership & Stock
| Owner-Occupied | 38.2% |
| Renter-Occupied | 61.8% |
| Homeownership Rate | 38.2% |
| Total Housing Units | 35,463 |
| Median Year Built | 1965 |
| Rent Burden | 31.2% |