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Silver Spring, MD

Full City Profile · Maryland · Montgomery County County

3.4 /5.0
B Good
82,129 Population 10,422/sq mi density
$98,880 Median Income $55,875 per capita
$619,400 Home Value $540,988 Zillow
$1,899 Median Rent 31.2% income on rent
58°F Avg Temperature 291 sunny days/yr
356 Violent Crime/100K 3,289 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$98,880 median income, 3.8% unemployment
B
Affordability
3.1 / 5.0
$619,400 home value, $1,899/mo rent
F
Safety
1.0 / 5.0
356 violent crimes/100K
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)
$540,988
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
38%
62%
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 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)$540,988
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 Market47
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold19
Active Inventory105
Price Per Sq Ft$436

Ownership & Stock

Owner-Occupied38.2%
Renter-Occupied61.8%
Homeownership Rate38.2%
Total Housing Units35,463
Median Year Built1965
Rent Burden31.2%