How much does it cost to buy a house in Silver Spring, MD?

In May 2026 Silver Spring homes were listed to buy for a median price of $519K, which is a 1% decrease to April 2025 last month, and a 1% decrease to May 2025 last year. The median value of a home listed to buy in Silver Spring in May 2026 was $265 per sqft, which is a 6% decrease to April 2025 last month, and a 6% decrease to May 2025 last year.

Is it affordable or expensive to buy real estate in Silver Spring, MD?

It is expensive to buy a house in Silver Spring. Buying a home in Silver Spring is 1% more expensive compared with the national average.

Is it a good time to buy real estate in Silver Spring, MD?

Yes now is a good time to buy property in Silver Spring, in May 2026, homes in Silver Spring have decreased in value (price per sqft) by 6% in the last year compared with May 2025.

Is the Silver Spring, MD housing market slowing down?

In May 2026, homes for sale in Silver Spring spent a median of 28 days on the market, a same May 2025 last year.

What are the best and safest places to live in Silver Spring, MD?

The best and safest neighborhoods to live in Silver Spring in May 2026 are North Portal Estates, Woodley Park, Georgetown, Kalorama, Berkley, Capitol Hill, Mount Pleasant, Cameron Station, Dupont Circle, Brookland, Brightwood, Shepherd Park, New Mark Commons, Adams Morgan, Cleveland Park, Colonial Village, Glover Park, The Rotonda, Deanwood, Cathedral Heights

How much money should I make to buy a house in Silver Spring, MD?

In May 2026, Silver Spring homes were listed to buy for a median price of $519K, with 25% down you would need $2.92K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $100K.

Is it a good time to sell my house in Silver Spring, MD?

Yes now is a good time to sell your house in Silver Spring, in May 2026, homes in Silver Spring have decreased in value (price per sqft) by 6% in the last year compared with May 2025.