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Silver Spring

Silver Spring Market Report

$456,452

AVERAGE PRICE OF 806 HOMES

$321,709

AVERAGE PRICE OF 82 DISTRESSED HOMES

$2,213,926

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$574,832

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$630,837

AVERAGE PRICE OF 24 HOMES WITH A POOL

$454,787

AVERAGE PRICE OF 269 REDUCED PRICE HOMES

Average Home

Average Price $456,452
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.68 baths

Average Price by Bedrooms

1 bedroom $162,694
2 bedrooms $279,239
3 bedrooms $407,419
4 bedrooms $510,537
5 bedrooms $572,911
Silver Spring Home Price Trends
  8/2018 7/2018 6/2018 5/2018 4/2018
Total Listings 825 879 886 877 824
Average Price $459,355 $452,670 $459,014 $463,194 $454,082
Avg Price Change +1.48% -1.40% -0.91% +2.01% -0.38%
Median Price $416,713 $417,736 $428,387 $430,476 $420,000
Med Price Change -0.25% -2.55% -0.49% +2.49% +8.67%
Avg Bedrooms 3.21 beds 3.18 beds 3.25 beds 3.24 beds 3 beds
Avg Bathrooms 2.68 baths 2.67 baths 2.71 baths 2.74 baths 2.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
James Hubert Blake 4 $368,750 193 days
John F. Kennedy 2 $431,000 205 days
Northwood 3 $291,633 198 days
Paint Branch 4 $298,475 200 days
Springbrook 2 $565,000 196 days
Total Homes Average Price Avg Days on Site
All Homes 806 $456,452 65 days
Distressed Homes 82 $321,709 113 days
Multi-Million Dollar Homes 15 $2,213,926 112 days
Newly Built Homes 35 $574,832 89 days
Homes with a Pool 24 $630,837 77 days
Reduced Price Homes 269 $454,787 93 days

School Data

Highly Rated Silver Spring Schools

8

CLOVERLY ELEMENTARY SCHOOL
Elementary School
Public

8

SHERWOOD ELEMENTARY SCHOOL
Elementary School
Public

8

STONEGATE ELEMENTARY SCHOOL
Elementary School
Public

8

WOODLIN ELEMENTARY SCHOOL
Elementary School
Public

8

EARLE B. WOOD MIDDLE SCHOOL
Middle School
Public

9

TAKOMA PARK MIDDLE SCHOOL
Middle School
Public

9