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Silver Spring

Silver Spring Market Report

$431,689

AVERAGE PRICE OF 560 HOMES

$329,031

AVERAGE PRICE OF 63 DISTRESSED HOMES

$2,891,428

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$596,221

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$514,192

AVERAGE PRICE OF 14 HOMES WITH A POOL

$388,949

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $431,689
Avg Bedrooms 2.97 beds
Avg Bathrooms 2.53 baths

Average Price by Bedrooms

1 bedroom $199,521
2 bedrooms $245,102
3 bedrooms $420,137
4 bedrooms $526,334
5 bedrooms $563,168
Silver Spring Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 550 665 816 854 798
Average Price $437,249 $445,987 $445,271 $452,799 $455,135
Avg Price Change -2.00% +0.16% -1.69% -0.52% -0.93%
Median Price $392,115 $404,459 $413,950 $419,491 $417,115
Med Price Change -3.15% -2.35% -1.34% +0.57% +0.10%
Avg Bedrooms 3.08 beds 3.14 beds 3.21 beds 3.1 beds 3.23 beds
Avg Bathrooms 2.57 baths 2.57 baths 2.64 baths 2.61 baths 2.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
James Hubert Blake 16 $557,074 188 days
John F. Kennedy 43 $418,433 92 days
Montgomery Blair 17 $529,105 28 days
Northwood 63 $439,342 112 days
Paint Branch 18 $476,522 44 days
Rockville 38 $341,115 107 days
Springbrook 11 $416,113 166 days
Total Homes Average Price Avg Days on Site
All Homes 560 $431,689 118 days
Distressed Homes 63 $329,031 143 days
Multi-Million Dollar Homes 7 $2,891,428 187 days
Newly Built Homes 40 $596,221 139 days
Homes with a Pool 14 $514,192 131 days
Reduced Price Homes 18 $388,949 94 days

School Data

Highly Rated Silver Spring Schools

8

CLOVERLY ELEMENTARY SCHOOL
Elementary School
Public

8

ROCK CREEK FOREST ELEMENTARY SCHOOL
Elementary School
Public

8

SHERWOOD ELEMENTARY SCHOOL
Elementary School
Public

8

STONEGATE ELEMENTARY SCHOOL
Elementary School
Public

8

WESTOVER 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

10

WESTLAND MIDDLE SCHOOL
Middle School
Public

9
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