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Silver Spring, MD Real Estate & Property Data

Silver Spring Real Estate Market Trends
Last Updated: May 02, 2024

Accurate and comprehensive real estate data is critical for insight into Silver Spring, MD. ATTOM’s Silver Spring real estate data is updated daily, and current market trends show that in Silver Spring, MD a total of 2,510 residential properties have sold over the past year. With a median home price of $560,500 in Silver Spring and a total of 6 foreclosures. Get detailed property data for Silver Spring, MD instantly. ATTOM is your one-stop-shop for the Silver Spring property reports and real estate data you need in Silver Spring, MD.

Silver Spring Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 75,490
Total Commercial Properties 3,399
Avg. Home Age (Single Family Home) 62 Years
Avg. Square Feet (Single Family Home) 1,805
Total 2024 Residential Sales (year-to-date) 418
% of Homes Seriously Underwater (Q2 2024) 0.48%
Total 2023 Residential Sales 2,397
% of Equity Rich Homes (Q2 2024) 44.27%
Effective 2023 Property Tax 0.77%
Total Foreclosure Filings (year-to-date) 25
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Silver Spring, MD Real Estate Overview

There were 2,510 residential properties sold in the past year in Silver Spring, MD. The median home value in Silver Spring, MD is $536,737. There are a total of 75,490 residential properties in the Silver Spring.

Median Sales Price i
$560,500
(Mar 2024)
-5.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $560,500
  • February '24 Feb '24 $627,000
  • January '24 Jan '24 $590,250
  • December '23 Dec '23 $584,000
  • November '23 Nov '23 $647,000
  • October '23 Oct '23 $625,000
  • September '23 Sep '23 $600,499
  • August '23 Aug '23 $622,500
  • July '23 Jul '23 $666,500
  • June '23 Jun '23 $660,000
  • May '23 May '23 $602,500
  • April '23 Apr '23 $613,500
Median Down Payment i
$105,895
(Mar 2024)
+24.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $105,895
  • February '24 Feb '24 $137,500
  • January '24 Jan '24 $64,500
  • December '23 Dec '23 $118,000
  • November '23 Nov '23 $109,000
  • October '23 Oct '23 $98,100
  • September '23 Sep '23 $82,625
  • August '23 Aug '23 $116,000
  • July '23 Jul '23 $112,000
  • June '23 Jun '23 $122,200
  • May '23 May '23 $110,000
  • April '23 Apr '23 $83,250
Number of Homes Sold i
158
(Mar 2024)
-22.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 158
  • February '24 Feb '24 84
  • January '24 Jan '24 176
  • December '23 Dec '23 160
  • November '23 Nov '23 175
  • October '23 Oct '23 203
  • September '23 Sep '23 233
  • August '23 Aug '23 249
  • July '23 Jul '23 159
  • June '23 Jun '23 273
  • May '23 May '23 245
  • April '23 Apr '23 192
Number of Purchase Loans i
121
(Mar 2024)
-23.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 121
  • February '24 Feb '24 64
  • January '24 Jan '24 133
  • December '23 Dec '23 118
  • November '23 Nov '23 136
  • October '23 Oct '23 166
  • September '23 Sep '23 183
  • August '23 Aug '23 186
  • July '23 Jul '23 135
  • June '23 Jun '23 235
  • May '23 May '23 188
  • April '23 Apr '23 151
Number of REFI Loans i
68
(Mar 2024)
+17.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 68
  • February '24 Feb '24 34
  • January '24 Jan '24 66
  • December '23 Dec '23 53
  • November '23 Nov '23 61
  • October '23 Oct '23 81
  • September '23 Sep '23 92
  • August '23 Aug '23 71
  • July '23 Jul '23 55
  • June '23 Jun '23 91
  • May '23 May '23 86
  • April '23 Apr '23 71
Number of HELOC Loans i
48
(Mar 2024)
-36%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 48
  • February '24 Feb '24 33
  • January '24 Jan '24 53
  • December '23 Dec '23 51
  • November '23 Nov '23 63
  • October '23 Oct '23 65
  • September '23 Sep '23 57
  • August '23 Aug '23 64
  • July '23 Jul '23 65
  • June '23 Jun '23 61
  • May '23 May '23 69
  • April '23 Apr '23 42

Silver Spring, MD Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Silver Spring, MD Foreclosure Activity

There were a total of 6 Silver Spring, MD properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 4 Silver Spring, MD properties and repossessed 3 Silver Spring, MD properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
6
(Mar 2024)
-57.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 6
  • February '24 Feb '24 12
  • January '24 Jan '24 7
  • December '23 Dec '23 13
  • November '23 Nov '23 11
  • October '23 Oct '23 22
  • September '23 Sep '23 26
  • August '23 Aug '23 12
  • July '23 Jul '23 17
  • June '23 Jun '23 14
  • May '23 May '23 26
  • April '23 Apr '23 24
Foreclosure Starts i
4
(Mar 2024)
-55.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 4
  • February '24 Feb '24 6
  • January '24 Jan '24 2
  • December '23 Dec '23 8
  • November '23 Nov '23 8
  • October '23 Oct '23 11
  • September '23 Sep '23 18
  • August '23 Aug '23 8
  • July '23 Jul '23 5
  • June '23 Jun '23 5
  • May '23 May '23 20
  • April '23 Apr '23 12
Completed Foreclosures (REOs) i
3
(Mar 2024)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 3
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 7
  • May '23 May '23 6
  • April '23 Apr '23 1
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