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Market Intelligence · MD / Montgomery County

Silver Spring, MD home prices and housing market

7 ZIP markets liveData updated September 2026Typical value$576K1-yr changeDown0.7%

The typical home value in Silver Spring, MD is $576K as of September 2026, down 0.7% from a year ago, based on the Zillow Home Value Index. In the typical Silver Spring ZIP code, the median list price is $606K and homes spend a median of 44 days on market as of September 2026 (Realtor.com).

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The coverage

Silver Spring, by the numbers.

Typical home valueZillow ZHVI, September 2026
$576K
1-yr changeMedian across Silver Spring ZIPs
-0.7%
ZIP markets live14 tracked in Silver Spring
7
County
Montgomery County

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12-month value trend

-0.7% over 12 months

Typical home value in Silver Spring over the last 12 months: $580K in Sep 2025 to $576K in Sep 2026 (-0.7%).

Sep 2025$580K

Sep 2026$576K

Median Zillow home value index across Silver Spring's ZIP codes.

Context

Silver Spring's housing market is showing subtle softness as of September 2026. The typical home value sits at $576,041, down 0.7% over the past year. The median list price is $606,249, with 538 homes currently for sale and a median time on market of 44 days. Among active listings, 23.0% have seen a price cut, suggesting some sellers are adjusting expectations. If you're thinking about listing, understand that you'll be entering a market where price adjustments are common and buyer competition is moderate.

The numbers

What is the housing market like in Silver Spring, MD?

Typical home value

$576K

Down0.7%YoY

Median list price

$606K

Days on market

44

Homes for sale

538

Price cuts

23.0%

New listings

276

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Silver Spring's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Silver Spring, MD home prices over time

Typical home values in Silver Spring, MD are down 0.7% over the past year, from $580K in September 2025 to $576K in September 2026.

Typical home value in Silver Spring, MD, September of each year
MonthTypical value1-yr change
September 2026$576,041-0.7%
September 2025$579,927No prior year

Typical value is the median Zillow Home Value Index across Silver Spring ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Silver Spring, MD a buyer's or seller's market?

Silver Spring, MD is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 44 days on market and 23% of listings with a price cut in the typical Silver Spring ZIP code, and 276 new listings against 538 active listings across Silver Spring, as of September 2026 (Realtor.com).

The outlook

Silver Spring housing market forecast 2027

+0.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 7 Silver Spring ZIP codes, points to typical home values holding roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in Silver Spring fell 0.7%, per the Zillow Home Value Index.

Will home prices drop in Silver Spring?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Silver Spring shows typical home values holding roughly flat by September 2027 (up 0.1%), after a 0.7% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 7 Silver Spring ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Silver Spring ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 14 Silver Spring ZIP codes in total; the remaining 7 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Silver Spring, MD home prices.

What is a typical home worth in Silver Spring, MD?

As of September 2026, the typical home value in Silver Spring is $576,041. This represents a 0.7% decline over the past year.

How long do homes typically stay on the market in Silver Spring?

The median days on market in Silver Spring is 44 days as of September 2026. This reflects moderate buyer activity for the area.

How many homes are currently for sale in Silver Spring?

There are 538 homes for sale in Silver Spring as of September 2026, with 276 new listings added during that period. The median list price is $606,249.

Are home prices going up or down in Silver Spring, MD?

Typical home values in Silver Spring, MD are down 0.7% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Silver Spring, MD a buyer's or seller's market?

Silver Spring, MD is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 44 days on market and 23% of listings with a price cut in the typical Silver Spring ZIP code, and 276 new listings against 538 active listings across Silver Spring, as of September 2026 (Realtor.com).

Nearby markets

More Maryland housing markets.

The market is moving

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