Market Intelligence · MD / Silver Spring

Silver Spring, MD 20902 Housing Market

The typical home in Silver Spring, MD 20902 is worth $535,538, down 0.2% over the past year. Sellers are listing at a median price of $544,950, and homes are spending a median of 41 days on the market.

Updated August 2026Median value$536K

The median home value in Silver Spring, MD 20902 is $536K as of August 2026, down 0.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 20902 range

$493K to $578K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.2% over 12 months

Typical home value in 20902 over the last 12 months: $537K in Aug 2025 to $536K in Aug 2026 (-0.2%).

Aug 2025$537K

Aug 2026$536K

The numbers

What is the 20902 housing market like?

Typical home value

$536K

Down0.2%YoY

Median list price

$545K

Down0.9%MoM

Days on market

41

Down6.8%MoM

Homes for sale

72

Down7.7%MoM

Price cuts

24.5%

Up33.0%MoM

New listings

36

Flat0.0%MoM

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

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The comparison

How do 20902 home prices compare?

  • 20902$535,538
  • Silver Spring$582,157
  • Maryland$448,067
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Silver Spring: 7 ZIPs; Maryland: 423 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 72 homes for sale in 20902, with 36 new listings adding to that supply. The median list price sits at $544,950, slightly above the typical home value of $535,538. About 24.5% of listings have taken a price cut, which suggests some sellers are starting too high and adjusting. Values are down 0.2% over the past year, so the market is close to flat rather than falling sharply. For a seller, the honest takeaway is that pricing right from day one matters more than testing the market.

Monthly payment

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20% · $107,108

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