Market Intelligence · MD / Silver Spring

Silver Spring, MD 20903 Housing Market

The typical home value in Silver Spring, MD 20903 is $514,747, down 0.3% over the past year. Homes currently list at a median price of $637,500 and spend a median of 30 days on the market.

Updated August 2026Median value$515K

The median home value in Silver Spring, MD 20903 is $515K as of August 2026, down 0.3% 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 20903 range

$474K to $556K

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

-0.3% over 12 months

Typical home value in 20903 over the last 12 months: $517K in Aug 2025 to $515K in Aug 2026 (-0.3%).

Aug 2025$517K

Aug 2026$515K

The numbers

What is the 20903 housing market like?

Typical home value

$515K

Down0.3%YoY

Median list price

$638K

Up6.6%MoM

Days on market

30

Up42.9%MoM

Homes for sale

10

Down28.6%MoM

Price cuts

13.8%

New listings

8

Down33.3%MoM

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

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The comparison

How do 20903 home prices compare?

  • 20903$514,747
  • 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

The 20903 market in Silver Spring shows 10 homes for sale as of 2026-08-01, with 8 new listings added. The median list price is $637,500, above the typical home value of $514,747, which slipped 0.3% over the past year. Homes are moving at a median of 30 days on the market, and 13.8% of listings have taken a price cut. Inventory is thin, so each sale can shift the picture. For a seller, pricing close to current value matters more than aiming high and waiting.

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20% · $102,949

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