Market Intelligence · MD / Silver Spring

Silver Spring, MD 20904 Housing Market

The typical home value in Silver Spring, MD 20904 is $576,041, down 0.7% over the past year. The median list price stands at $624,600, with homes staying on the market for a median of 24 days as of September 2026.

Updated September 2026Median value$576K

The median home value in Silver Spring, MD 20904 is $576K as of September 2026, down 0.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 20904 range

$530K to $622K

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

-0.7% over 12 months

Sep 2025$580K

Low $575KHigh $580K

Sep 2026$576K

The numbers

What is the 20904 housing market like?

As of September 2026

Typical home value

$576K

0.7%YoY

Median list price

$625K

2.8%MoM

Days on market

35.1%MoM

Homes for sale

22.4%MoM

Price cuts

20.0%

0.0%MoM

New listings

31.8%MoM

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

The outlook

20904 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 20904 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 20904 fell 0.7%, per the Zillow Home Value Index.

Will home prices drop in 20904?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 20904 to stay roughly flat by September 2027 (up 0.2%), 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.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 20904 home prices compare?

20904$576,041
Silver Spring$576,041
Maryland$444,850
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Silver Spring: 7 ZIPs; Maryland: 423 ZIPs; United States: 26,262 ZIPs).

Context

Silver Spring has 71 homes for sale and 58 new listings in September 2026, showing steady supply. The median days on market of 24 suggests reasonable buyer interest, though one-fifth of listings have seen price cuts. With typical home values sliding slightly over the year, sellers should approach pricing carefully and be prepared for negotiation.

Monthly payment

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Home price

Down payment20% · $115,208

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Common questions

What people ask us.

What is the typical home value in Silver Spring, MD 20904?

The typical home value is $576,041, which declined 0.7% over the past year as of September 2026.

How long do homes stay on the market here?

The median days on market is 24 as of September 2026.

What share of homes have price reductions?

About 20.0% of current listings have seen a price cut as of September 2026.

Discover

Nearby ZIP markets.

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