Market Intelligence · MD / Silver Spring

Silver Spring, MD 20904 Housing Market

The typical home value in Silver Spring 20904 is $596,995, down 1.4% over the past year. The median list price sits at $627,000, and homes are taking a median of 36 days on market.

Updated June 2026Median value$597K

The median home value in Silver Spring, MD 20904 is $597K as of June 2026, down 1.4% 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 20904 range

$549K to $645K

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

-1.4% over 12 months

Typical home value in 20904 over the last 12 months: $606K in Jun 2025 to $597K in Jun 2026 (-1.4%).

Jun 2025$606K

Jun 2026$597K

The numbers

What is the 20904 housing market like?

Typical home value

$597K

Down1.4%YoY

Median list price

$627K

Days on market

36

Up2.9%MoM

Homes for sale

61

Price cuts

20.5%

New listings

44

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 20904 home prices compare?

  • 20904$596,995
  • Silver Spring$596,995
  • Maryland$455,546
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Silver Spring: 7 ZIPs; Maryland: 423 ZIPs; United States: 26,270 ZIPs).

Context

There are 61 homes for sale in 20904 as of June 1, 2026, with 44 new listings added recently. The median list price is $627,000, while the typical home value is $596,995, down 1.4% over the past year. Homes are taking a median of 36 days to sell, and 20.5% of listings have had a price cut. Together these figures point to a market where buyers have room to negotiate. Sellers should price carefully and expect that overpricing may lead to a reduction.

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