Market Intelligence · MD / Silver Spring

Silver Spring, MD 20904 Housing Market

The typical home value in Silver Spring, MD 20904 is $582,157, down 0.9% over the past year. The median list price is $607,500, and homes spend a median of 37 days on market.

Updated August 2026Median value$582K

The median home value in Silver Spring, MD 20904 is $582K as of August 2026, down 0.9% 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

$536K to $629K

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

-0.9% over 12 months

Typical home value in 20904 over the last 12 months: $587K in Aug 2025 to $582K in Aug 2026 (-0.9%).

Aug 2025$587K

Aug 2026$582K

The numbers

What is the 20904 housing market like?

Typical home value

$582K

Down0.9%YoY

Median list price

$608K

Down1.0%MoM

Days on market

37

Down9.8%MoM

Homes for sale

58

Up9.4%MoM

Price cuts

20.0%

Down20.5%MoM

New listings

44

Up46.7%MoM

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

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The comparison

How do 20904 home prices compare?

  • 20904$582,157
  • 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 Silver Spring, MD 20904 market shows modest softness. The typical home value of $582,157 has slipped 0.9% over the past year, and 20.0% of current listings have taken a price cut. There are 58 homes for sale, with 44 new listings coming on, so buyers have fresh options to compare. Homes still move at a reasonable pace, with a median of 37 days on market. For a seller, this is a market where accurate pricing from the start matters more than ambition.

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