Market Intelligence · MD / Silver Spring

Silver Spring, MD 20905 Housing Market

The typical home value in Silver Spring, MD 20905 is $665,546, down 0.5% over the past year. Homes are listing at a median price of $744,925 and spending a median of 24 days on market.

Updated September 2026Median value$666K

The median home value in Silver Spring, MD 20905 is $666K as of September 2026, down 0.5% 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 20905 range

$612K to $719K

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

-0.5% over 12 months

Sep 2025$669K

Low $665KHigh $669K

Sep 2026$666K

The numbers

What is the 20905 housing market like?

As of September 2026

Typical home value

$666K

0.5%YoY

Median list price

$745K

0.0%MoM

Days on market

17.2%MoM

Homes for sale

27.8%MoM

Price cuts

14.8%

29.5%MoM

New listings

33.3%MoM

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

The outlook

20905 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 20905 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 20905 fell 0.5%, per the Zillow Home Value Index.

Will home prices drop in 20905?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 20905 to stay roughly flat by September 2027 (up 0.1%), after a 0.5% 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 20905 home prices compare?

20905$665,546
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's market shows moderate activity with 23 homes for sale and 16 new listings as of September 2026. The median list price of $744,925 sits above the typical home value of $665,546, a gap worth noting for buyers and sellers alike. Days on market average 24, a reasonable pace that suggests neither a fast-moving seller's market nor a sluggish one. About 14.8% of listings have seen price cuts, a sign that some sellers are adjusting expectations. For homeowners considering a sale, the slight year-over-year decline in typical value means pricing competitively and being realistic about timing will matter.

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Home price

Down payment20% · $133,109

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Common questions

What people ask us.

What is the typical home value in Silver Spring, MD 20905?

The typical home value is $665,546 as of September 2026, down 0.5% over the past year.

How long do homes typically spend on the market here?

Homes spend a median of 24 days on market in this ZIP.

What share of homes have price reductions?

About 14.8% of listings have seen a price cut as of September 2026.

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