Market Intelligence · MD / Silver Spring

Silver Spring, MD 20906 Housing Market

The typical home in Silver Spring's 20906 ZIP is worth $441,929, down 0.1% over the past year. The median list price is $289,450, and homes spend a median of 43 days on market.

Updated August 2026Median value$442K

The median home value in Silver Spring, MD 20906 is $442K as of August 2026, down 0.1% 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 20906 range

$407K to $477K

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

-0.1% over 12 months

Typical home value in 20906 over the last 12 months: $442K in Aug 2025 to $442K in Aug 2026 (-0.1%).

Aug 2025$442K

Aug 2026$442K

The numbers

What is the 20906 housing market like?

Typical home value

$442K

Down0.1%YoY

Median list price

$289K

Up2.5%MoM

Days on market

43

Down2.3%MoM

Homes for sale

172

Up9.6%MoM

Price cuts

18.5%

Up1.4%MoM

New listings

76

Down11.6%MoM

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

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The comparison

How do 20906 home prices compare?

  • 20906$441,929
  • 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

There are 172 homes for sale in 20906, with 76 new listings hitting the market. The median list price sits at $289,450, well below the typical home value of $441,929, which reflects the mix of condos and smaller homes currently listed. Properties take a median of 43 days to sell, and 18.5% of listings have taken a price cut. Values are essentially flat, down 0.1% over the past year. For a seller, this is a stable but unspectacular market where pricing correctly from the start matters.

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