Market Intelligence · MD / Silver Spring

Silver Spring, MD 20906 Housing Market

The typical home value in Silver Spring 20906 is $450,661, down 0.5% over the past year. The median list price sits at $294,875, and homes are taking a median of 38 days to sell as of June 1, 2026.

Updated June 2026Median value$451K

The median home value in Silver Spring, MD 20906 is $451K as of June 2026, down 0.5% 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

$415K to $487K

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

Typical home value in 20906 over the last 12 months: $453K in Jun 2025 to $451K in Jun 2026 (-0.5%).

Jun 2025$453K

Jun 2026$451K

The numbers

What is the 20906 housing market like?

Typical home value

$451K

Down0.5%YoY

Median list price

$295K

Days on market

38

Down17.4%MoM

Homes for sale

167

Price cuts

16.5%

New listings

88

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

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The comparison

How do 20906 home prices compare?

  • 20906$450,661
  • 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 167 homes for sale in the 20906 ZIP code, with 88 new listings recorded as of June 1, 2026. The median list price is $294,875, and the median time on market is 38 days. About 16.5% of listings have taken a price cut, and the typical home value of $450,661 is down 0.5% over the past year. Sellers here should price carefully and expect that many buyers are watching for adjustments before they commit.

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