The median home value in Silver Spring, MD is $530,000. This is lower than the county median home value of $556,100. The national median home value is $338,100. The average price of homes sold in Silver Spring, MD is $530,000. Approximately 36.11% of Silver Spring homes are owned, compared to 59.01% rented, while 4.89% are vacant. Silver Spring real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Silver Spring real estate agent to arrange a tour today!
Silver Spring, Maryland has a population of 82,472. Silver Spring is less family-centric than the surrounding county with 36.4% of the households containing married families with children. The county average for households married with children is 37.16%.
The median household income in Silver Spring, Maryland is $91,970. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Silver Spring is 34.5 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 24.9 degrees. The average rainfall is approximately 44.3 inches per year, with 14.1 inches of snow per year.