The median home value in Silver Spring, MD is $486,800. This is higher than the county median home value of $441,500. The national median home value is $219,700. The average price of homes sold in Silver Spring, MD is $486,800. Approximately 88.03% of Silver Spring homes are owned, compared to 8.7% rented, while 3.27% 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 20905 has a population of 15,482. Silver Spring 20905 is less family-centric than the surrounding county with 31.12% of the households containing married families with children. The county average for households married with children is 37.55%.
The median household income in Silver Spring, Maryland 20905 is $122,267. The median household income for the surrounding county is $103,178 compared to the national median of $57,652. The median age of people living in Silver Spring 20905 is 41.4 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 24.9 degrees. The average rainfall is approximately 43.9 inches per year, with 11 inches of snow per year.