The median home value in Silver Spring, MD is $632,500. This is higher 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 $632,500. Approximately 83.98% of Silver Spring homes are owned, compared to 12.93% rented, while 3.09% 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 16,473. Silver Spring 20905 is more family-centric than the surrounding county with 38.29% 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 20905 is $134,978. 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 20905 is 41.9 years.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 24.9 degrees. The average rainfall is approximately 43.6 inches per year, with 15.5 inches of snow per year.