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Silver Spring Market Report

$605,343

AVERAGE PRICE OF 482 HOMES

$470,260

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,534,591

AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES

$1,093,669

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$929,375

AVERAGE PRICE OF 8 HOMES WITH A POOL

$604,438

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $605,343
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.54 baths

Average Price by Bedrooms

1 bedroom $207,236
2 bedrooms $316,845
3 bedrooms $562,702
4 bedrooms $695,111
5 bedrooms $877,639
Silver Spring Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 431 428 n/a 322 397
Average Price $566,086 $550,993 n/a $533,164 $526,775
Avg Price Change +2.74% n/a n/a +1.21% -2.26%
Median Price $499,995 $474,500 n/a $474,833 $452,940
Med Price Change +5.37% n/a n/a +4.83% -8.42%
Avg Bedrooms 2.96 beds 2.91 beds n/a 2.79 beds 2.79 beds
Avg Bathrooms 2.44 baths 2.43 baths n/a 2.33 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albert Einstein 29 $724,565 43 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 482 $605,343 53 days
Distressed Homes 10 $470,260 91 days
Multi-Million Dollar Homes 46 $1,534,591 98 days
Newly Built Homes 10 $1,093,669 152 days
Homes with a Pool 8 $929,375 27 days
Reduced Price Homes 13 $604,438 88 days
Stillwell Group
Lee Stillwell
11400 Rockville Pike #107
North Bethesda, MD 20852
301-349-7939
301-349-7804
240-252-5833 - ext 104
Stillwell Group

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