Silver Spring, MD—20902

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$526,000

0.4% YoY Growth

Household Income

$111,000

23.3% YoY Growth

Days on Market

6.0% Longer YoY

Home Price Forecast

-0.2%

Median Rent

$2,950

12.7% YoY Growth

1-Bed Rent

$1,580

11.2% YoY Growth

2-Bed Rent

$2,000

11.8% YoY Growth

3-Bed Rent

$3,110

1.7% YoY Growth

Other Zip Codes in Silver Spring, MD

20905 20904 20910 20903 20906 20901

Home Price Trends — Silver Spring, MD

As of Dec '25, the median home price in Silver Spring, MD is $526,000, with a year-over-year change of -0.4%. This indicates that home prices in Silver Spring, MD are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$526,000	-0.4%
Single Family	$545,000	-0.9%
Condos	$220,000	-4.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,950	$2,670
Studio Rent	$1,680	$1,630
1 Bed Rent	$1,580	$1,670
2 Bed Rent	$2,000	$2,160
3 Bed Rent	$3,110	$3,080
4 Bed Rent	$3,250	$3,330

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$545,000	-3.0%
Listing Count	75	13.0%
Listings as % of Homes	0.2%	13.0%
Days on Market	54	6.0%

Metric	Latest Census	YoY % Change
Population	53,200	1.3%
% Under 18	25.3%	-0.4%
% Seniors	13.6%	8.8%
% WFH	21.0%	320.0%
% w/ College Degree	47.3%	2.2%

Metric	Latest Census	5-Year % Change
% White	32.0%	-6.2%
% Black	18.5%	9.5%
% Hispanic	38.5%	6.4%
% Asian	7.6%	-20.0%
% Foreign Born	37.1%	-0.8%

Metric	Zip Code Average
Total Loan Originations	456
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

Silver Spring, MD—20902

Key Metrics at a Glance

Other Zip Codes in Silver Spring, MD

Home Price Trends — Silver Spring, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Silver Spring, MD

% of Rental Stock

Property Listings — Silver Spring, MD

Demographics — Silver Spring, MD

Race and Ethnicity

Mortgage and Risk — Silver Spring, MD

Mortgages

Rentals and Section 8 — Silver Spring, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Silver Spring, MD

Home Price to Income Ratio

Silver Spring, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Kensington, MD

Silver Spring, MD

Silver Spring, MD

Silver Spring, MD

Garrett Park

Frequently Asked Questions

Total Units under HUD	697
Total Units Section 8	673
% Rentals under Section 8	10.9%
% Occupied Section 8	93.4%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$620	$1,580	$2,200
2 Bedroom	$480	$2,000	$2,480
3 Bedroom	-$10	$3,110	$3,100
4 Bedroom	$410	$3,250	$3,660

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$526,000
Median Household Income	$111,000

Silver Spring, MD—20902

Key Metrics at a Glance

Other Zip Codes in Silver Spring, MD

Home Price Trends — Silver Spring, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Silver Spring, MD

% of Rental Stock

Property Listings — Silver Spring, MD

Demographics — Silver Spring, MD

Race and Ethnicity

Mortgage and Risk — Silver Spring, MD

Mortgages

Rentals and Section 8 — Silver Spring, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Silver Spring, MD

Home Price to Income Ratio

Silver Spring, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Kensington, MD

Silver Spring, MD

Silver Spring, MD

Silver Spring, MD

Garrett Park

Frequently Asked Questions

What is the average home price in Silver Spring, MD 20902?

How have home prices in Silver Spring, MD 20902 changed over the past year?

What is the home price projection for Silver Spring, MD 20902?

What are the demographics of Silver Spring, MD 20902?

How long does it take homes to sell in Silver Spring, MD 20902?

What is the average rent price in Silver Spring, MD 20902?