Silver Spring, MD—20904

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$577,000

0.5% YoY Growth

Household Income

$93,300

9.1% YoY Growth

Days on Market

20.0% Longer YoY

Home Price Forecast

0.0%

Median Rent

$1,900

12.2% YoY Growth

1-Bed Rent

$1,590

4.3% YoY Growth

2-Bed Rent

$1,970

1.0% YoY Growth

3-Bed Rent

$2,900

11.9% YoY Growth

Other Zip Codes in Silver Spring, MD

20905 20910 20903 20906 20902 20901

Home Price Trends — Silver Spring, MD

As of Dec '25, the median home price in Silver Spring, MD is $577,000, with a year-over-year change of 0.5%. This indicates that home prices in Silver Spring, MD are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$577,000	0.5%
Single Family	$600,000	-0.3%
Condos	$287,000	-2.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,900	$2,300
Studio Rent	$1,200	$1,200
1 Bed Rent	$1,590	$1,570
2 Bed Rent	$1,970	$1,960
3 Bed Rent	$2,900	$2,910
4 Bed Rent	$3,500	$3,550

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$516,000	-1.0%
Listing Count	76	36.0%
Listings as % of Homes	0.2%	36.0%
Days on Market	42	20.0%

Metric	Latest Census	YoY % Change
Population	57,200	0.4%
% Under 18	23.8%	12.8%
% Seniors	20.7%	15.0%
% WFH	18.5%	362.5%
% w/ College Degree	49.5%	3.1%

Metric	Latest Census	5-Year % Change
% White	20.0%	-11.5%
% Black	49.3%	7.2%
% Hispanic	16.3%	10.9%
% Asian	10.6%	-27.4%
% Foreign Born	38.7%	-1.5%

Metric	Zip Code Average
Total Loan Originations	529
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

Silver Spring, MD—20904

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

Silver Spring, MD

Silver Spring, MD

Silver Spring, MD

Spencerville, MD

Burtonsville, MD

Frequently Asked Questions

Total Units under HUD	1,299
Total Units Section 8	1,289
% Rentals under Section 8	12.8%
% Occupied Section 8	91.6%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$380	$1,590	$1,970
2 Bedroom	$250	$1,970	$2,220
3 Bedroom	-$120	$2,900	$2,780
4 Bedroom	-$230	$3,500	$3,270

Metric	Zip Code Average
Home Price to Income Ratio	5.8
Median Home Price	$577,000
Median Household Income	$93,300

Silver Spring, MD—20904

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

Silver Spring, MD

Silver Spring, MD

Silver Spring, MD

Spencerville, MD

Burtonsville, MD

Frequently Asked Questions

What is the average home price in Silver Spring, MD 20904?

How have home prices in Silver Spring, MD 20904 changed over the past year?

What is the home price projection for Silver Spring, MD 20904?

What are the demographics of Silver Spring, MD 20904?

How long does it take homes to sell in Silver Spring, MD 20904?

What is the average rent price in Silver Spring, MD 20904?