Silver Spring, MD—20906

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$439,000

0.6% YoY Growth

Household Income

$93,000

24.6% YoY Growth

Days on Market

18.0% Longer YoY

Home Price Forecast

0.2%

Median Rent

$2,300

8.0% YoY Growth

1-Bed Rent

$1,520

16.5% YoY Growth

2-Bed Rent

$2,100

2.8% YoY Growth

3-Bed Rent

$2,900

8.4% YoY Growth

Other Zip Codes in Silver Spring, MD

20905 20904 20910 20903 20902 20901

Home Price Trends — Silver Spring, MD

As of Dec '25, the median home price in Silver Spring, MD is $439,000, with a year-over-year change of 0.6%. 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	$439,000	0.6%
Single Family	$527,000	-0.4%
Condos	$251,000	-0.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,300	$2,430
Studio Rent	$1,000	$1,000
1 Bed Rent	$1,520	$1,470
2 Bed Rent	$2,100	$2,110
3 Bed Rent	$2,900	$2,970
4 Bed Rent	$3,200	$3,380

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$281,000	-17.0%
Listing Count	198	31.0%
Listings as % of Homes	0.5%	31.0%
Days on Market	45	18.0%

Metric	Latest Census	YoY % Change
Population	71,200	1.5%
% Under 18	21.9%	1.4%
% Seniors	21.1%	4.5%
% WFH	16.3%	352.8%
% w/ College Degree	42.4%	12.2%

Metric	Latest Census	5-Year % Change
% White	25.6%	-1.2%
% Black	24.9%	2.5%
% Hispanic	32.0%	-3.3%
% Asian	11.5%	-10.9%
% Foreign Born	42.3%	-3.2%

Metric	Zip Code Average
Total Loan Originations	521
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

Silver Spring, MD—20906

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

Rockville, MD

Silver Spring, MD

Olney, MD

Kensington, MD

Garrett Park

Frequently Asked Questions

Total Units under HUD	868
Total Units Section 8	866
% Rentals under Section 8	10.3%
% Occupied Section 8	96.6%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$430	$1,520	$1,950
2 Bedroom	$90	$2,100	$2,190
3 Bedroom	-$160	$2,900	$2,740
4 Bedroom	$30	$3,200	$3,230

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$439,000
Median Household Income	$93,000

Silver Spring, MD—20906

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

Rockville, MD

Silver Spring, MD

Olney, MD

Kensington, MD

Garrett Park

Frequently Asked Questions

What is the average home price in Silver Spring, MD 20906?

How have home prices in Silver Spring, MD 20906 changed over the past year?

What is the home price projection for Silver Spring, MD 20906?

What are the demographics of Silver Spring, MD 20906?

How long does it take homes to sell in Silver Spring, MD 20906?

What is the average rent price in Silver Spring, MD 20906?