The North Silver Spring housing market is very competitive. The median sale price of a home in North Silver Spring was $860K last month, up 6.7% since last year. The median sale price per square foot in North Silver Spring is $425, up 5.1% since last year.
What is the housing market like in North Silver Spring today?
$860K
Sale Price
+6.7% since last year
$425
Sale $/Sq. Ft.
+5.1% since last year
Over List Price
2.2%
Days on Market
6
Down Payment
19.7%
Total Homes Sold
12
To compare other locations to the North Silver Spring and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Silver Spring add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the North Silver Spring housing market?
North Silver Spring is very competitive. Homes sell in 6 days.
0
100
88
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 6 days.
Hot homes
can sell for about 5% above list price and go pending in around 3 days.
Explore recent offers and recently sold homes in North Silver Spring
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$1.25M Offer
Sold for $1.75M
4bd | 3.5ba | ~5,000sqft
Over List Price
0%
Days on Market
7
Competing Offers
8
Down Payment
~20%
Tiernan Dickens
North Silver Spring Redfin Agent
We wrote a strong, non contingent offer way above list price, but were outgunned.
Offer Not Accepted|
9 Weeks Ago
~$750K Offer
Sold for $800K
3bd | 2ba | ~1,750sqft
Over List Price
2%
Days on Market
6
Competing Offers
4
Down Payment
~30%
Nadia Lynn Allen Bush
North Silver Spring Redfin Agent
Escalation clauses and contingencies dont work in certain pockets of Silver Spring. These were very strong buyers but we lost after making the first two offers with no contingencies.The winning offer paid way over asking. …
More
View houses in North Silver Spring that sold recently
Learn about schools in the North Silver Spring area
Elementary
Middle
High
GreatSchools Rating
5/10
Woodlin Elementary School
Public • PreK-5
511
Students
15 reviews
5/10
Sligo Creek Elementary School
Public • PreK-5
658
Students
13 reviews
NR
Rosemary Hills Elementary School
Public • PreK-2
516
Students
14 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Silver Spring housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Silver Spring.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Silver Spring has a moderate risk of flooding. 10 properties in North Silver Spring are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in North Silver Spring. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Silver Spring has a minor risk of wildfire. There are 4 properties in North Silver Spring that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in North Silver Spring.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
North Silver Spring has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Silver Spring is most at risk from hurricanes. 176 properties in North Silver Spring have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.
81% of properties are at major
risk of heat over the next 30 years
Heat Factor
North Silver Spring has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 81% of homes in North Silver Spring have a Major Heat Factor®.
North Silver Spring is expected to see a 100% increase in the number of days over 104ºF over the next 30 years. North Silver Spring is expected to experience 6