All Home Types
Silver Spring, MD Housing Market
What is the housing market like in Silver Spring today?
In January 2025, Silver Spring home prices were up 9.6% compared to last year, selling for a median price of $589K. On average, homes in Silver Spring sell after 33 days on the market compared to 43 days last year. There were 27 homes sold in January this year, up from 26 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$588,850
+9.6% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Silver Spring, MD
$588,850
+9.6%
United States
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Silver Spring Migration & Relocation Trends
In Dec '24 - Feb '25, 20% of Silver Spring homebuyers searched to move out of Silver Spring, while 80% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Silver Spring from outside metros.
- New York homebuyers searched to move into Silver Spring more than any other metro followed by Hartford and Los Angeles.
Where are people moving to Silver Spring from?
- 80% of Silver Spring homebuyers searched to stay within the Silver Spring metropolitan area.
- Salisbury was the most popular destination among Silver Spring homebuyers followed by Virginia Beach and Miami.
Where are people from Silver Spring moving to?
Number of People Moving to Silver Spring
least
most
People are moving to Silver Spring from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,883 | ||
| 2 | 1,253 | ||
| 3 | 1,194 | ||
| 4 | 364 | ||
| 5 | 8 | ||
| 6 | 4 | ||
| 7 | 4 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving Silver Spring for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 4,313 | ||
| 2 | 1,997 | ||
| 3 | 1,842 | ||
| 4 | 1,662 | ||
| 5 | 1,420 | ||
| 6 | 1,408 | ||
| 7 | 1,198 | ||
| 8 | 973 | ||
| 9 | 959 | ||
| 10 | 905 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Silver Spring.
Provided by First Street Foundation
Transportation in Silver Spring
Learn about the walkability, bikeability, and transit-friendliness of Silver Spring
Somewhat Walkable
Walk Score®
Good Transit
Transit Score®
Bikeable
Bike Score®
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