Silver Spring Park, MD Housing Market

The Silver Spring Park housing market is very competitive. The median sale price of a home in Silver Spring Park was $465K last month, up 297.4% since last year. The median sale price per square foot in Silver Spring Park is $451, up 54.5% since last year.

Trends
Demand
Schools
Climate

Silver Spring Park Housing Market Trends

What is the housing market like in Silver Spring Park today?

$465K

Sale Price

+297.4%
since last year

$451

Sale $/Sq. Ft.

+54.5%
since last year

Over List Price

2.5%

Days on Market

Down Payment

17.5%

Total Homes Sold

To compare other locations to the Silver Spring Park 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.

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How hot is the Silver Spring Park housing market?

Silver Spring Park is very competitive. Homes sell in 19 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 19 days.
Hot homes
can sell for about 6% above list price and go pending in around 5 days.

Compare With Nearby Neighborhoods

Northwest Washington

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 67 days.
Hot homes
can sell for around list price and go pending in around 26 days.

Chevy Chase-DC

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 21 days.
Hot homes
can sell for about 6% above list price and go pending in around 5 days.

See more nearby cities and neighborhoods

View houses in Silver Spring Park that sold recently

Recently sold homes

SOLD DEC 30, 2024
$600,000
—beds
3 baths
2,832 sq ft
761 Silver Spring Ave, Silver Spring, MD 20910
List Price
—
Sale to List
—
Days on Market
—
761 Silver Spring Ave, Silver Spring, MD 20910
SOLD DEC 30, 2024
$465,000 Last Sold Price
3 beds
1 bath
776 sq ft
237 Dale Dr, Silver Spring, MD 20910
(301) 652-0400
List Price
$514,900
Sale to List
10% under list
Days on Market
117 days
237 Dale Dr, Silver Spring, MD 20910
SOLD DEC 19, 2024
$670,000 Last Sold Price
3 beds
2.5 baths
1,320 sq ft
304 Mansfield Rd, Silver Spring, MD 20910
(410) 349-1207
List Price
$699,900
Sale to List
4% under list
Days on Market
131 days
304 Mansfield Rd, Silver Spring, MD 20910
SOLD DEC 19, 2024
$394,900 Last Sold Price
2 beds
1.5 baths
1,060 sq ft
8320 Fenton St Unit B, Silver Spring, MD 20910
(301) 921-2663
List Price
$394,900
Sale to List
0% over list
Days on Market
58 days
8320 Fenton St Unit B, Silver Spring, MD 20910
SOLD DEC 11, 2024
$119,000 Last Sold Price
1 bed
1 bath
600 sq ft
8718 Manchester Rd #4, Silver Spring, MD 20901
(202) 888-1127
List Price
$119,000
Sale to List
0% over list
Days on Market
89 days
8718 Manchester Rd #4, Silver Spring, MD 20901
SOLD DEC 2, 2024
3D WALKTHROUGH
$635,000 Last Sold Price
3 beds
1 bath
1,407 sq ft
509 Mansfield Rd, Silver Spring, MD 20910
(301) 565-2523
List Price
$618,000
Sale to List
3% over list
Days on Market
38 days
509 Mansfield Rd, Silver Spring, MD 20910
SOLD OCT 31, 2024
$165,000 Last Sold Price
1 bed
1 bath
689 sq ft
575 Thayer Ave #801, Silver Spring, MD 20910
(301) 652-0643
List Price
$165,000
Sale to List
0% over list
Days on Market
100 days
575 Thayer Ave #801, Silver Spring, MD 20910
SOLD OCT 28, 2024
3D WALKTHROUGH
$622,000 Last Sold Price
3 beds
3 baths
1,360 sq ft
8120 Bonaire Ct, Silver Spring, MD 20910
(301) 565-2523
List Price
$622,000
Sale to List
0% over list
Days on Market
54 days
8120 Bonaire Ct, Silver Spring, MD 20910
See all recently sold homes in Silver Spring Park.
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Schools in Silver Spring Park

Learn about schools in the Silver Spring Park area

Elementary
Middle
High

GreatSchools Rating

6/10 East Silver Spring Elementary School Public • PreK-5	481 Students	7 reviews
5/10 Sligo Creek Elementary School Public • PreK-5	658 Students	13 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 Silver Spring Park housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Silver Spring Park.

Flood Factor - Minor

13% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Moderate

100% of properties are at moderate risk of a severe wind event over the next 30 years

Heat Factor - Major

66% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

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