Property prices for sale in Silver Spring (Maryland)

The prices in real estate in Silver Spring, in the Maryland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$477,515.67
Average price last 6 months
$274.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Silver Spring has remained the same in the last 6 months. In October, the average price per sq.feet was $264. In November this price pretty much remained the same at a value of $268 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $266 to $271 per sq.feet. The price per sq.feet has increased 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $268.5 to $287 during February, and March.

Average price

Based upon to the price in Silver Spring (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $457,483. In November This price remains at $445,501. In the following two months the average price has remained the same with regard to the previous two months from $451,492 to $473,983.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $517,677 they are 58 % more affordable than the average price for Silver Spring. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $520,476.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $291 / sq.feet, with an average $281 / sq.feet price in Silver Spring. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $303 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $517,677 it is 47 % cheaper than the average price in Silver Spring. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $699,597 it is 48 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $256 / sq.feet followed by "House" priced at $300 / sq.feet. "Land" is the most costly type of property with a $308,590 / sq.feet cost followed by "Townhouse" with an average price of $305 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Silver Spring
Number of properties used in region Maryland
$517,677
$281
8,360
365,146
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
4 Bedroom, Silver Spring Md 20903 Id: 1us74588644
 20
4 Bedroom, Silver Spring Md 20903 Id: 1us74588644
$925,000
Silver Spring, Maryland - For Sale - House - 3,214 sq.feet - 4 bedrooms - 4 bathrooms
Trv74588644 - open house march 10th 1-3 pm. Welcome home to this classic 4 bedroom 3.5 bathroom colonial situated on a beautifully landscaped one acre level...
4 Bedroom, Silver Spring Md 20906 Id: 1us75060390
 20
4 Bedroom, Silver Spring Md 20906 Id: 1us75060390
$899,000
Silver Spring, Maryland - For Sale - House - 3,501 sq.feet - 4 bedrooms - 4 bathrooms
Trv75060390 - offer deadline monday april 1st at 12pm open house sat 1-3pm. Welcome home to this gorgeous and completely updated split level in highly...
3 Bedroom, Silver Spring Md 20902 Id: 1us75355342
 20
3 Bedroom, Silver Spring Md 20902 Id: 1us75355342
$625,000
Silver Spring, Maryland - For Sale - House - 1,974 sq.feet - 3 bedrooms - 3 bathrooms
Trv75355342 - welcome to 2517 weisman road, a charming, 1935 vintage farmhouse on.39 acres nestled in the heart of the wheaton-glenmont area of silver spring...
3 Bedroom, Silver Spring Md 20906 Id: 1us74814847
 20
3 Bedroom, Silver Spring Md 20906 Id: 1us74814847
$409,000
Silver Spring, Maryland - For Sale - House - 1,104 sq.feet - 3 bedrooms - 3 bathrooms
Trv74814847 - discover your dream home in this completely remodeled townhouse located in the longmead subdivision of silver spring. This stunning courtyard facing...
3 Bedroom, Silver Spring Md 20902 Id: 1us75434764
 20
3 Bedroom, Silver Spring Md 20902 Id: 1us75434764
$670,000
Silver Spring, Maryland - For Sale - House - 2,009 sq.feet - 3 bedrooms - 3 bathrooms
Trv75434764 - spectacular, light-filled home with highly functional layout that caters to modern living! This picture perfect colonial, in sought after...
Lenox Park Fenton E
 1
Lenox Park Fenton E
$1,930
Silver Spring, Maryland - For Rent - Apartment - 800 sq.feet - 1 bedroom - 1 bathroom
Welcome to lenox park apartments in the heart of silver spring! As part of bernstein management corporation, you can count on a few things - an enjoyable maryland neighborhood...
Lenox Park Fenton Ec
 1
Lenox Park Fenton Ec
$1,665
Silver Spring, Maryland - For Rent - Apartment - 856 sq.feet - 1 bedroom - 1 bathroom
Welcome to lenox park apartments in the heart of silver spring! As part of bernstein management corporation, you can count on a few things - an enjoyable maryland neighborhood...
Lenox Park Fenton Ea
 1
Lenox Park Fenton Ea
$2,185
Silver Spring, Maryland - For Rent - Apartment - 812 sq.feet - 1 bedroom - 1 bathroom
Welcome to lenox park apartments in the heart of silver spring! As part of bernstein management corporation, you can count on a few things - an enjoyable maryland neighborhood...
Lenox Park Blair G
 1
Lenox Park Blair G
$2,450
Silver Spring, Maryland - For Rent - Apartment - 1,037 sq.feet - 2 bedrooms - 1 bathroom
Welcome to lenox park apartments in the heart of silver spring! As part of bernstein management corporation, you can count on a few things - an enjoyable maryland neighborhood...
Lenox Park Elsworth D
 1
Lenox Park Elsworth D
$2,420
Silver Spring, Maryland - For Rent - Apartment - 1,224 sq.feet - 2 bedrooms - 2 bathrooms
Welcome to lenox park apartments in the heart of silver spring! As part of bernstein management corporation, you can count on a few things - an enjoyable maryland neighborhood...