Silver Spring, MD Real Estate
Silver Spring is a city in Montgomery County, Maryland with a population of about 82,129. The median home value is near $619,400, and median rent runs around $1,899/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$619,400
Median Rent
$1,899/mo
Population
82,129
Median Income
$98,880
Median Age
35.2
Homeownership
38.2%
Monthly payment on a median Silver Spring home
Example for a $619,400 home: 20% down, 30-yr at ~6.75%, MD property tax ~0.92%, 0.4% insurance.
Est. monthly (PITI)
$3,895
Principal & interest
$3,214
Property tax / mo
$475
Down payment (20%)
$123,880
Silver Spring at a glance
- 26.3% of residents 25+ hold a bachelor's degree or higher.
- 38.2% of occupied homes are owner-occupied.
- Median household income is $98,880.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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