Housing in Silver Spring, Maryland
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| Median Home Age | 51.3 | 35.1 |
| Median Home Cost | $310,800 | $153,800 |
| Home Appreciation | -0.11% | 1.62% |
| Homes Owned | 36.88% | 57.69% |
| Housing Vacant | 6.29% | 11.38% |
| Homes Rented | 56.83% | 30.93% |
| Property Tax Rate | $12.02 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.11% | 2.72% |
| $20,000 to $39,999 | 0.33% | 4.03% |
| $40,000 to $59,999 | 0.25% | 5.58% |
| $60,000 to $79,999 | 0.53% | 7.09% |
| $80,000 to $99,999 | 0.82% | 8.80% |
| $100,000 to $149,999 | 3.54% | 21.26% |
| $150,000 to $199,999 | 6.33% | 14.87% |
| $200,000 to $299,999 | 24.49% | 16.82% |
| $300,000 to $399,999 | 31.07% | 7.83% |
| $400,000 to $499,999 | 16.59% | 4.04% |
| $500,000 to $749,999 | 12.76% | 4.05% |
| $750,000 to $999,999 | 2.32% | 1.26% |
| $1,000,000 or more | 0.85% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 6.77% | 13.71% |
| 1995 to 1998 | 3.62% | 14.31% |
| 1990 to 1994 | 3.62% | 14.31% |
| 1980 to 1989 | 4.65% | 13.87% |
| 1970 to 1979 | 10.14% | 16.17% |
| 1960 to 1969 | 21.81% | 11.70% |
| 1950 to 1959 | 22.90% | 11.08% |
| 1940 to 1949 | 17.92% | 6.02% |
| 1939 or Earlier | 12.18% | 13.15% |
The median home value in Silver Spring, MD, is $310,800. Home appreciation is -0.11% over the last year. The median age of Silver Spring, MD, real estate is 51 years.
Silver Spring, MD Apartments and Rentals
Renters make up 56.83% of the Silver Spring, MD, population. 6.29% of houses and apartments in Silver Spring, MD, are unoccupied (vacancy rate).
Silver Spring Housing SperlingViews
Silver Spring: It is a wonderful place to live. Full of diversity and opportunity, it is pretty large city is a stones throw from Washington, DC. Lots of public transportation that... (read more)Not worth it: The cost of living is not worth it here. Everything is more and pay does not equal out. I am looking to move where your salary goes... (read more)Silver Spring Cost of Living: Apartments and real estate in general are quite expensive here. The absolute minimum for a one-bedroom is $900... (read more)Have an opinion about Silver Spring? Leave a commentTo See All SperlingViews for Silver Spring Click Here
