The housing median value in 20901 Silver Spring, MD is $528,100, which is significantly higher than the US House Median Value of $338,100. Additionally, the US 1 year house appreciation rate is 8.27%, while the house 1 year appreciation rate in 20901 Silver Spring, MD is 2.33%. This suggests that the housing market in 20901 Silver Spring is not growing at a rate as high as other areas in the United States.
The median home cost in Silver Spring (zip 20901) is $528,100. Home appreciation the last 10 years has been 59.7%. Home Appreciation in Silver Spring (zip 20901) is up 9.1%.
Average Age of Homes
- The median age of Silver Spring (zip 20901) real estate is 61 years old
The Rental Market in Silver Spring (zip 20901)
- Renters make up 32.5% of the Silver Spring (zip 20901) population
- 0.9% of houses and apartments in Silver Spring (zip 20901), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.