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2025 Compare Cities Housing:
Silver Spring, MD vs Newark, NJ

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Highlights
- The median age of a home in Silver Spring is 3.5% older than the median age of a home in Newark.
 Silver Spring, MDNewark, NJUnited States
 Median Home Age57  Unlock42
 Median Home Cost  Unlock$385,700$338,100
 Home Appr. Last 12 months9.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock46.3%57.0%
 Home Appr. Last 10 yrs.59.3%  Unlock101.1%
 Property Tax Rate  Unlock$25.0$11.0
 Homes Owned36.1%  Unlock57.4%
 Housing Vacant  Unlock9.1%11.2%
 Homes Rented59.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Silver Spring, MDNewark, NJUnited States
 Average Rent  Unlock$1,740$1,840
 Studio Apartment$1,690  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,160$1,180
 2 Bedroom Home or Apartment$1,960  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,760$1,860
 4 Bedroom Home or Apartment$2,920  Unlock$2,160
 space1
 Vacant Housing
 Silver Spring, MDNewark, NJUnited States
 Vacant For Rent  Unlock3.2%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other1.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Silver Spring, MDNewark, NJUnited States
 Less Than $20,000  Unlock4.6%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock1.0%2.8%
 $60,000 to $79,9990.1%  Unlock3.9%
 $80,000 to $99,999  Unlock1.2%4.5%
 $100,000 to $149,9992.1%  Unlock11.3%
 $150,000 to $199,999  Unlock14.6%13.0%
 $200,000 to $299,9996.8%  Unlock20.1%
 $300,000 to $399,999  Unlock21.8%13.6%
 $400,000 to $499,99917.5%  Unlock8.3%
 $500,000 to $749,999  Unlock5.8%9.7%
 $750,000 to $999,99914.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
 space3
 Housing Units By Year Built
 Silver Spring, MDNewark, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock12.0%13.6%
 2000 to 20096.8%  Unlock13.6%
 1990 to 1999  Unlock11.1%13.6%
 1980 to 19895.6%  Unlock13.2%
 1970 to 1979  Unlock10.6%14.8%
 1960 to 19696.6%  Unlock13.6%
 1950 to 1959  Unlock10.9%10.0%
 1940 to 194913.6%  Unlock4.7%
 1939 or Earlier  Unlock23.3%12.2%
Transportation
Reviews for Silver Spring    18 Reviews
Samira · Wilmington, NC
Why We Left Silver Spring MD for Wilmington NC
Over 7 years ago

Growing up in Silver Spring, my family and I have been residents for the better part of 25 years. Although some of the development has been great (Discovery Channel, new  More

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Ruth · Takoma Park, MD
Parent's comments - after our first year
Over 8 years ago

What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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Ruth · Takoma Park, MD
Parent's comments - after our first year
Over 8 years ago

What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

   |    Reply

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Reviews for Newark    26 Reviews
David · Roanoke, VA
Horrible city
Over 4 years ago

Newark is straight garbage.  More

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Peter · Newark, NJ
Ironbound is crime ridden and police and politican
Over 10 years ago

Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

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Sheila · Ogden, UT
Crime
Over 12 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

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Learn More About Silver Spring, Maryland
Overview
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