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2025 Compare Cities Housing:
Silver Spring, MD vs Richmond, VA

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Highlights
- The median age of a home in Silver Spring is 10.5% younger than the median age of a home in Richmond.
 Silver Spring, MDRichmond, VAUnited States
 Median Home Age57  Unlock42
 Median Home Cost  Unlock$327,100$338,100
 Home Appr. Last 12 months9.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock57.5%57.0%
 Home Appr. Last 10 yrs.59.3%  Unlock101.1%
 Property Tax Rate  Unlock$9.5$11.0
 Homes Owned36.1%  Unlock57.4%
 Housing Vacant  Unlock10.3%11.2%
 Homes Rented59.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Silver Spring, MDRichmond, VAUnited States
 Average Rent  Unlock$1,680$1,840
 Studio Apartment$1,690  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$1,960  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,710$1,860
 4 Bedroom Home or Apartment$2,920  Unlock$2,160
 space1
 Vacant Housing
 Silver Spring, MDRichmond, VAUnited States
 Vacant For Rent  Unlock2.9%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other1.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Silver Spring, MDRichmond, VAUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.9%2.8%
 $60,000 to $79,9990.1%  Unlock3.9%
 $80,000 to $99,999  Unlock4.2%4.5%
 $100,000 to $149,9992.1%  Unlock11.3%
 $150,000 to $199,999  Unlock15.1%13.0%
 $200,000 to $299,9996.8%  Unlock20.1%
 $300,000 to $399,999  Unlock16.5%13.6%
 $400,000 to $499,99917.5%  Unlock8.3%
 $500,000 to $749,999  Unlock10.3%9.7%
 $750,000 to $999,99914.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.3%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, MDRichmond, VAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.3%13.6%
 2000 to 20096.8%  Unlock13.6%
 1990 to 1999  Unlock5.8%13.6%
 1980 to 19895.6%  Unlock13.2%
 1970 to 1979  Unlock9.9%14.8%
 1960 to 19696.6%  Unlock13.6%
 1950 to 1959  Unlock14.7%10.0%
 1940 to 194913.6%  Unlock4.7%
 1939 or Earlier  Unlock29.6%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 Richmond    109 Reviews
Lucas · Richmond, VA
Great for young families
Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Juli · Richmond, VA
RVA is the place to be
Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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9 to 5 · Richmond, VA
It's cool for what it is
Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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Learn More About Silver Spring, Maryland
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