Silver Spring, PA is a thriving community with a median house value of $408,800. This is much higher than the US median house value of $338,100, indicating that Silver Spring real estate is in high demand. This has been further emphasized by its one year House appreciation rate of 12.41%, which is significantly higher than the national average of 8.27%. All in all, Silver Spring appears to be a great place for people looking to invest in real estate.
The median home cost in Silver Spring is $408,800. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Silver Spring is up 14.0%.
Average Age of Homes
- The median age of Silver Spring real estate is 26 years old
The Rental Market in Silver Spring
- Renters make up 16.3% of the Silver Spring population
- 0.0% of houses and apartments in Silver Spring, 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.