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Short Sale Listings in Silver Spring, MD 20910

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Silver Spring, MD Foreclosures

How much do homes sell for in Silver Spring, MD?
The average home price is currently $594,742.
In Silver Spring, MD, how many homes are available?
There are currently 21 active home listings available in Silver Spring.
What’s the average rental cost in Silver Spring, MD?
The average rental price in Silver Spring is $2,335.
What is the most expensive home in Silver Spring?
The most expensive home sold in Silver Spring had a price of $225,217,952.
What is currently the cheapest priced home in Silver Spring, MD?
The cheapest home for sale in Silver Spring is priced at $10,013.

Living in Silver Spring, MD

Silver Spring, MD, is a dynamic suburb with a rich cultural scene and diverse community. It's conveniently located near Washington, D.C., providing easy access to urban amenities while retaining a friendly neighborhood feel. Residents enjoy an array of parks, quality schools, and abundant shopping and dining options.

Current Market Conditions in Silver Spring, MD

The Silver Spring real estate market has seen a steady increase in home values over the past year, reflecting the area's desirability due to its proximity to D.C. and its vibrant community atmosphere. With ongoing development projects in the downtown area, further growth is anticipated.

Despite a competitive market with rising prices, home inventory has improved slightly, resulting in more options for buyers. Sellers are still benefiting from the high demand, particularly for family-sized homes and properties close to metro stations.

Home Value Estimator For Silver Spring, MD

There are currently 77,343 real estate properties in Silver Spring, MD, with a median automated valuation model (AVM) price of $542,663.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Silver Spring, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Silver Spring, MD, is $594,742.00, with the most expensive house in Silver Spring, MD, topping out at $225,217,952.00 and the cheapest home in Silver Spring, MD, clocking in at $10,013.00. In other words, there’s something for every potential homebuyer or savvy investor in Silver Spring, MD!

Rent Prices In Silver Spring, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Silver Spring, MD, is on a rollercoaster ride. The average rent price in Silver Spring, MD, is $2,335.00. Indeed, when looking to rent in Silver Spring, MD, you can expect to pay as little as $1,040.00 or as much as $6,280.00, with the average rent median estimated to be $2,310.00. The good news is that finding an affordable and desirable property to rent in Silver Spring, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Silver Spring, MD 20910 Short Sale Listings

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