How does the housing market look in 20904? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
20904 Silver Spring, MD
Median Sale Price
$505,000
9.4%
New Listings
18
51.4%
Number of Homes Sold
20
33.3%
Median Days on Market
23
394.9%
Market Overview
All Home Types
In the last 30 days, homes for sale in 20904, Silver Spring, MD sold for a median price of $505,000, up 9.4% compared to the same period last year. The median price per square foot was $227.61, down 0.6% year-over-year. There were 20 homes sold, down from 30 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 20904, Silver Spring, MD was 40, down 37.5% compared to last year. In the last 30 days, 18 new homes were listed for sale, down 51.4% year-over-year. The median days on market was 23.33, up from 4.71 days last year. The months of supply was 0.9, same compared to last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 20904, Silver Spring, MD had a median sale-to-list-price ratio of 100.5%, down 2.5 pt compared to the same period last year. 47.37% of homes sold above list price, down 12.6 pt year-over-year. 31.58% of homes listed dropped in price, up 18.2 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In 20904
Berkshire Hathaway HomeServices PenFed Realty • MLS MDMC2086730 • Status: Coming Soon
Compass • MLS MDMC2086732 • Status: Coming Soon
Smart Realty, LLC • MLS MDMC2086414 • Status: Active
Century 21 Redwood Realty • MLS MDMC2085860 • Status: Active
HomeSmart • MLS MDMC2085768 • Status: Coming Soon
Long & Foster Real Estate, Inc. • MLS MDMC2085678 • Status: Active
Long & Foster Real Estate, Inc. • MLS MDMC2085600 • Status: Active
Bennett Realty Solutions • MLS MDMC2084754 • Status: Active
RE/MAX Results • MLS MDMC2083758 • Status: Active
Homewise Realty Services, LLC • MLS MDMC2081836 • Status: Active
HomeSmart • MLS MDMC2077014 • Status: Active
Long & Foster Real Estate, Inc. • MLS MDMC2040688 • Status: Active