News

QuantaLoan Market Research

USA!
USA
flag
Maryland
Silver Spring
Maryland

Silver Spring, MD 20905

Silver Spring (20905) has an estimated 18,044 residents with 17,984 of those people in approximately 5,810 housing units. The 20905 zipcode contains 4,187 housing units that are owned with a mortgage or a loan, 1,058 housing units that are owned free and clear and 565 housing units that are renter occupied.


In Silver Spring (20905) the median listing price of $520,000 has risen by $50 since 2018-10.

In 2018 the average percentage drop was 3.01% of original listing price.

Zip code 20905 is in the Washington-Arlington-Alexandria metropolitan area.
The median estimated home value in Silver Spring, MD (20905) is $479,000 as of 2018-10-31 . Home values here have declined by 0.34%.

In Silver Spring, MD (20905), values have dropped by -0.17 from when they peaked at $580,400 in 2006-Q3

The Zillow Market Health Index for Silver Spring, MD (20905) is 2.58. The corresponding state value is 0.78. This is significantly higher than the overall Market Health Index of Maryland.

Demographics of Silver Spring zipcode 20905
The median age here is 43.60. This age is 114.7% the national median age.
This population is significantly older.
The number of male residents is 8,891 with a median age of 42.30 years. The number of female residents is 9,153 with a median age of 44.50 years. This yields a ♂ to ♀ ratio of 0.97
The average household is 3.10 persons and has an income of $130,811.
The average family size in Silver Spring is 3.36.
Area Code: 301
Time zone: Eastern USA
Region: South - South Atlantic
Has Daylight Saving: Yes
Businesses: 277
Employment: 1,724
Medicare Area: Frederick-Gaithersburg-Rockville, MD
County: MONTGOMERY

Interested in adding this type of zip code level housing statistics to your website? Click here for the QuantaLoan.com city widget code for Silver Spring (20905).