Silver Spring MD Homes For Sale
Silver Spring, Maryland has been enjoying a solid market rebound as of late, with a 7.2% value growth in 2012. This is the second most populated place in Montgomery County, with nearly 72,000 residents and a median property value of $334,100. This popular community has been chronicled in a PBS documentary entitled “Silver Spring, Story of an American Suburb” and was also the subject of a recent NY Times article describing its downtown resurgence.
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Silver Spring MD homes for sale are nicely diversified, with exactly two-thirds single-family homes and the rest condos. The price range is fairy wide as well, from five-figure condos to large homes rising into the low seven-figures. There's no set commonality in age or architecture either – modern residential development goes back to late 1800's with construction continuing at a steady pace ever since. Condos range from one-level buildings to high-rises, and detached home-styles include Colonial, Victorian, Cape Cod, Mediterranean, Craftsman, Rambler and Mid-Century Modern.
Silver Spring was once a mining town, hence the name. A forward-thinking land speculator bought up a lot of land at the time, setting in motion the area's modern commercial and residential development. Since 2000, there has been a new concerted effort to revitalize the downtown area with smart, sustainable growth. Several city blocks were recently completely reconstructed resulting in a large outdoor shopping plaza, “Downtown Silver Spring”.
There's a number of neighborhoods and subdivisions within Silver Spring's bounds, reflecting different eras and styles. If there's a common identifier here, it's comfortable suburbia – the median family income is $77,541 and there's a healthy job market. As for amenities, there's a new Whole Foods and a Trader Joe's and restaurants with cuisines from Ethiopian to New American. Among the many entertainment choices is the AFI Silver Theatre and Cultural Center, a complete restoration of a grand old Art Deco cinema, sponsored by the American Film Institute.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2018.
Listing information last updated on October 16th, 2018 at 1:54pm EDT.