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Foreclosure Homes in Silver Spring, MD

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1 View this home at Interlachen Dr Apt 111 Silver Spring MD 20906
Foreclosure
$148,000 List Price

2 Bed | 1 Bath | 965 Sq. Ft.

View this home at Blueridge Ave Silver Spring MD 20902
Foreclosure
$367,050 EMV

| 1 Bath | 1,158 Sq. Ft.

View this home at Windmill Ln Silver Spring MD 20905
Foreclosure
$579,929 EMV

| 2.5 Bath | 2,107 Sq. Ft.

5 View this home at W Nolcrest Dr Silver Spring MD 20903
Foreclosure
$687,312 EMV

5 Bed | 3 Bath | 2,366 Sq. Ft.

View this home at Hammersmith Cir Silver Spring MD 20906
Foreclosure
$351,192 EMV

| 1.5 Bath | 1,152 Sq. Ft.

View this home at Interlachen Dr Apt 1-111 Silver Spring MD 20906
Foreclosure

| 1,210 Sq. Ft.

View this home at Piney Branch Rd Apt 205 Silver Spring MD 20903
Foreclosure
$145,824 EMV

| 1,277 Sq. Ft.

View this home at Ansted Rd Silver Spring MD 20905
Foreclosure
$635,184 EMV

| 2.5 Bath | 2,475 Sq. Ft.

View this home at Meadowood Dr Silver Spring MD 20904
Foreclosure
$620,828 EMV

| 3 Bath | 1,694 Sq. Ft.

View this home at Downs Dr Silver Spring MD 20904
Foreclosure
$618,057 EMV

| 3 Bath | 2,087 Sq. Ft.

Displaying 1 - 10 of 294

Silver Spring, MD Foreclosures

How much do homes sell for in Silver Spring, MD?
The average home price is currently $526,361.
In Silver Spring, MD, how many homes are available?
There are currently 75,117 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, Maryland?
The most expensive home sold in Silver Spring had a price of $6,798,669.
What is currently the cheapest priced home in Silver Spring, MD?
The cheapest home for sale in Silver Spring is priced at $27,279.

Home Value Estimator For Silver Spring, MD

There are currently 75,117 real estate properties in Silver Spring, MD, with a median automated valuation model (AVM) price of $519,244.00. 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 $526,361.00, with the most expensive house in Silver Spring, MD, topping out at $6,798,669.00 and the cheapest home in Silver Spring, MD, clocking in at $27,279.00. 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.


Top Reasons To Live In Silver Spring, MD In 2024

Silver Spring is located in Montgomery, Maryland, with an estimated municipal population of 81,773 residents. All of the best foreclosed homes for sale in Silver Spring are located in the following zip code areas on Foreclosure.com: 20910 20912 20901 20903 20907 20911 20997. The estimated population per square kilometer (.62 miles) in Silver Spring is 4,004.


Cost Of Living In Silver Spring, MD

So, about how much do homes cost in Silver Spring? The most recent median value of resident-owned homes in Silver Spring is 516,630. An estimated 35.7 percent of households in Silver Spring own their homes, with an average family size of 3.34. The median household income in Silver Spring is 83,782, with41.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Silver Spring, the median commute time of resident workers (in minutes) is 35.1. And last, but certainly not least, are you looking for homes to rent in Silver Spring? If so, the average rent price paid by renters in Silver Spring is 1,665, according to recent statistics.


Diversity And Demographics In Silver Spring, Maryland

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Silver Spring, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Silver Spring is 34.5, split between 49.1 percent male versus 50.9 female. The percentage of residents who report being married in Silver Spring is 45.1, with an average family size of 3.34.

The percentage of residents who report their race in Silver Spring is as follows:

White 39.9%
Black / African American 28.4%
Asian 7.4%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.2%
Other 19.7%

Looking for family-friendly neighborhoods in and/or near Silver Spring? Or maybe you are searching for 55+ active adult communities in and/or near Silver Spring?

The percentage of residents who report their age in Silver Spring is as follows:

Under 10 14.4%
Aged 10-19 9.8%
20s 16.6%
30s 19.2%
40s 13.6%
50s 10.7%
60s 9.1%
70s 4.8%
80+ 1.7%

Best Schools In Silver Spring, Maryland

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Silver Spring with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Silver Spring.


Pros And Cons Of Living In Silver Spring, Maryland

How do you know that living in -- or moving to -- Silver Spring is right where you need to be? Perhaps you grew up in Silver Spring or already live nearby; therefore, the decision to buy a home in Silver Spring is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Silver Spring for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Silver Spring:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Silver Spring.


Reasons To Move To Silver Spring, Maryland, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Silver Spring can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Silver Spring, meanwhile, can field multiple offers from more qualified buyers.

Silver Spring, MD Foreclosures


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