Silver Spring Real Estate

A growing and prestigious Washington DC suburb located inside the beltway, Silver Spring, Maryland provides residents with wonderful accessibility to downtown DC, the Metro, and Interstates 279 and 495. It is also close to other major cities including Baltimore and Philadelphia. Home to an estimated population of over 31,280, Silver Spring boasts safe, friendly neighborhoods, a thriving economy and excellent schools within Montgomery County. Silver Spring is bordered by Washington DC to the south, Prince George's County to the east, Howard County to the north, Rockville and Chevy Chase to the west, and Plyers Mill Road to the north-west. Silver Spring spans just 94 square miles and sits at an altitude of nearly 340 feet above sea level.

Silver Spring real estate includes a variety of home options ranging from pre-World War II homes to a spectrum of new developments. Now is the most opportune time to buy a home or invest in Silver Spring real estate. There are numerous single-family homes, condos, and townhomes for sale, many of which represent tremendous opportunities for a homebuyer, seller, or real estate investor. There is no shortage of excellent housing options in established neighborhoods, and a property remains on the market in Silver Spring for an average of only 9 weeks.

Silver Spring residents enjoy an array of recreational and cultural activities, thanks to high-end shopping, dining, and the Silver Theatre and Cultural Center. There are also several parks and recreational areas in Silver Spring, many of which include playgrounds, ball fields, basketball and tennis courts, picnic areas, trails, botanical gardens, and nature programs. Notably, Acorn Park, located in the downtown area, is the site of the original "Silver Spring" for which the town was named.

The thriving economy is largely due to the business district, where Discovery Communications houses its corporate headquarters. Silver Spring is home to a major and growing business center, helping the city rank first for employment in the state, as well as the second largest suburban employment center in the region. The median household income among Silver Spring real estate owners and residents is around $64,000 annually.

For more information on Silver Spring real estate, contact real estate professionals Craig and Nathan Dart at 301.977.2800.