Why Live in Downtown Silver Spring
Downtown Silver Spring is a vibrant neighborhood known for its nightlife, shopping, and dining, all within commuting distance of Washington, D.C. The area is pedestrian-friendly, with residents enjoying easy walks to the metro, Whole Foods, and numerous restaurants. The neighborhood's history dates back to 1840, with significant growth in the early 20th century due to the Washington trolley service. Public art projects and street musicians enhance the lively atmosphere, with notable installations like the Blumen Lumen at Georgia Ave and Colesville Road. Acorn Park and the Arts Alley offer unique outdoor spaces, while the Brigadier General Charles E. McGee Library provides community programs. Entertainment options include The Fillmore Silver Spring for live music and the AFI Silver Theatre and Cultural Center for film festivals. The Regal Majestic movie theater and the Silver Spring Outdoor Ice Skating Rink at Veterans Plaza are popular attractions. Festivals like the Spring Maker’s Market and Chalk Fest, along with a year-round farmer’s market, add to the list of things to do. Trendy condos with modern amenities and Art Deco or midcentury details are common, with new developments transforming the landscape. The neighborhood is served by highly rated schools, including Sligo Creek Elementary, Silver Spring International Middle School, and Montgomery Blair High School. Local parks like Woodside Urban Park and Ellsworth Urban Park provide green spaces, while the Silver Spring Aquatic Center offers fitness facilities. The area is safer than the national average, making it a desirable place to live.
Home Trends in Downtown Silver Spring, MD
On average, homes in Downtown Silver Spring, Silver Spring sell after 65 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Silver Spring, Silver Spring over the last 12 months is $860,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$860,000
Median Single Family Sale Price
$860,000
Average Price Per Sq Ft
$437
Number of Homes for Sale
0
Last 12 months Home Sales
336
Median List Price
$860,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%