Silver Spring Real Estate | MD
Real Estate Statistics
| Average Price | $545K |
|---|---|
| Lowest Price | $15K |
| Highest Price | $6.5M |
| Total Listings | 581 |
| Avg. Days On Market | 67 |
| Avg. Price/SQFT | $288 |
Property Types (active listings)
Silver Spring Features & Amenities
In Silver Spring great food and drink can be found at Pacci’s Neapolitan Pizzeria, Mandalay Restaurant & Cafe, Cubano’s, and The Classics; and wine and cider tastings at Great Shoals Winery. Afterward (or beforehand) residents can enjoy various forms of entertainment at AFI Silver Theater & Cultural Center as well as The Fillmore. Daytime outings might include the Downtown Silver Spring Market (Saturday mornings), Wheaton Regional Park, and a visit to The Hand.
Silver Spring Property Values
Housing options in the sizeable suburb of Silver Spring are a solid mix of single-family and multi-family dwellings. In addition to townhouses, an eclectic mix of detached houses include contemporaries, internationals, multiple styles of Colonials, split-levels, Tudors, farmhouses, ramblers, Cape Cods, bungalows, foursquares and Greek Revivals. High-rise and garden style condominiums abound throughout Silver Spring.
Silver Spring History
Silver Spring is a beautifully vibrant area just north of Washington DC. The area had been a traveling ground and eventually a permanent home for American Indians prior to European settlement. Though the area was known and utilized by the English since the days of John Smith, it was not until 1840 that the community that exists there today really began to take shape. It was then that Francis Preston Blair and his daughter, Elizabeth discovered a beautiful natural spring flecked with pieces of shiny mica. Within the next few years Blair had constructed a mansion nearby which he named Silver Spring. Not long thereafter, during the American Civil War, the house became a common site for Abraham Lincoln to visit and recuperate. In this we can truly see that war as a battle amongst brothers, as Elizabeth Blair had recently married into the family of Confederate commander, Robert E. Lee.
A pair of brothers of the Blair-Lee dynasty are responsible for the early 20th-Century development of Silver Spring. With the introduction of trolley lines and suitable thoroughfares for the increasingly popular automobile came an influx of delighted residents. They were encouraged to stay and grow as a community by the large retail presence that came with them, including Hecht’s, JC Penney, and Sears, Roebuck & Company.
Silver Spring has seen a number of ups and downs including the relocation of those department stores as well as the construction of Silver Spring Metro Station, providing quick, easy access into the District, and finally a round of redevelopment and revitalization over the past decade that has led Silver Spring to become once more an incredibly attractive place to live.
Silver Spring Transportation & Location.
Silver Spring is serviced by the Silver Spring and Forest Glen Metro Stations on the Red Line, along with numerous bus lines. Georgia Avenue and Columbia Pike (US-29) both provide convenient access into the District, and Capital Beltway (I-495) gets residents to Northern Virginia and other parts of Maryland while circumventing DC altogether.
Silver Spring is bounded by University Blvd W and Capital Beltway to the north, Rock Creek to the west, DC and Takoma Park to the south, and New Hampshire Ave to the east.
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