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Fairland Heights Pennywood Estates

SILVER SPRING, MD 20905

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 20905

Fairland Heights · Pennywood Estates

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SILVER SPRING, MD real estate market (20905) currently shows 27 active listings, with 12 pending sales. Homes are averaging 12 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 12 days on market compared to 14 days last year.

The median listing price has risen 7.9% year-over-year, from $722,500 to $779,225.

Whether you are buying or selling in SILVER SPRING, MD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,451  ·  Density: 571.7/mi²  ·  Median household income: $142,929

Typical home value: $617,956  ·  Homeownership: 87.3%

Market Overview

Active Listings
27
⇧ 28.6% vs 21 last year
Pending
12
44% pending ratio
Median Price
$779,225
⇧ 7.9% vs $722,500 last year
Average Price
$767,103
⇩ 13.2% vs $883,350 last year
Days on Market
12
⇩ 14.3% vs 14 days last year

Price Per Square Foot

Median $/sqft
$244
⇩ 8.6% vs $267/sqft last year
Median Home Size
3,175 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 21 last year
  • Days on market: 12 now vs 14 last year

Median & Average Pricing

Year over Year
  • Median: $779,225 (+7.9% YoY)
  • Average: $767,103 (-13.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.8 miles — 538 listings ($341,406,946 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20905Silver Spring, MD 209050.0 mi16$11,654,608$708,750$728,413
20861Ashton, MD 208612.5 mi5$5,758,085$1,068,000$1,151,617
20904Silver Spring, MD 209043.1 mi67$36,334,904$507,500$542,312
20906Silver Spring, MD 209063.8 mi181$67,476,800$262,475$372,800
20777Highland, MD 207774.6 mi9$15,649,182$1,512,500$1,738,798
20832Olney, MD 208325.3 mi40$24,383,920$562,250$609,598
20853Rockville, MD 208535.6 mi33$24,116,103$609,995$730,791
20903Silver Spring, MD 209036.2 mi17$5,569,931$214,500$327,643
20705Beltsville, MD 207056.6 mi50$18,582,450$387,222$371,649
21029Clarksville, MD 210296.9 mi34$47,589,018$1,037,450$1,399,677
20895Kensington, MD 208957.4 mi50$57,771,900$1,073,725$1,155,438
20896Garrett Park, MD 208967.7 mi1$907,500$907,500$907,500
20855Derwood, MD 208557.8 mi35$25,612,545$630,225$731,787

Frequently Asked Questions

How many homes are for sale in SILVER SPRING, MD 20905?

As of March 2026, there are 27 active listings in SILVER SPRING, MD (zip code 20905), compared to 21 the prior year.

What is the median home price in SILVER SPRING, MD 20905?

The median listing price in SILVER SPRING, MD 20905 is $779,225 as of March 2026, a 7.9% increase from $722,500 the prior year.

How long do homes stay on the market in SILVER SPRING, MD?

Homes in SILVER SPRING, MD 20905 spend an average of 12 days on the market before going under contract, compared to 14 days the prior year.

Is it a seller's or buyer's market in SILVER SPRING, MD 20905?

Based on current inventory and days-on-market data as of March 2026, SILVER SPRING, MD 20905 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 12 days on market compared to 14 days last year.

How much can I save on real estate commission in SILVER SPRING, MD?

With SELL123.com's maximum 3% commission, sellers in SILVER SPRING, MD 20905 save an estimated $15,585 compared to a typical 5% commission on the median listing price of $779,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.