Homes for Sale in Silver Spring
Silver Spring, Maryland, is fast becoming one of the most desirable locations in the capitol region. If you are looking for homes for sale in Silver Spring, we have some information that may assist you in your search.
It is just a short distance, approximately 20 minutes, from Washington, D.C., making a great location for those commuting.
Things to do in Silver Spring
As you look for homes for sale in Silver Spring, you will easily recognize the charm of this peaceful D.C suburb. It is close enough to the urban environment to make easy access to the amenities desired in the city, but just far enough of the beaten path to give a welcome reprieve from the usually hustle and bustle.
Some local attractions are:
Baltimore & Ohio Railroad Station
Homes for sale in Silver Spring offer the best of both urban and suburban living with neighborhoods lined with mature trees and dotted with playgrounds and parks – all while being close to the heart of city living. Public safety is important when looking for homes for sale, as no one wants to relocate and live under threat of becoming a crime victim. The overall crime rate in Silver Spring is 26% lower than the national average, making the city safer than 37% of the cities in the United States.
Academic excellence is extremely important to the elected officials and the community in Montgomery county as half of the county’s annual budget is spent on education.
The real estate market in Silver Spring is strong and is very attractive to those looking for homes for sale in Silver Spring. In the past year, home values have increased 5.6% and is expected to increase another 3% in 2019, which is on par with the national average.
For investors looking to purchase income property, the rental market remains strong as well. Average monthly rents range between $860-$20,000 per month and there are 234 rentals in the city.
Chantilly has a population of 24, 225 people. There are 7,347 housing units with a median home value of $450,571, making homes for sale in Chantilly one of the most expensive housing market in the United States. Most of the homes for sale in Chantilly are large, single family homes. The limited rental properties fetch an average of $2,300 per month. There are currently has over 40 homes listed on the market. The average number days listed is 25.
Over a ten-year period, homes for sale in Chantilly appreciated well above the national average at 15.94%, making purchasing homes for sale in Chantilly a good investment.
The Red Line metro can be picked up at the Silver Spring station at Coleville Road and East/West Highway or at the Forest Glen station at Georgia Avenue and Forest Glen Road. Silver Spring is also serviced by a MARC Train station, which is located next to the metro station. Ride-On buses service the major and secondary roads in the neighborhoods. I-495 is in the northern part of the community.
Ronald Reagan National Airport: < 15 miles.
Washington Dulles International Airport: < 35 miles.
Baltimore Washington International Airport: < 35 miles.