Silver Spring Homes under $500,000

Silver Spring Homes under $500,000

Welcome to Silver Spring, Maryland—a vibrant community that beautifully blends urban convenience with suburban charm. Nestled in Montgomery County, just a stone’s throw from Washington, D.C., Silver Spring is known for its rich history, diverse culture, and thriving arts scene. With an array of parks, restaurants, and entertainment options, it’s no wonder why families, young professionals, and retirees are drawn to this dynamic city.

One of the standout features of Silver Spring is its accessibility. With a robust public transportation system, including the Metro and bus services, commuting to the nation’s capital is a breeze. Residents enjoy easy access to the bustling downtown area, where you can find everything from eclectic shops to delicious eateries. Plus, the nearby Sligo Creek Park offers picturesque trails for outdoor enthusiasts, making it perfect for leisurely strolls or weekend picnics.

For those looking to make Silver Spring their home, you’ll be pleased to discover a variety of charming properties available for under $500,000. This price point opens the door to a range of options, from cozy condos to quaint single-family homes, allowing you to find a space that perfectly suits your lifestyle. Whether you’re searching for a modern abode with contemporary finishes or a classic home with character, Silver Spring has something for everyone.

Embrace the opportunity to live in a community that offers a rich tapestry of experiences, all while enjoying the affordability that Silver Spring provides. Your dream home awaits in this remarkable city!

Newest Silver Spring Homes under $500,000

8720 Manchester Rd Unit 5, Silver Spring
$160,000
1 Beds ⋅ 1 Baths
Welcome to 8720 Manchester Rd #5. Top-floor oasis with tranquil tree view, move-in-ready 1-bedroom, 1-bath co-op offering approximately 800 square feet, hardwood floors throughout, and a separate dining area that has tons of afternoon sunlight. The newly renovated kitchen features new cabinets, countertops, and flooring, with gas cooking. Oversized bedroom with morning sunlight. The updated bathroom has a new vanity, mirror, lighting, & fixtures. Fresh paint, new outlets and switch covers, new lighting and ceiling fans, and a new air-conditioning unit installed in 2026 complete the home. The building has benefited from major improvements, including a boiler and hot-water system replacement in 2025. A new roof, gutters and downspouts, double-pane windows, and copper plumbing, water lines in all 21 units in 2018. Residents have an assigned storage cage, a bike room, and an app-managed laundry room with two washers and two dryers. Parking is included. The monthly co-op fee covers heat, gas, electricity, water, sewer, air conditioning, trash, snow removal, maintenance, reserves, and the building’s master insurance policy. Annual property taxes of $1,133.28 are billed separately. This is an owner-occupant co-op. Sligo Creek Park and its extensive trails are nearby. Ride On bus service is nearby, and the future Manchester Place Purple Line station is under construction. Purple Line service is currently expected to begin in Winter 2027.

8720 Manchester Rd Unit 5, Silver Spring

Listing courtesy of Serhant. Contact:

1201 E West Highway Unit 237, Silver Spring
$415,000
2 Beds ⋅ 2 Baths
Welcome to 1201 East-West Hwy #237, a bright and inviting two-bedroom, two-bath condominium in the sought-after Silverton Condominium community in the heart of Downtown Silver Spring. This thoughtfully designed home offers comfortable living spaces, abundant natural light, and the convenience of **assigned garage parking located on the same level as the residence**—an especially desirable feature for everyday living. The spacious living and dining areas provide an easy flow for both relaxing and entertaining, while the kitchen offers generous cabinetry, granite countertops, stainless steel appliances, and a breakfast bar. Recent improvements add both style and peace of mind, including a **new HVAC system installed in November 2025**, new ceiling fans and overhead lighting in 2025, and a new kitchen faucet, pendant lighting, and garbage disposal in 2026. An in-unit washer and dryer add further convenience. The Silverton offers a comfortable, amenity-rich lifestyle with a monthly condominium fee that includes **water, professional property management, an outdoor swimming pool, and recreation room**. The community is also pet-friendly and provides residents with a convenient setting for enjoying all that Downtown Silver Spring has to offer. Just moments from Metro, MARC train service, restaurants, shopping, entertainment, parks, and everyday conveniences, this home offers the ideal combination of an updated interior, dedicated garage parking, community amenities, and a highly connected location. Whether you're looking for a convenient primary residence, a low-maintenance home, or an opportunity in one of Silver Spring's most accessible condominium communities, #237 is ready to welcome you home.

1201 E West Highway Unit 237, Silver Spring

Listing courtesy of Compass. Contact:

3200 N Leisure World Blvd Blvd Unit 904, Silver Spring
$285,000
2 Beds ⋅ 2 Baths
Welcome to this beautifully updated 2-bedroom, 2-bath condo on the 9th floor of the sought-after 55+ Leisure World community! This move-in-ready home offers a spacious, open layout, abundant natural light, and gorgeous treetop views. Freshly painted throughout, the home features hardwood floors in the living and dining areas, brand-new carpet in both bedrooms, and new flooring in the kitchen and bathrooms. The spacious kitchen opens to the living and separate dining areas and features Corian countertops, ample cabinetry, a new stove (2026), and a newer refrigerator. The generous living area leads to a spacious enclosed balcony, perfect for relaxing and enjoying the beautiful views year-round. The primary suite features a walk-in closet and private bath. Additional highlights include an in-unit laundry area, an oversized assigned indoor garage parking space , and a separate storage closet in the basement. Conveniently located near Clubhouse II, the community medical center, swimming pools, tennis and pickleball courts, and community garden plots. Leisure World offers resort-style living with two clubhouses, an 18-hole golf course, fitness center, indoor and outdoor pools, restaurants, walking trails, and a wide variety of clubs and social activities. Enjoy low-maintenance living and an exceptional lifestyle in this amenity-rich, gated community. Move right in and start enjoying everything Leisure World has to offer!

3200 N Leisure World Blvd Blvd Unit 904, Silver Spring

Listing courtesy of Howard Wang Realty. Contact:

3100 N Leisure World Blvd Unit 619, Silver Spring
$279,900
2 Beds ⋅ 2 Baths
Welcome to The Overlook at Leisure World, where comfort, elegance, and resort-style living come together in this beautifully refreshed 2-bedroom, 2-full-bath condominium in one of Silver Spring's most established gated 55+ communities. Step inside and discover newly installed hardwood flooring throughout, fresh interior paint, and an inviting atmosphere that feels both warm and sophisticated. Thoughtfully designed living spaces provide the perfect setting for everyday comfort and entertaining. One of this home's most captivating features is its enclosed balcony, offering picturesque views of the golf course and water. Imagine enjoying your morning coffee while taking in the peaceful scenery, relaxing with a good book, or simply unwinding while admiring the beautiful surroundings. Located in The Overlook high-rise building, this residence also includes additional storage on the P level, adding everyday convenience. Beyond your front door, discover the exceptional lifestyle that makes Leisure World so special. This amenity-rich community offers a golf course, two clubhouses, restaurants, indoor and outdoor swimming pools, tennis courts, walking paths, art and photography clubs, dance classes, gardening opportunities, and an on-site medical center. Whether you enjoy staying active, pursuing new hobbies, or connecting with neighbors, there is something for everyone. Conveniently located near grocery stores, shopping, restaurants, and public transportation, this residence offers a wonderful balance of peaceful surroundings and accessibility. **More than just a home, it's an opportunity to embrace a lifestyle of comfort, convenience, and connection. Schedule your private showing and experience everything this beautiful residence and Leisure World have to offer!** Property conveys AS-IS.

3100 N Leisure World Blvd Unit 619, Silver Spring

Listing courtesy of RLAH @properties. Contact:

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