Silverspring is a residential neighbourhood located in northeast Saskatoon, Saskatchewan, Canada. It is a suburban subdivision, composed mostly of low-density, single detached houses. As of 2007, the area is home to 4,936 residents. The neighbourhood is considered a high income area, with an average family income of $85,084, an average dwelling value of $322,670 and a home ownership rate of 97.8%.According to MLS data, the average sale price of a home as of 2013 was $407,171.