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Featured local agent — Silver Lakes, CA
Sarah Mitchell
Compass Real Estate · Silver Lakes, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Silver Lakes, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$447,500median sale price
How is the Silver Lakes, CA housing market right now?
The median home sale price in Silver Lakes, CA is $447,500, up 16.2% year-over-year. Homes sell in an average of 29 days with 60 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Silver Lakes a buyer's or seller's market?
Silver Lakes, CA is currently a balanced market, based on 5.0 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
29
Average pace
Active listings
60
5.0 months supply
Sale-to-list
99.0%
Below asking
What does the Silver Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $447,500 |
| Median list price | $389,500 |
| Year-over-year price change | +16.2% |
| Average days on market | 29 days |
| Active inventory | 60 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $201/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 22 |
| Listings with a price cut | 18.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Silver Lakes by property type?
How the Silver Lakes, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $455,000 | $201/sq ft | 11 | 31 days |
| Condo / Co-op | $210,000 | $146/sq ft | 1 | 2 days |
| Townhouse | $255,000 | $239/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Silver Lakes housing market is currently classified as a balanced market with a median sale price of $447,500. Prices have risen 16.2% compared to last year, with homes spending an average of 29 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Silver Lakes
There are currently 60 homes listed for sale in Silver Lakes, California. The median listing price is $390K.
Active listings
60
Homes on market
Median list price
$390K
Avg. days on market
29
Days until sale
New this week
22
Newly listed
Who lives in Silver Lakes?
Population
5,789
Median income
$111,857/yr
Median age
39.4 years
Owner-occupied
87.5%
College grads
24.5%
Avg commute
40.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Silver Lakes?
Silver Lakes is a community of approximately 6K residents with a median age of 39.4 years.The median household income is $111,857, which reflects a relatively affluent area with strong earning potential. 24.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 87.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 40.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Silver Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Silver Lakes, CA?
Want a head-to-head view? Compare Silver Lakes side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Silver Lakes?
The median home sale price in Silver Lakes is $447,500, up 16.2% from last year.
How long do homes stay on market in Silver Lakes?
Homes typically spend 29 days on market before going under contract.
What is the median income in Silver Lakes?
The median household income is $111,857 per year.
Is Silver Lakes a buyer's or seller's market?
With 5.0 months of supply, Silver Lakes is currently a balanced market.
What is the median condo price in Silver Lakes?
The median condo/co-op sale price in Silver Lakes, CA is $210,000, compared to $455,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Silver Lakes?
The median single-family home price in Silver Lakes, CA is $455,000 (about $201 per square foot).
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