Silver Hill, MD

Leaning buyer's-34.4% YoY

Housing market overview · Updated weekly

$197,500median sale price

Homes sold

2

Last 12 weeks

Days on market

159

Average pace

Active listings

13

6.5 months supply

Sale-to-list

101.0%

Above asking

The Silver Hill housing market is currently classified as a leaning buyer's with a median sale price of $197,500. Prices have fallen 34.4% compared to last year, with homes spending an average of 159 days on market, indicating 6.5 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 Hill

There are currently 13 homes listed for sale in Silver Hill, Maryland. The median listing price is $280K.

Active listings

13

Homes on market

Median list price

$280K

Avg. days on market

159

Days until sale

New this week

5

Newly listed

Price drops:30.8%of listings
Sale-to-list:101.0%

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Frequently asked questions

What is the average home price in Silver Hill?

The median home sale price in Silver Hill is $197,500, down 34.4% from last year.

How long do homes stay on market in Silver Hill?

Homes typically spend 159 days on market before going under contract.

Is Silver Hill a buyer's or seller's market?

With 6.5 months of supply, Silver Hill is currently a leaning buyer's.

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