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Featured local agent — Silver Lake, NC
Sarah Mitchell
Compass Real Estate · Silver Lake, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Silver Lake, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$360,000median sale price
How is the Silver Lake, NC housing market right now?
The median home sale price in Silver Lake, NC is $360,000, up 3.5% year-over-year. Homes sell in an average of 53 days with 23 active listings. The market is currently a leaning buyer's. (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 Lake a buyer's or seller's market?
Silver Lake, NC is currently a leaning buyer's, based on 5.8 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
53
Average pace
Active listings
23
5.8 months supply
Sale-to-list
100.4%
Above asking
What does the Silver Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $360,000 |
| Median list price | $370,000 |
| Year-over-year price change | +3.5% |
| Average days on market | 53 days |
| Active inventory | 23 listings |
| Months of supply | 5.8 months |
| Sale-to-list price ratio | 100.4% |
| Median price per sq ft | $239/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 5 |
| Listings with a price cut | 39.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Silver Lake by property type?
How the Silver Lake, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $360,000 | $239/sq ft | 4 | 53 days |
| Condo / Co-op | $190,000 | $199/sq ft | 1 | 37 days |
| Townhouse | $490,000 | $193/sq ft | 1 | 431 days |
Source: Redfin · Updated monthly
The Silver Lake housing market is currently classified as a leaning buyer's with a median sale price of $360,000. Prices have risen 3.5% compared to last year, with homes spending an average of 53 days on market, indicating 5.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Silver Lake
There are currently 23 homes listed for sale in Silver Lake, North Carolina. The median listing price is $370K.
Active listings
23
Homes on market
Median list price
$370K
Avg. days on market
53
Days until sale
New this week
5
Newly listed
Who lives in Silver Lake?
Population
6,242
Median income
$73,277/yr
Median age
42.6 years
Owner-occupied
78.6%
College grads
31.0%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Silver Lake?
Silver Lake is a community of approximately 6K residents with a median age of 42.6 years.The median household income is $73,277, which represents a working-class community with solid middle-income opportunities. 31.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 78.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Silver Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Silver Lake, NC?
Want a head-to-head view? Compare Silver Lake 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 Lake?
The median home sale price in Silver Lake is $360,000, up 3.5% from last year.
How long do homes stay on market in Silver Lake?
Homes typically spend 53 days on market before going under contract.
What is the median income in Silver Lake?
The median household income is $73,277 per year.
Is Silver Lake a buyer's or seller's market?
With 5.8 months of supply, Silver Lake is currently a leaning buyer's.
What is the median condo price in Silver Lake?
The median condo/co-op sale price in Silver Lake, NC is $190,000, compared to $360,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Silver Lake?
The median single-family home price in Silver Lake, NC is $360,000 (about $239 per square foot).
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