Silver Lake, IN Housing

Silver Lake, IN is a great place to buy a home. The median value of a house in Silver Lake is 149,900, significantly lower than the US median value of 338,100. The annual appreciation rate for houses in Silver Lake also stands at 9.99%, higher than the national average of 8.27%. This makes Silver Lake an attractive location for potential buyers looking to buy into a stable market with higher rates of return on investment. With its low median prices and appealing appreciation rate, Silver Lake provides a great opportunity for those looking for an affordable and profitable housing market.

The median home cost in Silver Lake is $149,900. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Silver Lake is up 10.5%.

Average Age of Homes

- The median age of Silver Lake real estate is 66 years old

The Rental Market in Silver Lake

- Renters make up 12.7% of the Silver Lake population
- 0.0% of houses and apartments in Silver Lake, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Silver Lake, Indiana	United States
	510.0	139,647,020.0
	70	42
	$149,900	$338,100
	10.5%	16.6%
	52.1%	57.0%
	72.1%	101.1%
	$7.46	$10.98
	$650	$2,690
	57.5%	57.4%
	24.3%	11.2%
	18.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	1.4%	0.4%
	9.4%	3.6%
	12.4%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	7.5%	2.4%
	6.1%	2.8%
	24.2%	3.9%
	23.5%	4.5%
	23.9%	11.3%
	5.1%	13.0%
	3.4%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	2.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.4%	13.6%
	2.4%	13.6%
	8.0%	13.6%
	11.8%	13.2%
	4.7%	14.8%
	8.0%	13.6%
	12.2%	10.0%
	15.5%	4.7%
	33.7%	12.2%