Housing in Silver Lake, FL is a great investment opportunity. The median value of housing in the area is $288,700, which is slightly lower than the US House median value of $338,100. Despite this discrepancy, Silver Lake homes have had an impressive appreciation rate in the past year of 24.20%, far outpacing the 1 year house appreciation rate nationwide of 8.27%. This means that people investing in SILver Lake real estate can expect to see significant returns on their investments in the near future.
The median home cost in Silver Lake is $288,700. Home appreciation the last 10 years has been 209.1%. Home Appreciation in Silver Lake is up 29.6%.
Average Age of Homes
- The median age of Silver Lake real estate is 29 years old
The Rental Market in Silver Lake
- Renters make up 19.7% 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.