Zip 34488 (Silver Springs, FL) Housing

The housing market in 34488 Silver Springs, FL is quite impressive. The median value of homes in this area is $173,300, which is significantly lower than the US house median value of $338,100. However, while the US house appreciation rate over one year was only 8.27%, the appreciation rate of the homes in 34488 Silver Springs was 24.24%. This indicates that purchasing a home in this area would be an excellent long-term investment.

The median home cost in Silver Springs (zip 34488) is $173,300. Home appreciation the last 10 years has been 175.5%. Home Appreciation in Silver Springs (zip 34488) is up 29.3%.

Average Age of Homes

- The median age of Silver Springs (zip 34488) real estate is 33 years old

The Rental Market in Silver Springs (zip 34488)

- Renters make up 20.6% of the Silver Springs (zip 34488) population
- 0.0% of houses and apartments in Silver Springs (zip 34488), 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 Springs, Florida	United States
	6,246.0	139,647,020.0
	36	42
	$173,300	$338,100
	29.3%	16.6%
	98.0%	57.0%
	175.5%	101.1%
	$8.58	$10.98
	$746	$2,690
	54.3%	57.4%
	21.8%	11.2%
	23.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.4%	0.4%
	12.4%	3.6%
	8.2%	4.1%
Value of Owner-Occupied Housing
	18.6%	2.6%
	21.0%	2.4%
	8.6%	2.8%
	8.8%	3.9%
	5.6%	4.5%
	12.9%	11.3%
	4.1%	13.0%
	14.0%	20.1%
	3.4%	13.6%
	1.8%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	18.6%	13.6%
	18.6%	13.6%
	18.4%	13.6%
	25.5%	13.2%
	25.5%	14.8%
	18.4%	13.6%
	2.4%	10.0%
	0.0%	4.7%
	0.4%	12.2%

Reviews for Silver Springs

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DRW · Silver Springs, FL

Good Fences

Over 4 years ago

I've lived here since 1989. It is less expensive to live here, I thought it would be a good place to raise children, I was wrong. The first 10 years it was like a very More