Zip 14550 (Silver Springs, NY) Housing

Housing in 14550 Silver Springs, NY has a median value of $144,300, which is significantly lower than the US House Median Value of $338,100. Despite this difference, the 1 year house appreciation rate in 14550 Silver Springs is 14.78%, which is much higher than the US House Appreciation rate of 8.27%. This high level of house appreciation indicates that housing values in 14550 Silver Springs are likely to continue to rise over time and may eventually catch up to or surpass national averages.

The median home cost in Silver Springs (zip 14550) is $144,300. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Silver Springs (zip 14550) is up 15.3%.

Average Age of Homes

- The median age of Silver Springs (zip 14550) real estate is 76 years old

The Rental Market in Silver Springs (zip 14550)

- Renters make up 13.2% of the Silver Springs (zip 14550) population
- 1.4% of houses and apartments in Silver Springs (zip 14550), 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, New York	United States
	659.0	139,647,020.0
	64	42
	$144,300	$338,100
	15.3%	16.6%
	52.6%	57.0%
	68.7%	101.1%
	$26.67	$10.98
	$2,510	$2,690
	67.5%	57.4%
	12.4%	11.2%
	20.0%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	8.0%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	5.2%	2.6%
	6.5%	2.4%
	10.6%	2.8%
	17.8%	3.9%
	14.4%	4.5%
	15.1%	11.3%
	17.1%	13.0%
	9.2%	20.1%
	0.7%	13.6%
	1.1%	8.3%
	0.0%	9.7%
	2.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.3%	13.6%
	9.3%	13.6%
	11.1%	13.6%
	5.8%	13.2%
	13.8%	14.8%
	11.1%	13.6%
	8.8%	10.0%
	3.3%	4.7%
	40.7%	12.2%

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