Silver Lake, Oregon has a median housing value of $190,900 which is significantly lower than the US median of $338,100. However, the one year appreciation rate for homes in Silver Lake is 9.53%, higher than the US average of 8.27%. This indicates that Silver Lake is a promising location for homeowners looking to invest in real estate. With its beautiful landscape nestled between two mountain ranges and plenty of outdoor activities to enjoy, it's no wonder that more people are discovering this rural Oregon town as an attractive option for their next home.
The median home cost in Silver Lake (zip 97638) is $190,900. Home appreciation the last 10 years has been 126.0%. Home Appreciation in Silver Lake (zip 97638) is up 16.0%.
Average Age of Homes
- The median age of Silver Lake (zip 97638) real estate is 28 years old
The Rental Market in Silver Lake (zip 97638)
- Renters make up 24.6% of the Silver Lake (zip 97638) population
- 7.1% of houses and apartments in Silver Lake (zip 97638), 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.