Housing in Silver Lake, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$351,500

Median List Price

$400,000

Price Per Sq Ft

$244

Days on Market

60

Active Inventory

21

Months of Supply

3.5

Seller's market

Price Trends

Source: Redfin
Sale Price 4.1%List Price 21.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

11.1%

Sale-to-List Ratio

98.8%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
11.1%
Listings with Price Drops
9.5%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

10

Pending Sales

9

Homes Sold 53.8%New Listings 9.1%Pending 25.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$244

Median List $/SF

$262

Sale $/SF 2.0%List $/SF 18.0%Mar 24Jan 26

Silver Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Silver Lake is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$287,500

Median Rent

$1,289

Total Housing Units

2,754

Vacancy Rate

2.9%

Owner Occupied

78.6%

Renter Occupied

21.4%

Median Property Tax

$1,437

per year

Monthly Cost (w/ Mortgage)

$913

Housing Types

Single Family
87.8%
Multi-Family
0.9%
Mobile Home
11.4%

The current median sale price in Silver Lake, NC is $351,500 according to Redfin data. Homes spend a median of 60 days on the market. 16.7% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $244. The median rent is $1,289 per month (Census ACS). About 78.6% of housing units are owner-occupied. The median year homes were built is 1995. There are 2,754 total housing units.