The Silver Lake housing market is very competitive. The median sale price of a home in Silver Lake was $375K last month, up 13.1% since last year. The median sale price per square foot in Silver Lake is $250, up 10.4% since last year.
What is the housing market like in Silver Lake today?
In April 2025, Silver Lake home prices were up 13.1% compared to last year, selling for a median price of $375K. On average, homes in Silver Lake sell after 12 days on the market compared to 39 days last year. There were 11 homes sold in April this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
+13.1% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Silver Lake, NC
$375,000
+13.1%
United States
To compare other locations to the Silver Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Silver Lake add value to a home.
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How hot is the Silver Lake housing market?
Silver Lake is very competitive. Homes sell in 16.5 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 17 days.
Hot homes
can sell for around list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Silver Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silver Lake.
Flood Factor - Moderate
37% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silver Lake has a moderate risk of flooding. 527 properties in Silver Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 37% of all properties in Silver Lake. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silver Lake has a major risk of wildfire. There are 2,600 properties in Silver Lake that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Silver Lake.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Silver Lake has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Silver Lake is most at risk from hurricanes. 2,601 properties in Silver Lake have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 141 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 154 mph.