The Silver Hill housing market is somewhat competitive. The median sale price of a home in Silver Hill was $281K last month, up 84.8% since last year. The median sale price per square foot in Silver Hill is $159, down 15.0% since last year.
What is the housing market like in Silver Hill today?
In March 2024, Silver Hill home prices were up 84.8% compared to last year, selling for a median price of $281K. On average, homes in Silver Hill sell after 102 days on the market compared to 131 days last year. There were 4 homes sold in March this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$280,950
+84.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Silver Hill, MD
$280,950
+84.8%
United States
To compare other locations to the Silver Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Silver Hill add value to a home.
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How hot is the Silver Hill housing market?
Silver Hill is somewhat competitive. Homes sell in 47 days.
0
100
66
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 47 days.
Hot homes
can sell for about 3% above list price and go pending in around 19 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.
Home offer insights for Silver Hill
Explore recent offers and recently sold homes in Silver Hill
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
3/10
Overlook Elementary School
Public • PreK-5 • Choice school
287
Students
15 reviews
2/10
William Beanes Elementary School
Public • PreK-5
482
Students
7 reviews
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 Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silver Hill.
Risk Factor
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silver Hill has a moderate risk of flooding. 85 properties in Silver Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Silver Hill. Flood risk is increasing slower than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silver Hill has a moderate risk of wildfire. There are 103 properties in Silver Hill that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in Silver Hill.
97% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Silver Hill has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Silver Hill is most at risk from hurricanes. 644 properties in Silver Hill 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 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.