The Silver Terrace housing market is very competitive. The median sale price of a home in Silver Terrace was $1.2M last month, up 22.7% since last year. The median sale price per square foot in Silver Terrace is $725, up 10.7% since last year.
What is the housing market like in Silver Terrace today?
In March 2024, Silver Terrace home prices were up 22.7% compared to last year, selling for a median price of $1.2M. On average, homes in Silver Terrace sell after 29 days on the market compared to 69 days last year. There were 4 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,190,000
+22.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Silver Terrace, CA
$1,190,000
+22.7%
United States
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How hot is the Silver Terrace housing market?
Silver Terrace is very competitive. Homes sell in 22 days.
0
100
86
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 8% above list price and go pending in around 22 days.
Hot homes
can sell for about 19% above list price and go pending in around 13 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
1/10
Drew (charles) College Preparatory Academy
Public • K-5 • Choice school
199
Students
6 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 Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silver Terrace.
Risk Factor
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silver Terrace has a minor risk of flooding. 1 properties in Silver Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Silver Terrace. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silver Terrace has a moderate risk of wildfire. There are 19 properties in Silver Terrace that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Silver Terrace.
Silver Terrace has minimal risk of severe winds over the next 30 years
Wind Factor
Silver Terrace has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.