The Silvermine housing market is somewhat competitive. The median sale price of a home in Silvermine was $1.2M last month, down 16.3% since last year. The median sale price per square foot in Silvermine is $435, down 17.4% since last year.
What is the housing market like in Silvermine today?
In October 2024, Silvermine home prices were down 16.3% compared to last year, selling for a median price of $1.2M. On average, homes in Silvermine sell after 36 days on the market compared to 34 days last year. There were 14 homes sold in October this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,160,000
-16.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Silvermine, CT
$1,160,000
-16.3%
United States
To compare other locations to the Silvermine and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norwalk add value to a home.
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How hot is the Silvermine housing market?
Silvermine is somewhat competitive. Homes sell in 27.5 days.
0
100
62
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 about 6% above list price and go pending in around 28 days.
Hot homes
can sell for about 13% above list price and go pending in around 19 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
104.6%
-1.3 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 Silvermine housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silvermine.
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silvermine has a minor risk of flooding. 264 properties in Silvermine are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Silvermine. Flood risk is increasing slower than the national average.
40% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silvermine has a moderate risk of wildfire. There are 691 properties in Silvermine that have some risk of being affected by wildfire over the next 30 years. This represents 40% of all properties in Silvermine.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Silvermine has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Silvermine is most at risk from hurricanes. 1,702 properties in Silvermine 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 92 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 105 mph.