The Silver Lake North housing market is somewhat competitive. Homes in Silver Lake North receive 1 offers on average and sell in around 74 days. The median sale price of a home in Silver Lake North was $360K last month, up 21.8% since last year. The median sale price per square foot in Silver Lake North is $190, up 19.4% since last year.
What is the housing market like in Silver Lake North today?
In March 2024, Silver Lake North home prices were up 21.8% compared to last year, selling for a median price of $360K. On average, homes in Silver Lake North sell after 74 days on the market compared to 56 days last year. There were 28 homes sold in March this year, down from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$360,495
+21.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Silver Lake North, IL
$360,495
+21.8%
United States
To compare other locations to the Silver Lake North and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Orland Park add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Silver Lake North housing market?
Silver Lake North is somewhat competitive. Homes sell in 53 days.
0
100
55
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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 53 days.
Hot homes
can sell for about 3% above list price and go pending in around 28 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.5%
+1.0 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Silver Lake North, IL
99.5%
+1.0 pt
United States
Home offer insights for Silver Lake North
Explore recent offers and recently sold homes in Silver Lake North
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$175K Offer
Sold for $175K
2bd | 1.5ba | ~1,000sqft
Over List Price
0%
Days on Market
16
Competing Offers
—
Down Payment
~90%
Cesar Juarez
Silver Lake North Redfin Agent
View houses in Silver Lake North that sold recently
Homes in this area are served by the Southwest Cook Cooperative Special Education.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
NR
Prairie Elementary School
Public • PreK-2
491
Students
4 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 Lake North housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silver Lake North.
Risk Factor
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silver Lake North has a minor risk of flooding. 334 properties in Silver Lake North are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Silver Lake North. Flood risk is increasing slower than the national average.
34% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silver Lake North has a moderate risk of wildfire. There are 1,460 properties in Silver Lake North that have some risk of being affected by wildfire over the next 30 years. This represents 34% of all properties in Silver Lake North.
Silver Lake North has minimal risk of severe winds over the next 30 years
Wind Factor
Silver Lake North has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
99% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Silver Lake North has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Silver Lake North have a Moderate Heat Factor®.
Silver Lake North is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Silver Lake North is expected to experience 7