The Silver Valley housing market is somewhat competitive. The median sale price of a home in Silver Valley was $303K last month, up 6.4% since last year. The median sale price per square foot in Silver Valley is $174, up 1.2% since last year.
What is the housing market like in Silver Valley today?
In October 2024, Silver Valley home prices were up 6.4% compared to last year, selling for a median price of $303K. On average, homes in Silver Valley sell after 59 days on the market compared to 59 days last year. There were 6 homes sold in October this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$303,250
+6.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Silver Valley, SD
$303,250
+6.4%
United States
To compare other locations to the Silver Valley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Sioux Falls add value to a home.
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How hot is the Silver Valley housing market?
Silver Valley is somewhat competitive. Homes sell in 51 days.
0
100
53
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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 40 days.
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 Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silver Valley.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silver Valley has a minor risk of flooding. 27 properties in Silver Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Silver Valley. Flood risk is increasing faster than the national average.
93% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silver Valley has a moderate risk of wildfire. There are 632 properties in Silver Valley that have some risk of being affected by wildfire over the next 30 years. This represents 93% of all properties in Silver Valley.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Silver Valley has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Silver Valley is most at risk from tornadoes. 673 properties in Silver Valley have some risk of being in a severe wind event within the next 30 years.