Silverlake, WA Foreclosures
How much do homes sell for in Silverlake, WA?
The average home price is currently $447,994.
In Silverlake, WA, how many homes are available?
There are currently 1 active home listings available in Silverlake.
What’s the average rental cost in Silverlake, WA?
The average rental price in Silverlake is $1,437.
What is the most expensive home in Silverlake?
The most expensive home sold in Silverlake had a price of $1,460,552.
What is currently the cheapest priced home in Silverlake, WA?
The cheapest home for sale in Silverlake is priced at $21,567.
Living in Silverlake, WA
Silverlake, WA is a charming suburban community known for its family-friendly environment and abundant outdoor activities. Nestled in Snohomish County, this location provides a peaceful lifestyle while still being conveniently close to urban amenities. Residents appreciate easy access to quality schools, parks, and recreational opportunities.
Current Market Conditions in Silverlake, WA
The current real estate market in Silverlake is characterized by a steady increase in home values, reflective of the area's appeal to families and nature enthusiasts. As demand continues to grow, buyers are often finding themselves in competitive situations, particularly for well-maintained properties close to amenities and schools.
Trends indicate a shift toward more families moving into the area, drawn by the excellent school system, community parks, and overall quality of life. This demographic change is impacting the types of homes being built, with a noticeable increase in single-family homes and townhouses catering to modern family needs.
Home Value Estimator For Silverlake, WA
There are currently 798 real estate properties
in Silverlake, WA,
with a median automated valuation model (AVM) price
of $454,052.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Silverlake, WA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Silverlake, WA,
is $447,994.00, with the most expensive house
in Silverlake, WA, topping out
at $1,460,552.00 and the cheapest home
in Silverlake, WA,
clocking in at $21,567.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Silverlake, WA!
Rent Prices
In Silverlake, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Silverlake, WA, is on
a rollercoaster ride. The
average rent price in Silverlake, WA,
is $1,437.00. Indeed, when looking to rent in
Silverlake, WA, you can expect to pay as little
as $810.00 or as much
as $2,170.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Silverlake, WA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
