Silver City, NV Foreclosures
How much do homes sell for in Silver City, NV?
The average home price is currently $274,848.
What’s the average rental cost in Silver City, NV?
The average rental price in Silver City is $1,555.
What is the most expensive home in Silver City?
The most expensive home sold in Silver City had a price of $772,240.
What is currently the cheapest priced home in Silver City, NV?
The cheapest home for sale in Silver City is priced at $12,229.
Living in Silver City, NV
Silver City, NV is a historic small town nestled in the beautiful Virginia Mountains. Known for its quiet atmosphere and outdoor activities, it offers a unique lifestyle amidst stunning natural landscapes. The community is close-knit, with local events that foster neighborly interaction, while also being conveniently located near larger urban areas.
Current Market Conditions in Silver City, NV
The real estate market in Silver City is stable, characterized by an increasing interest from buyers looking for properties that combine charm and history. Single-family homes dominate the market, with a range of styles that reflect the town's mining heritage. Increasing visibility of the area among retirees and those seeking vacation homes has also contributed to growth.
Current trends show an uptick in property values, driven by demand. Buyers appreciate the unique character of the homes available, as well as the natural beauty and tranquility of the area, which are appealing features for long-term investment.
Home Value Estimator For Silver City, NV
There are currently 75 real estate properties
in Silver City, NV,
with a median automated valuation model (AVM) price
of $230,313.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Silver City, NV, 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 Silver City, NV,
is $274,848.00, with the most expensive house
in Silver City, NV, topping out
at $772,240.00 and the cheapest home
in Silver City, NV,
clocking in at $12,229.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Silver City, NV!
Rent Prices
In Silver City, NV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Silver City, NV, is on
a rollercoaster ride. The
average rent price in Silver City, NV,
is $1,555.00. Indeed, when looking to rent in
Silver City, NV, you can expect to pay as little
as $620.00 or as much
as $2,780.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Silver City, NV
-- 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.