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Foreclosures in Silver Lake, OH

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Silver Lake, OH Foreclosures

How much do homes sell for in Silver Lake, OH?
The average home price is currently $391,384.
In Silver Lake, OH, how many homes are available?
There are currently 3 active home listings available in Silver Lake.
What’s the average rental cost in Silver Lake, OH?
The average rental price in Silver Lake is $1,778.
What is the most expensive home in Silver Lake?
The most expensive home sold in Silver Lake had a price of $1,926,295.
What is currently the cheapest priced home in Silver Lake, OH?
The cheapest home for sale in Silver Lake is priced at $14,338.

Living in Silver Lake, OH

Silver Lake, OH, is a charming village that offers a peaceful, suburban lifestyle with access to parks, recreational activities, and a strong community spirit. Its proximity to major cities like Akron and Cleveland makes it a convenient place for both relaxation and vibrant urban living.

Current Market Conditions in Silver Lake, OH

The Silver Lake real estate market is currently experiencing a surge in demand, with a notable increase in home sales over the past few months. This trend suggests a healthy growth in property values as buyers are drawn to the area's natural beauty and community amenities.

Interest rates remain relatively low, further incentivizing homebuyers to invest in properties within Silver Lake. The appeal of the village's serene atmosphere combined with good schools has maintained steady interest among families looking to relocate.

Home Value Estimator For Silver Lake, OH

There are currently 1,002 real estate properties in Silver Lake, OH, with a median automated valuation model (AVM) price of $339,691.00. 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 Lake, OH, 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 Lake, OH, is $391,384.00, with the most expensive house in Silver Lake, OH, topping out at $1,926,295.00 and the cheapest home in Silver Lake, OH, clocking in at $14,338.00. In other words, there’s something for every potential homebuyer or savvy investor in Silver Lake, OH!

Rent Prices In Silver Lake, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Silver Lake, OH, is on a rollercoaster ride. The average rent price in Silver Lake, OH, is $1,778.00. Indeed, when looking to rent in Silver Lake, OH, you can expect to pay as little as $1,000.00 or as much as $2,540.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Silver Lake, OH -- 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.

Silver Lake, OH Foreclosures


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