Silver Lake Home Prices & Values

$300,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 9.3% 1-year change
  • 6.2% 1-year forecast

The median home value in Silver Lake is $300,300. Silver Lake home values have gone up 9.3% over the past year and Zillow predicts they will rise 6.2% within the next year. The median list price per square foot in Silver Lake is $178, which is higher than the Everett average of $166. The median price of homes currently listed in Silver Lake is $314,900 while the median price of homes that sold is $265,000.

Foreclosures will be a factor impacting home values in the next several years. In Silver Lake 10.0 homes are foreclosed (per 10,000). This is lower than the Everett value of 10.4 and also greater than the national value of 4.4

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Relative ZHVI
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Silver Lake Market Overview

Data through Jul 31, 2014
  • $300,300 ZHVI
  • 6.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $314,900 Median listing price
  • No recent data Median sale price
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Silver Lake Market Health

Data through Jul 31, 2014
  • 7.2/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

10 homes Silver Lake
10.4 homes Everett
4.4 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Martha Lake $356,900 View Ridge-Madison $266,900 Everett Mall South $258,900
Cascade View $255,100 Holly $250,400 Evergreen $244,300
Glacier View $239,400 Pinehurst $229,000 Westmont $140,200

Listings & Sales

Data through Jul 31, 2014
  • $178 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 32.6% Listings with price cut
69.2%
Sold below listing
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Silver Lake Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,700 Silver Lake
$1,518 Everett
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $1.33 Rent list price / sq ft
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