The Silver Lakes housing market is somewhat competitive. The median sale price of a home in Silver Lakes was $681K last month, up 9.1% since last year. The median sale price per square foot in Silver Lakes is $333, up 6.9% since last year.
What is the housing market like in Silver Lakes today?
In April 2024, Silver Lakes home prices were up 9.1% compared to last year, selling for a median price of $681K. On average, homes in Silver Lakes sell after 56 days on the market compared to 67 days last year. There were 44 homes sold in April this year, up from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$681,250
+9.1% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Silver Lakes, FL
$681,250
+9.1%
United States
To compare other locations to the Silver Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Pembroke Pines add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Silver Lakes housing market?
Silver Lakes is somewhat competitive. Homes sell in 57 days.
0
100
42
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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 57 days.
Hot homes
can sell for about 1% below list price and go pending in around 35 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 Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silver Lakes.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silver Lakes has a minor risk of flooding. 22 properties in Silver Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Silver Lakes. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silver Lakes has a moderate risk of wildfire. There are 603 properties in Silver Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in Silver Lakes.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Silver Lakes has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Silver Lakes is most at risk from hurricanes. 5,455 properties in Silver Lakes have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 198 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 211 mph.