Is Silver Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Silver Lake was a Seller's Market.
Housing Prices in Silver Lake, WI
How much do homes in Silver Lake, WI cost?
Median Sold Price
$315,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Silver Lake was $315,000 in May 2024, up 15.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $234.5K | $199K | -15.1% |
3 Bedrooms | $251.9K | $325K | +29.0% |
4 Bedrooms | $361.2K | $317.5K | -12.1% |
5+ Bedrooms | $313K | $200K | -36.1% |
Summary: Silver Lake housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.1%, 3 bedroom homes increased by 29%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 36.1%.
Housing Supply in Silver Lake, WI
How many homes are available in Silver Lake, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Summary: The Silver Lake real estate market had 6 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Silver Lake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Silver Lake in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Silver Lake, WI
We’re sorry, we don't have information for this market at the moment