Silver City Housing Market Report February 2025•Forsyth County, Georgia

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Housing Prices in Silver City, GA

How much do homes in Silver City, GA cost?

Housing Market Conditions

Is Silver City, GA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Silver City is a Seller's Market

Difference Since February 2024

Since last year, Silver City has remained a Seller's Market.

Insight

Silver City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$545,000$200/SqFt
+$24,100
+4.6%

Based on all homes sold in the last 12 months

Insight

Homes in Silver City have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Silver City was $545,000 in February 2025, up 4.6% from last year, and the median price per square foot was $200.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Silver City
+4.6%
Blacks Mill
+3.1%
Chestatee
-1.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$305K$385K
+26.2%
3$418K$405K
-3.1%
4$505.5K$533.6K
+5.6%
5$600K$655K
+9.2%

Summary: Silver City housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +26.2%. The home price for 3 bedroom homes decreased by -3.1%. The home price for 4 bedroom homes increased by +5.6%. The home price for 5 bedroom homes increased by +9.2%.

How does Silver City, GA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Silver City, GA

Housing supply in Silver City, GA

How many homes are available in Silver City, GA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
225Last MonthFeb 2025
1682 months agoJan 2025
+33.9 %
Change MoMJan – Feb

Summary: The Silver City real estate market had 225 homes for sale in Feb 2025, a 33.9 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
38Last MonthFeb 2025
202 months agoJan 2025
+90.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
224
+100.0%
33651
+41.7%
46488
+37.5%
56682
+24.2%

Summary: Silver City housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +41.7%. The inventory for 4 bedroom homes increased by +37.5%. The inventory for 5 bedroom homes increased by +24.2%.

Asking Price vs. Sold Price

How much do homes in Silver City, GA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price8 Homes

Under Asking Price26 Homes

Insight

If you're buying a home in Silver City, you may be able to get a good deal. 70.3% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Silver City in February 2025, up by 90.0% month-over-month. Of the 37 sold homes, 70% were sold under asking, 22% were sold at asking, and and 8% were sold over asking.

Days on Market for Silver City, GA

How long does it take to sell a home in Silver City, GA?

Breakdown of Home Sale Times

Under 30 Days20 Homes

30 – 90 Days15 Homes

Over 90 Days3 Homes

Insight

Many homes in Silver City are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 38 homes were sold in Silver City; 53% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
42 DaysThis YearFeb 2025
29 Days1 year agoFeb 2024
+45.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Silver City had an average listing age of 42 days in Feb 2025, up by 45.7% compared to the previous year.

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Newest Listings in Silver City, GA

What homes are available in Silver City, GA?

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MLS Disclaimers and Copyright

Based on information from First Multiple Listing Service Inc., Georgia MLS, and Northeast Georgia MLS for the period 03/01/2023 - 03/01/2025

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Northeast Georgia Board of REALTORS ® Multiple Listing Service. © Copyright 2025. All rights reserved. This information is being provided for the consumers' personal, use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily; however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.