12 hours on Rocket
$5,047 Closing Credit¹
#5117304, Cyndi Kane, Listing Office: RE/MAX Crossroads Properties
Silver Lake Housing Market Report March 2025•Summit County, Ohio
Housing Prices in Silver Lake, OH
How much do homes in Silver Lake, OH cost?
Housing Market Conditions
Is Silver Lake, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Silver Lake is a Seller's Market
Difference Since March 2024
At the same time last year, Silver Lake was a Neutral Market.
Insight
Silver Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$375,000$149/SqFt
+$25,000
+7.1%
Based on all homes sold in the last 12 months
Insight
Homes in Silver Lake have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Silver Lake was $375,000 in March 2025, up 7.1% from last year, and the median price per square foot was $149.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Silver Lake | $350K | $375K | +7.1% |
| Munroe Falls | $242.4K | $256.3K | +5.7% |
| Cuyahoga Falls | $210K | $220.9K | +5.2% |
| Stow | $260K | $267.5K | +2.9% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $325K | $239.9K | -26.2% |
| 33 Bedrooms | $356.8K | $336K | -5.8% |
| 44 Bedrooms | $345.5K | $436.9K | +26.5% |
| 55+ Bedrooms | $1.3M | $425K | -67.9% |
Summary: Silver Lake housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -26.2%. The home price for 3 bedroom homes decreased by -5.8%. The home price for 4 bedroom homes increased by +26.5%. The home price for 5 bedroom homes decreased by -67.9%.
How does Silver Lake, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Silver Lake, OH
Housing supply in Silver Lake, OH
How many homes are available in Silver Lake, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthMar 2025 | ||
| 62 months agoFeb 2025 | -16.7 % Change MoMFeb – Mar |
Summary: The Silver Lake real estate market had 5 homes for sale in Mar 2025, a 16.7 % decrease compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthMar 2025 | ||
| 22 months agoFeb 2025 | -50.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 55+ Bedrooms | 1 | 1 | 0.0% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 3 | 2 | -33.3% |
Summary: Silver Lake housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Silver Lake, OH cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Silver Lake, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Silver Lake in March 2025, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Silver Lake, OH
How long does it take to sell a home in Silver Lake, OH?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Silver Lake are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 1 homes were sold in Silver Lake; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 101 DaysThis YearMar 2025 | ||
| 14 Days1 year agoMar 2024 | +621.4 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Silver Lake had an average listing age of 101 days in Mar 2025, up by 621.4% compared to the previous year.
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Newest Listings in Silver Lake, OH
What homes are available in Silver Lake, OH?
$2,968 Closing Credit¹
#5052391, Patrick R Riley, Listing Office: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Backup offers
#4505495, Brett M Walchalk, Listing Office: Russell Real Estate Services
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 04/01/2023 - 04/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.