Silver Lake Housing Market Report February 2025•Providence County, Rhode Island

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Housing Prices in Silver Lake, RI

How much do homes in Silver Lake, RI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$489,000$210/SqFt
+$63,828
+15.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Silver Lake has increased by 15% since last year.

Summary: The median home list price in Silver Lake was $489,000 in February 2025, up 15% from the previous year, and the median price per square foot was $210.

Median List Price By Neighborhoods

Median List Price By Neighborhoods
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
Hartford
+23.6%
Olneyville
+22.7%
West End
+17.6%
Silver Lake
+15.0%
West Broadway
-6.9%

Median List Price By Bedrooms

Median List 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$242.5K$269.5K
+11.1%
3$325K$364.9K
+12.3%
4$365K$391.7K
+7.3%
5$489.9K$555K
+13.3%

Summary: Silver Lake 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 +11.1%. The home price for 3 bedroom homes increased by +12.3%. The home price for 4 bedroom homes increased by +7.3%. The home price for 5 bedroom homes increased by +13.3%.

Housing supply in Silver Lake, RI

How many homes are available in Silver Lake, RI?

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
13Last MonthFeb 2025
112 months agoJan 2025
+18.2 %
Change MoMJan – Feb

Summary: The Silver Lake real estate market had 13 homes for sale in Feb 2025, a 18.2 % increase compared to Jan 2025.

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%
212
+100.0%
311
0.0%
411
0.0%
589
+12.5%

Summary: Silver Lake 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 remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +12.5%.

Days on Market for Silver Lake, RI

How long does it take to sell a home in Silver Lake, RI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
34 DaysThis YearFeb 2025
123 Days1 year agoFeb 2024
-71.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Silver Lake had an average listing age of 34 days in Feb 2025, down by 71.7% compared to the previous year.

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Newest Listings in Silver Lake, RI

What homes are available in Silver Lake, RI?

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Nearby markets

Nearby markets aren't available for Silver Lake, RI

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MLS Disclaimers and Copyright

Based on information from Rhode Island State Wide MLS, for the period 03/01/2023 - 03/01/2025

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. 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 is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/8/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.