Silver Springs, FL Home Values & Market Trends
Real estate market trends reflect that there have been 285 transactions over the past year in Silver Springs. The median value for residential home transactions that occurred over the previous year is $252,784.67. The number of current listings in Silver Springs is 43, and the percentage of properties for sale in the city is 43.00%. Silver Springs, FL currently has 25 properties in foreclosure, 3 bank owned properties, 3 properties headed for auction, and 43 properties for sale.
Silver Springs, FL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 34488 | $ 171,500 $ 125/sqft |
Housing Market Summary for Silver Springs, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $154.9K | $197.8K | 27.68% |
| Median Sold Price | $225.6K | $197.8K | -12.29% |
| Homes For Sale | 34 | 40 | 17.65% |
| Homes Sold | 135 | 142 | 5.19% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Silver Springs, FL
Browse Homes in Silver Springs, FL
Silver Springs home values range from $22,690 to $34,474,393. The median estimated value of a home in Silver Springs is $252,784.67. The median list price of a home is 164,900, and the total count of properties in the city is 4,514.
- Pre-ForeclosurePre-foreclosure homes account for 0.42% of all residential properties in Silver Springs, FL with 34488 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Silver Springs, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $775,000 in 34488 to the lowest home value of $50,689 in 34488.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Silver Springs, FL ranges from the highest value of $249,453 in 34488 to the lowest value of $249,453 in 34488. Bank owned homes and properties account for 0.07% of properties in Silver Springs, FL. There is 1 zips within Silver Springs, FL; 34488 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions34488 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Silver Springs, FL. Auction homes and other auction properties account for 0.07% of all properties in Silver Springs, FL. There is 1 zips within Silver Springs, FL; of that zips, the median estimated home value for homes going to auction ranges from $194,000 in 34488 to the lowest value of $116,140 in 34488.
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Guide for Silver Springs, FL
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