Silver Lake

Tucked within Summit County, this small residential community of 2,514 residents carries a notably high owner-occupied rate of 92.1%, reflecting the stability and long-term commitment typical of its buyer pool. With a median household income of $142,083, the local economy supports a housing market where the median home price sits at $625,000 and the average home spans 3,651 square feet — translating to a price per square foot of $182. That combination points to generously sized properties at a relatively measured cost per foot given the income profile of the area. Current inventory is extremely limited, with only three active listings on the market, meaning buyers face a constrained selection and sellers hold considerable leverage. Homes fall within the Cuyahoga Falls City School District. The low turnover and tight inventory suggest that properties here trade infrequently, making new listings noteworthy events in an otherwise quiet but high-value market.

Market description generated from current MLS and U.S. Census data.