All Countries
Silver Lake, NC
Full City Profile · North Carolina · New Hanover County County
3.3
/5.0
B
Good
6,242
Population
2,527/sq mi density
$73,277
Median Income
$38,044 per capita
$287,500
Home Value
$408,845 Zillow
$1,289
Median Rent
39.6% income on rent
64°F
Avg Temperature
302 sunny days/yr
675
Violent Crime/100K
4,560 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$73,277 median income, 2.5% unemployment
A
Affordability
4.5 / 5.0
$287,500 home value, $1,289/mo rent
F
Safety
1.0 / 5.0
675 violent crimes/100K (78% above avg)
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher
Housing Overview
Median Home Value
$287,500
2% above
US avg: $281,900
Median Rent
$1,289/mo
11% above
US avg: $1,163/mo
Homeownership Rate
78.6%
20% above US avg (65.4%)
Total Housing Units
2,646
Median year built: 1994
Home Value by Source
Census Median
$287,500
Zillow (ZHVI)
$408,845
Median Sale Price
$349,000
Median List Price
$650,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.6%
Owner-Occupied
21.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$1,289/mo
Market Indicators (Redfin)
Median Days on Market
120 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
36.8%
of listings with price reduction
Price Per Sq Ft
$263
Active Inventory
19
homes for sale
Affordability & Housing Stock
Rent Burden
39.6%
of renters spending 30%+ of income on housing
28% above US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
78.6%
Complete Housing Data
Home Values
| Census Median Value | $287,500 |
| Zillow Home Value (ZHVI) | $408,845 |
| Median Sale Price | $349,000 |
| Median List Price | $650,000 |
| Price Per Sq Ft | $263 |
Rent
| Census Median Rent | $1,289 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 120 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 36.8% |
| Homes Sold | 7 |
| Active Inventory | 19 |
| Price Per Sq Ft | $263 |
Ownership & Stock
| Owner-Occupied | 78.6% |
| Renter-Occupied | 21.4% |
| Homeownership Rate | 78.6% |
| Total Housing Units | 2,646 |
| Median Year Built | 1994 |
| Rent Burden | 39.6% |