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Silver Lake, OH
Full City Profile · Ohio · Summit County County
4.0
/5.0
A
Great
2,514
Population
1,770/sq mi density
$142,083
Median Income
$74,945 per capita
$299,500
Home Value
$351,817 Zillow
$1,696
Median Rent
13.5% income on rent
49°F
Avg Temperature
275 sunny days/yr
69
Violent Crime/100K
1,908 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$142,083 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$299,500 home value, $1,696/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
A+
Education
5.0 / 5.0
61.9% bachelor's degree or higher
Housing Overview
Median Home Value
$299,500
6% above
US avg: $281,900
Median Rent
$1,696/mo
46% above
US avg: $1,163/mo
Homeownership Rate
92.1%
41% above US avg (65.4%)
Total Housing Units
1,102
Median year built: 1955
Home Value by Source
Census Median
$299,500
Zillow (ZHVI)
$351,817
Median Sale Price
$450,000
Median List Price
$355,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.1%
Owner-Occupied
7.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$1,696/mo
Market Indicators (Redfin)
Median Days on Market
147 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$218
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
13.5%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
92.1%
Complete Housing Data
Home Values
| Census Median Value | $299,500 |
| Zillow Home Value (ZHVI) | $351,817 |
| Median Sale Price | $450,000 |
| Median List Price | $355,000 |
| Price Per Sq Ft | $218 |
Rent
| Census Median Rent | $1,696 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 147 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 50.0% |
| Homes Sold | 3 |
| Active Inventory | 2 |
| Price Per Sq Ft | $218 |
Ownership & Stock
| Owner-Occupied | 92.1% |
| Renter-Occupied | 7.9% |
| Homeownership Rate | 92.1% |
| Total Housing Units | 1,102 |
| Median Year Built | 1955 |
| Rent Burden | 13.5% |