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Silver Springs Shores, FL

Full City Profile · Florida · Marion County County

3.0 /5.0
B Good
27,556 Population 1,846/sq mi density
$60,543 Median Income $28,383 per capita
$181,800 Home Value $256,476 Zillow
$1,231 Median Rent 31.0% income on rent
71°F Avg Temperature 314 sunny days/yr
196 Violent Crime/100K 3,543 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$60,543 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$181,800 home value, $1,231/mo rent
F
Safety
1.0 / 5.0
196 violent crimes/100K
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher

Housing Overview

Median Home Value
$181,800
36% below
US avg: $281,900
Median Rent
$1,231/mo
6% above
US avg: $1,163/mo
Homeownership Rate
76.3%
17% above US avg (65.4%)
Total Housing Units
10,408
Median year built: 1993

Home Value by Source

Census Median
$181,800
Zillow (ZHVI)
$256,476
Median Sale Price
$234,444
Median List Price
$249,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.3%
Owner-Occupied
23.7%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,231/mo

Market Indicators (Redfin)

Median Days on Market
106 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
42
Price Drops
28.3%
of listings with price reduction
Price Per Sq Ft
$164
Active Inventory
219
homes for sale

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
76.3%

Complete Housing Data

Home Values

Census Median Value$181,800
Zillow Home Value (ZHVI)$256,476
Median Sale Price$234,444
Median List Price$249,999
Price Per Sq Ft$164

Rent

Census Median Rent$1,231
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market106
Sale-to-List Ratio1.0%
Price Drops28.3%
Homes Sold42
Active Inventory219
Price Per Sq Ft$164

Ownership & Stock

Owner-Occupied76.3%
Renter-Occupied23.7%
Homeownership Rate76.3%
Total Housing Units10,408
Median Year Built1993
Rent Burden31.0%