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Is Silver Springs, NY 14550 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Silver Springs is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market11Listing to accepted offer
Median price per sq ft$428▲ +280.6% vs. last year

The Silver Springs housing market right now

In the three months ending August 31, 2026, 0% of homes in Silver Springs, NY 14550 sold above their list price and the typical home went under contract in 11 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 67%, homes sold faster (15 days then) and the median sale price rose 266% to $695,699. Overall, Silver Springs is less competitive than a year ago, which gives buyers more room.

Within Wyoming County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Cowlesville 14037 (100% sold over asking) and Java Center 14082 (100% sold over asking) are even more competitive.

Run the numbers for 14550

Prefilled for 14550Can I win this house?Multiple-offer likelihood for a listing Prefilled for 14550Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arcade 14009Seller’s market $152 /sq ftAttica 14011Balanced $174 /sq ftBliss 14024Balanced $193 /sq ftCastile 14427Seller’s market $128 /sq ft Browse all markets →

Towns like Silver Springs nearby

Find towns like Silver Springs in other states →
Scio, NY14880 · 35 miles away64% similarolder residents · newer homes Castile, NY14427 · 3 miles away53% similarVery close on income, prices and more Alfred Station, NY14803 · 33 miles away51% similarpricier homes ($30K more) · younger residents Delevan, NY14042 · 24 miles away50% similarlarger · 9 min longer commute

Where Silver Springs is

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Questions about Silver Springs real estate

How fast do homes sell in Silver Springs?

The typical home went under contract in 11 days in the latest three months.

Do homes in Silver Springs sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Silver Springs?

About 2.25% of a home’s value a year in Wyoming County, or roughly $9,000 on a $400,000 home.

What is the median home price in Silver Springs?

The median sale price was $695,699 in the three months ending August 31, 2026, about $428 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology