Is Silver Lake, WI 53170 a buyer’s or seller’s market?
Silver Lake is a seller’s market. With about 0.9 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Silver Lake housing market right now
In the three months ending August 31, 2026, 36% of homes in Silver Lake, WI 53170 sold above their list price, the typical home went under contract in 34 days and there were 0.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (37 days then) and the median sale price fell 6% to $372,339. Overall, Silver Lake is more competitive than a year ago, so tougher for buyers.
Within Kenosha County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in 89%.
Nearby, buyers who want less competition could look at Twin Lakes 53181 (30% sold over asking), while Kenosha 53142 (56% sold over asking) and Kenosha 53144 (53% sold over asking) are even more competitive.
Run the numbers for 53170
Nearby markets
Bristol 53104Seller’s market $226 /sq ftKenosha 53140Seller’s market $190 /sq ftKenosha 53142Seller’s market $202 /sq ftKenosha 53143Seller’s market $184 /sq ft Browse all markets →Towns like Silver Lake nearby
Find towns like Silver Lake in other states →Where Silver Lake is
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Questions about Silver Lake real estate
Is Silver Lake a buyer’s or seller’s market?
A seller’s market: there were 0.9 months of supply in Silver Lake, WI 53170 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Silver Lake?
The typical home went under contract in 34 days in the latest three months.
Do homes in Silver Lake sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What are property taxes in Silver Lake?
About 1.57% of a home’s value a year in Kenosha County, or roughly $6,280 on a $400,000 home.
What is the median home price in Silver Lake?
The median sale price was $372,339 in the three months ending August 31, 2026, about $237 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