Is Silver City, NV 89428 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Silver City 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-list83.3%Sold price ÷ list price
Median days on market8Listing to accepted offer
Median price per sq ft$207

The Silver City housing market right now

In the three months ending August 31, 2026, 0% of homes in Silver City, NV 89428 sold above their list price and the typical home went under contract in 8 days. With only 1 sale, these figures can swing a lot from month to month.

Within Lyon County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Silver Springs 89429 (40% sold over asking) and Dayton 89403 (25% sold over asking) are even more competitive.

Nearby markets

Dayton 89403Seller’s market $258 /sq ftSilver Springs 89429Seller’s market $278 /sq ftSmith 89430 $363 /sq ftWellington 89444Seller’s market $283 /sq ft Browse all markets →

Where Silver City is

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Questions about Silver City real estate

How fast do homes sell in Silver City?

The typical home went under contract in 8 days in the latest three months.

Do homes in Silver City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 83.3% of the list price.

What are property taxes in Silver City?

About 0.46% of a home’s value a year in Lyon County, or roughly $1,840 on a $400,000 home.

What is the median home price in Silver City?

The median sale price was $249,892 in the three months ending August 31, 2026, about $207 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