Silver Lake, OH housing market
The typical Silver Lake home is worth about $370,000, up 5.5% in a year, 49% above the Ohio typical home.
Home values, sales, trends and how Silver Lake compares with the towns next door — updated as new data is published.
Silver Lake at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Silver Lake | Ohio |
|---|---|---|
| 2017 | $214,000 | $133,000 |
| 2018 | $227,000 | $141,000 |
| 2019 | $239,000 | $150,000 |
| 2020 | $248,000 | $158,000 |
| 2021 | $267,000 | $178,000 |
| 2022 | $298,000 | $195,000 |
| 2023 | $315,000 | $211,000 |
| 2024 | $328,000 | $224,000 |
| 2025 | $343,000 | $237,000 |
| 2026 | $364,000 | $245,000 |
| August 2026 | $370,000 | $249,000 |
Silver Lake and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Silver Lake | $370K | +5.5% | $1,500 | — | $139,934 |
| Cuyahoga Falls | $221K | +4.2% | $1,350 | — | $72,705 |
| Stow | $292K | +2.8% | $1,500 | 54 | $93,727 |
2.6 years of income
The typical Silver Lake home costs about 2.6 years of the town's median household income, less than across Ohio (3.5 years).
How Silver Lake ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,500
HUD's Fair Market Rent for a two-bedroom in Silver Lake is $1,500 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 13% of the town's median household income.
Studio $1,070 · 4 bedrooms $1,990
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44224; Akron, OH MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.