Silverwood, MI—48760
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Silverwood, MI
As of Oct '25, the median home price in Silverwood, MI is $71,000, with a year-over-year change of -14.0%. This indicates that home prices in Silverwood, MI are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $71,000 | -14.0% |
| Single Family | $70,000 | -13.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Silverwood, MI
Silverwood, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Silverwood, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Silverwood, MI is 38. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $141,000 | -9.0% |
Listing Count | 7 | 92.0% |
| Listings as % of Homes | 0.5% | 92.0% |
Days on Market | 38 | 22.0% |
Demographics — Silverwood, MI
As of the latest ACS Survey released in 2023, Silverwood, MI has a population of 1,360, which has decreased by -3.3% over the past 5 years. Silverwood, MI is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,360 | -3.3% |
% Under 18 | 24.2% | -2.0% |
% Seniors | 22.8% | 26.0% |
% WFH | 3.2% | -31.9% |
% w/ College Degree | 13.3% | 14.7% |
As of the latest ACS Survey released in 2023, Silverwood, MI is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Silverwood, MI is black, making up 5.7% of the population. Foreign-born residents account for 0.8% of the population in Silverwood, MI, and this percentage has decreased by 27.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.4% | -1.9% |
% Black | 5.7% | 50.0% |
% Hispanic | 0.9% | -65.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.8% | -27.3% |
Mortgage and Risk — Silverwood, MI
Silverwood, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Silverwood, MI
Silverwood, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Silverwood, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $71,000 |
| Median Household Income | $59,100 |