Silver City, IA—51571
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Silver City, IA
As of Oct '25, the median home price in Silver City, IA is $303,000, with a year-over-year change of 4.4%. This indicates that home prices in Silver City, IA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $303,000 | 4.4% |
| Single Family | $303,000 | 5.9% |
| 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 — Silver City, IA
Silver City, IA 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 — Silver City, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Silver City, IA is 11. This is a decrease of -59.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 200.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $145,000 | -7.0% |
Listing Count | 2 | -25.0% |
| Listings as % of Homes | 1.1% | -25.0% |
Days on Market | 11 | -59.0% |
Demographics — Silver City, IA
As of the latest ACS Survey released in 2023, Silver City, IA has a population of 858, which has increased by 58.0% over the past 5 years. Silver City, IA is a popular place for families, as children make up 31.9% of the population. The area has a moderately educated workforce, with 30.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 858 | 58.0% |
% Under 18 | 31.9% | 16.8% |
% Seniors | 15.7% | -12.8% |
% WFH | 9.9% | 560.0% |
% w/ College Degree | 30.1% | 19.0% |
As of the latest ACS Survey released in 2023, Silver City, IA is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Silver City, IA is black, making up 4.2% of the population. Foreign-born residents account for 1.7% of the population in Silver City, IA, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.9% | -5.9% |
% Black | 4.2% | ∞% |
% Hispanic | 0.0% | N/A |
% Asian | 1.7% | 750.0% |
% Foreign Born | 1.7% | ∞% |
Mortgage and Risk — Silver City, IA
Silver City, IA 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 — Silver City, IA
Silver City, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Silver City, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $303,000 |
| Median Household Income | $92,800 |