Home prices
The value of the median home in Silver Lake is $159,100. This is about $57,720 (56%) higher in comparison to its surrounding areas.It is roughly $58,400 (26%) lower in comparison to the country as a whole, and compared to the city of Kansas City is roughly $4,500 (2%) higher.
Rents
Silver Lake's median monthly rent is $687. Compared to the surrounding areas this is approximately $151 (18%) lower.It is about $375 (35%) lower in comparison to the country as a whole, and in comparison to the city of Kansas City is roughly $254 (26%) lower.
Nearby places
Willard
Willard is roughly 4 miles west from Silver Lake. The real estate prices there are substantially less expensive. The median home in Willard is valued at $80,000, which comes out to $79,100 (98%) lower than Silver Lake. Rents there are a little more expensive. In Willard the median rent is $788 per month, which comes out to $101 (12%) higher than Silver Lake.
Rossville
Rossville is approximately 4 miles northwest from Silver Lake. Its housing prices are significantly less expensive. The median home in Rossville is valued at $104,200, which is $54,900 (52%) lower than Silver Lake. Its rents are a bit more expensive. In Rossville the median rent is $863 per month, which is $176 (20%) higher than Silver Lake.
Maple Hill
Maple Hill is approximately 8 miles west from Silver Lake. The real estate prices there are pretty similar. The median home in Maple Hill costs $151,600, which works out to $7,500 (4%) lower than Silver Lake. Rents there are significantly more expensive. Maple Hill's median rent is $1,050 a month, which works out to $363 (34%) higher than Silver Lake.
Topeka
Topeka is roughly 8 miles southeast of Silver Lake. Real estate prices there are substantially less expensive. The median home value in Topeka is $103,200, which comes out to $55,900 (54%) lower than Silver Lake. The rent there is somewhat more expensive. Topeka's median monthly rent is $816, which works out to $129 (15%) higher than Silver Lake.
Delia
Delia is roughly 10 miles northwest from Silver Lake. Its real estate prices are substantially less expensive. The median home value in Delia is $67,900, which comes out to $91,200 (134%) lower than Silver Lake. Rent there is similar. The median rent in Delia is $675 per month, which is $12 (1%) lower than Silver Lake.
