Home prices
The median home in Silver Springs costs $72,100. This is approximately $18,200 (20%) lower in comparison to other places in this area.It is about $145,400 (66%) lower in comparison to the country as a whole, and is roughly $17,700 (19%) lower compared to the city of Buffalo.
Rents
Silver Springs's median monthly rent is $575. Compared to nearby areas it is roughly $48 (7%) lower.In comparison to the entire country it is roughly $487 (45%) lower, and it is roughly $201 (25%) lower compared to the city of Buffalo.
Nearby places
Castile
Castile is approximately 2 miles southeast of Silver Springs. The real estate prices there are a bit more expensive. The median home in Castile is valued at $87,300, which comes out to $15,200 (17%) higher than Silver Springs. Rents there are fairly similar. In Castile the median monthly rent is $579, which is very similar to Silver Springs.
Gainesville
Gainesville is approximately 2 miles southwest of Silver Springs. Real estate prices there are a little more expensive. The value of the median home in Gainesville is $82,700, which works out to $10,600 (12%) higher than Silver Springs. Rents there are a little more expensive. In Gainesville the median rent is $670 a month, which comes out to $95 (14%) higher than Silver Springs.
Perry
Perry is approximately 5 miles northeast from Silver Springs. The housing prices there are a bit more expensive. The median home in Perry is valued at $83,200, which comes out to $11,100 (13%) higher than Silver Springs. The rent there is a bit more expensive. In Perry the median monthly rent is $713, which comes out to $138 (19%) higher than Silver Springs.
Warsaw
Warsaw is about 5 miles northwest from Silver Springs. The housing prices there are significantly more expensive. The median home in Warsaw is valued at $110,500, which comes out to $38,400 (34%) higher than Silver Springs. Rent there is similar. In Warsaw the median rent is $591 a month, which comes out to $16 (2%) higher than Silver Springs.
Nunda
Nunda is approximately 8 miles southeast from Silver Springs. The housing prices there are a bit more expensive. The median home cost in Nunda is $87,800, which comes out to $15,700 (17%) higher than Silver Springs. The rent there is similar. Nunda's median rent is $561 a month, which comes out to $14 (2%) lower than Silver Springs.