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SILVER LAKE, OR 97638

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
Pending
0
0% pending ratio
Median Price
$275,000
Average Price
$275,000
Days on Market
10

Market Context

Population: 427  ·  Density: 0.4/mi²  ·  Median household income: $60,917

Typical home value: $0  ·  Homeownership: 60.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SILVER LAKE, OR real estate market (97638) currently shows 1 active listings. Homes are averaging 10 days on the market before going under contract.

Whether you are buying or selling in SILVER LAKE, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 78.9 miles — 817 listings ($720,206,000 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97638Silver Lake, OR 976380.0 mi1$275,000$275,000$275,000
97641Christmas Valley, OR 9764125.7 mi14$8,678,894$332,500$619,921
97737Gilchrist, OR 9773743.4 mi5$2,312,375$475,000$462,475
97624Chiloquin, OR 9762445.4 mi36$19,234,908$389,000$534,303
97731Chemult, OR 9773145.9 mi2$920,000$460,000$460,000
97622Bly, OR 9762251.8 mi5$1,203,900$189,900$240,780
97639Sprague River, OR 9763955.1 mi4$1,545,332$250,000$386,333
97626Fort Klamath, OR 9762658.9 mi1$7,950,000$7,950,000$7,950,000
97630Lakeview, OR 9763066.6 mi32$10,014,272$240,000$312,946
97703Bend, OR 9770368.8 mi217$370,785,513$1,475,000$1,708,689
97754Prineville, OR 9775472.5 mi141$102,158,730$519,500$724,530
97603Klamath Falls, OR 9760377.6 mi115$46,478,860$365,000$404,164
97756Redmond, OR 9775678.9 mi244$148,648,216$544,900$609,214

Frequently Asked Questions

How many homes are for sale in SILVER LAKE, OR 97638?

As of January 2026, there are 1 active listings in SILVER LAKE, OR (zip code 97638).

What is the median home price in SILVER LAKE, OR 97638?

The median listing price in SILVER LAKE, OR 97638 is $275,000 as of January 2026.

How long do homes stay on the market in SILVER LAKE, OR?

Homes in SILVER LAKE, OR 97638 spend an average of 10 days on the market before going under contract.

Is it a seller's or buyer's market in SILVER LAKE, OR 97638?

Based on current inventory and days-on-market data as of January 2026, SILVER LAKE, OR 97638 is currently a Balanced Market.

How much can I save on real estate commission in SILVER LAKE, OR?

With SELL123.com's maximum 3% commission, sellers in SILVER LAKE, OR 97638 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.