Data as of March 2026. Source: Realtor.com.
The SILVER LAKE, OR real estate market (97638) currently shows 2 active listings. Homes are averaging 44 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 44 days on market compared to 8 days last year.
The median listing price has fallen 62.5% year-over-year, from $749,900 to $281,250.
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.
Population: 427 · Density: 0.4/mi² · Median household income: $60,917
Typical home value: $0 · Homeownership: 60.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97638 | Silver Lake, OR 97638 | 0.0 mi | 1 | $275,000 | $275,000 | $275,000 |
| 97641 | Christmas Valley, OR 97641 | 25.7 mi | 15 | $9,075,855 | $328,750 | $605,057 |
| 97737 | Gilchrist, OR 97737 | 43.4 mi | 4 | $1,818,900 | $462,500 | $454,725 |
| 97624 | Chiloquin, OR 97624 | 45.4 mi | 40 | $21,703,560 | $413,500 | $542,589 |
| 97731 | Chemult, OR 97731 | 45.9 mi | 2 | $920,000 | $460,000 | $460,000 |
| 97622 | Bly, OR 97622 | 51.8 mi | 5 | $1,226,325 | $207,200 | $245,265 |
| 97639 | Sprague River, OR 97639 | 55.1 mi | 5 | $2,289,585 | $387,250 | $457,917 |
| 97626 | Fort Klamath, OR 97626 | 58.9 mi | 2 | $8,335,000 | $4,167,500 | $4,167,500 |
| 97630 | Lakeview, OR 97630 | 66.6 mi | 28 | $8,310,736 | $239,500 | $296,812 |
| 97703 | Bend, OR 97703 | 68.8 mi | 231 | $393,188,565 | $1,467,250 | $1,702,115 |
| 97754 | Prineville, OR 97754 | 72.5 mi | 158 | $115,808,786 | $524,950 | $732,967 |
| 97753 | Powell Butte, OR 97753 | 74.7 mi | 43 | $83,533,692 | $1,298,375 | $1,942,644 |
| 97632 | Malin, OR 97632 | 78.9 mi | 3 | $1,331,499 | $379,000 | $443,833 |
As of March 2026, there are 2 active listings in SILVER LAKE, OR (zip code 97638), compared to 1 the prior year.
The median listing price in SILVER LAKE, OR 97638 is $281,250 as of March 2026, a 62.5% decrease from $749,900 the prior year.
Homes in SILVER LAKE, OR 97638 spend an average of 44 days on the market before going under contract, compared to 8 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SILVER LAKE, OR 97638 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 8 days last year.
With SELL123.com's maximum 3% commission, sellers in SILVER LAKE, OR 97638 save an estimated $5,625 compared to a typical 5% commission on the median listing price of $281,250. 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.