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SILVERLAKE, WA 98645

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SILVERLAKE, WA real estate market (98645) currently shows 10 active listings, with 2 pending sales. Homes are averaging 71 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 71 days on market compared to 42 days last year.

The median listing price has fallen 1.9% year-over-year, from $482,400 to $473,313.

Whether you are buying or selling in SILVERLAKE, WA, 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 Context

Market Context

Population: 2,044  ·  Density: 52.0/mi²  ·  Median household income: $98,167

Typical home value: $418,101  ·  Homeownership: 94.6%

Market Overview

Active Listings
10
⇧ 11.1% vs 9 last year
Pending
2
20% pending ratio
Median Price
$473,313
⇩ 1.9% vs $482,400 last year
Average Price
$549,735
⇧ 9.8% vs $500,879 last year
Days on Market
71
⇧ 69% vs 42 days last year

Price Per Square Foot

Median $/sqft
$283
⇩ 6.3% vs $302/sqft last year
Median Home Size
1,649 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 9 last year
  • Days on market: 71 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $473,313 (-1.9% YoY)
  • Average: $549,735 (+9.8% YoY)

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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.1 miles — 508 listings ($275,534,792 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98645Silverlake, WA 986450.0 mi10$5,571,000$482,475$557,100
98591Toledo, WA 985918.2 mi20$11,484,820$562,975$574,241
98626Kelso, WA 9862611.9 mi103$51,049,684$426,250$495,628
98581Ryderwood, WA 9858114.0 mi6$1,535,622$272,000$255,937
98596Winlock, WA 9859614.4 mi43$25,561,307$482,500$594,449
98632Longview, WA 9863215.9 mi159$70,759,611$425,625$445,029
98625Kalama, WA 9862518.3 mi33$29,088,477$601,993$881,469
98564Mossyrock, WA 9856418.7 mi19$11,031,210$445,500$580,590
98538Curtis, WA 9853820.8 mi4$1,825,000$487,500$456,250
98570Onalaska, WA 9857022.5 mi14$9,587,928$628,750$684,852
98603Ariel, WA 9860326.1 mi11$6,836,357$599,950$621,487
97054Deer Island, OR 9705426.6 mi5$7,447,900$998,900$1,489,580
98531Centralia, WA 9853129.1 mi81$43,755,876$434,750$540,196

Frequently Asked Questions

How many homes are for sale in SILVERLAKE, WA 98645?

As of March 2026, there are 10 active listings in SILVERLAKE, WA (zip code 98645), compared to 9 the prior year.

What is the median home price in SILVERLAKE, WA 98645?

The median listing price in SILVERLAKE, WA 98645 is $473,313 as of March 2026, a 1.9% decrease from $482,400 the prior year.

How long do homes stay on the market in SILVERLAKE, WA?

Homes in SILVERLAKE, WA 98645 spend an average of 71 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in SILVERLAKE, WA 98645?

Based on current inventory and days-on-market data as of March 2026, SILVERLAKE, WA 98645 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 71 days on market compared to 42 days last year.

How much can I save on real estate commission in SILVERLAKE, WA?

With SELL123.com's maximum 3% commission, sellers in SILVERLAKE, WA 98645 save an estimated $9,466 compared to a typical 5% commission on the median listing price of $473,313. 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.