Momentum Housing Data · Home Values · Lake County

SILVER LAKE ESTATES Home Values: What Homes Actually Sell For

Buying here? See Silver Lake Estates homes for sale and the Silver Lake Estates community guide (Leesburg).

SILVER LAKE ESTATES (LEESBURG, FL): 11 recorded closings in the 12 months ending 2026-08-02, an 8-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

In the current window, median closings ran near original asking (98.5%); the median sale took 53 days; new construction was 54.5% of recorded sales — builder pricing competes with resales here (window ending 2026-08-02).

The 8-year recorded price history

Over the recorded series, SILVER LAKE ESTATES’s median sold price moved from $245,000 (2015) to $361,141 (12 months ending 2026-08-02) — +47% over that span, with every year’s figure from recorded closings, not a model.

The last decade in SILVER LAKE ESTATES, briefly

The recorded series starts in 2015 at $245,000. Against the 2025 peak of $645,000, the current median stands at -44%. Annual sales volume here has ranged from 0 to 11 closings a year (10-yr average 3.3). With roughly 3.3 closings a year, SILVER LAKE ESTATES’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What actually trades here: 99% single-family residence, 1% manufactured home - post 1977, with a median of 2,306 sq ft and a median price per square foot of $196 in the current window.

Where SILVER LAKE ESTATES sales actually landed, 2024–2026

Of the 16 recorded SILVER LAKE ESTATES closings since 2024, half landed between $342,544 and $671,875 (the middle two quartiles); the lowest recorded sale was $260,000 and the highest $920,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

What homes of your size have sold for in SILVER LAKE ESTATES

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Larger homes here have been selling at a higher price per square foot than smaller ones ($216 vs $196) — less common, and usually a sign of newer or upgraded product at the top of the range.

What is on the market in SILVER LAKE ESTATES right now

From the live MLS feed as of 2026-09-03: 4 active listings (plus 2 pending) asking from $299,900 to $379,000, median $324,500; 2 of 4 have been on the market over 60 days (median 108 days so far); the homes listed or recently sold were built between 1927 and 2026 (median 2025), 10 of them new construction; 9 of 18 listed or recently sold homes report an HOA, median $95/mo; 4 state no HOA; 1 of 18 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 79 ft. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current SILVER LAKE ESTATES listings →

At SILVER LAKE ESTATES’s $361,141 median and Lake County’s adopted 16.65 mills (FY2025-26), a home assessed at that price carries roughly $6,010 a year in property tax before exemptions, or about $5,340 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Lake County tax page.

Selling in SILVER LAKE ESTATES right now: what the record says

Current asking prices run a median $364,182 against the $361,141 recorded sold median (+1%) — the gap between what sellers hope and what the record shows. The market is carrying about 3.2 months of supply at the current sales pace. Demand check: 29% of SILVER LAKE ESTATES’s listings are under contract, against 20% for ZIP 34788 and 26% for Lake County as a whole — the community is absorbing faster than its surroundings. Since 2004, 161 SILVER LAKE ESTATES listings were withdrawn, canceled, or expired without selling (2 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 68% of SILVER LAKE ESTATES listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 25%. Momentum’s market-heat index for SILVER LAKE ESTATES reads 59/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 10% of recorded SILVER LAKE ESTATES sales in the window ending 2026-06 (1 of 10) — a fact worth knowing before assuming every buyer needs an appraisal to close. Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a SILVER LAKE ESTATES buyer will actually pay; the spread on any single home comes down to size, condition and timing.

How SILVER LAKE ESTATES compares with its neighbors

Communities buyers shopping SILVER LAKE ESTATES are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

More SILVER LAKE ESTATES: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures