Momentum Housing Data · Home Values · Miami-Dade County
Buying here? See Silver Lakes homes for sale and the Silver Lakes community guide (Miami).
SILVER LAKES (Miami, FL): 3 recorded closings in the 12 months ending 2026-09-20, a 7-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 86.7% of original asking; the median sale took 139 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $725,000 | $299 | 139 | 86.7% | 3 |
| 2023 | $726,000 | $294 | 23 | 96.4% | 4 |
| 2021 | $465,000 | $193 | 12 | 104.2% | 3 |
| 2020 | $418,750 | $174 | 57 | 91.9% | 4 |
| 2015 | $367,000 | $146 | 103 | 93.9% | 10 |
| 2014 | $322,500 | $123 | 65 | 86.0% | 5 |
| 2013 | $250,000 | $100 | 117 | 98.2% | 6 |
Over the recorded series, SILVER LAKES’s median sold price moved from $250,000 (2013) to $725,000 (12 months ending 2026-09-20) — +190% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2013 at $250,000. Against the 2023 peak of $726,000, the current median stands at -0%. Annual sales volume here has ranged from 0 to 10 closings a year (10-yr average 2). With roughly 2 closings a year, SILVER LAKES’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.
From the live MLS feed as of 2026-09-23: The homes listed or recently sold were built between 1993 and 1998 (median 1998); 3 of 3 listed or recently sold homes report an HOA, median $337/mo. See the current SILVER LAKES listings →
At SILVER LAKES’s $725,000 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $12,760 a year in property tax before exemptions, or about $12,040 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 Miami-Dade County tax page.
Current asking prices run a median $760,000 against the $725,000 recorded sold median (+5%) — the gap between what sellers hope and what the record shows. Demand check: 0% of SILVER LAKES’s listings are under contract, against 29% for ZIP 33186 and 18% for Miami-Dade County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information.
Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a SILVER LAKES buyer will actually pay; the spread on any single home comes down to size, condition and timing.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping SILVER LAKES 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.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| DEERWOOD PART IV | $550,000 | $369 | 34 | 8 |
| TWIN LAKE SHORES CENTRAL | $632,500 | $369 | 27 | 4 |
| VISTA ALEGRE TOWNHOMES VI | $320,000 | $292 | 22 | 7 |
| PRECIOUS HOMES AT TWIN LA | $516,000 | $282 | 48 | 4 |
More SILVER LAKES: 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 information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 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
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.