Silver Lake Terrace
Homes for Sale in Jacksonville, FL
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of TRADITIONS REALTY LLC · via realMLS
Silver Lake Terrace is a small, older pocket of Jacksonville — 49 homes with a median build year of 1951 and originals dating to 1930. Price here is driven far more by condition than by any headline number. With homes this age and a compact living footprint (median around 1,185 square feet), the spread between a fully updated house and a project home is wide, and that gap is where the real negotiation happens.
The homestead share sits at 46%, which tells you a meaningful portion of these homes are not owner-occupied. For a buyer, that means competing inventory can include rental-grade and investor stock; for a seller, a genuinely updated home stands out precisely because so much of the housing stock is dated. Read the condition of each listing carefully — the address matters less than what has been done to the house.
The 60-Second Overview
A small enclave of mostly mid-century homes on modest footprints, where the winners are the houses that have been thoughtfully updated and the values are the ones that haven't.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Silver Lake Terrace. Swipe to explore the community.
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Silver Lake TerracePhotos from realMLS listings in Silver Lake Terrace; content deemed reliable but not guaranteed.
Who Silver Lake Terrace is best for.
Best for
- First-time buyers seeking a smaller, lower-carrying-cost home who can budget for age-related updates
- Renovation-minded buyers looking to buy on condition and improve
- Investors evaluating a market where a meaningful share of homes are non-homestead
Probably not for
- Buyers who need large living square footage
- Anyone wanting new or near-new construction with no deferred maintenance
- Buyers who need a wide, fast-moving selection of listings to choose from
The market around Silver Lake Terrace
Silver Lake Terrace is too small for its own price trend, so here is the market around it.
In ZIP 32216, 188 homes are on the market and 25% are under contract — a steady corner of Jacksonville.
Across Duval County, 3,861 homes are active and 1,760 pending (31% under contract).
ZIP and county figures describe the wider market, not Silver Lake Terrace specifically. Momentum Research analysis of MLS records.
The Silver Lake Terrace buying strategy.
If we were buying in Silver Lake Terrace today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Silver Lake Terrace.
Age, size, and the condition question
The building stock spans 1930 to 2020, but the median year built of 1951 tells the real story: this is predominantly an older neighborhood. Homes from this era typically carry the systems questions that come with age — foundations, wiring, plumbing, and roofing. None of that is a dealbreaker, but it does mean inspections here earn their keep, and a renovated home commands a premium over one that still needs work.
At a median of roughly 1,185 living square feet, these are compact houses. That keeps carrying costs contained and makes the neighborhood workable for a first purchase or a smaller footprint, but buyers wanting large square footage should look elsewhere. With only 49 homes total, turnover is thin — good listings move on their own timeline, and patience is often part of the strategy.
The location and the amenities are priced into every listing in Silver Lake Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 49-home pocket where price hinges on condition and a large share of the stock is not owner-occupied, local read matters more than any listing photo. We help buyers separate a cosmetically staged flip from a soundly renovated home, and we help sellers position genuine updates against dated competition. In a thin market like this, timing and pricing discipline do the heavy lifting.
Silver Lake Terrace in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Silver Lake Terrace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Silver Lake Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Silver Lake Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Silver Lake Terrace home worth?
Get a no-obligation home value based on real comparable sales in Silver Lake Terrace, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Silver Lake Terrace?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Silver Lake Terrace with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: August 21, 2026) |
| Under-contract shares | realMLS records, as of 2026-08-18 |
| Historical depth | Closed-sale records back to 2004 (25 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live your area comps.
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