Silver Lake Terrace
Homes for Sale in Jacksonville, FL

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.

realMLS (Northeast Florida) sales records identify 15 homes in Silver Lake Terrace that have changed hands since 2017, built between 1930 and 2016 (median 1952), with a median living area of about 1,184 sq ft and a typical 3-bedroom, 1-bath layout; 87% are single-family homes. Source: realMLS (Northeast Florida) closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Silver Lake Terrace is too small for its own price trend, so here is the market around it.

In ZIP 32216, 183 homes are on the market and 26% are under contract — a steady corner of Jacksonville.

Across Duval County, 3,953 homes are active and 1,522 pending (28% under contract).

In ZIP 32216 (Jacksonville), 552 homes closed in the last 12 months at a median of $291K ($194/sq ft), down 0.9% year over year, with a median 41 days on market. Right now 119 active and 58 pending listings put supply at about 3.8 months — a balanced market. See the live ZIP 32216 housing market and the Duval County market.

ZIP and county figures describe the wider market, not Silver Lake Terrace specifically. Momentum Research analysis of MLS records.

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.

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.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.