Home prices
The median home in Silver City is valued at $87,000. Compared to other places in this area this is about $48,420 (35%) lower.In comparison to the rest of the country it is about $130,500 (60%) lower, and is approximately $161,300 (64%) lower in comparison to the city of Raleigh.
Rents
The median rent in Silver City is $810 per month. In comparison to its surrounding areas this is approximately $42 (4%) lower.It is roughly $252 (23%) lower in comparison to the rest of the country, and it is roughly $311 (27%) lower in comparison to the city of Raleigh.
Nearby places
Raeford
Raeford is Silver City's neighbor to the south. Real estate prices there are a bit more expensive. The price of the median home in Raeford is $111,500, which comes out to $24,500 (21%) higher than Silver City. Its rents are somewhat less expensive. Raeford's median monthly rent is $753, which is $57 (7%) lower than Silver City.
Bowmore
Bowmore is roughly 5 miles southwest from Silver City. Housing prices there are a bit more expensive. Bowmore's median home cost is $105,400, which works out to $18,400 (17%) higher than Silver City. Rents there are somewhat less expensive. Bowmore's median monthly rent is $673, which is $137 (20%) lower than Silver City.
Five Points
Five Points is about 6 miles west of Silver City. The housing prices there are a lot more expensive. The median home cost in Five Points is $170,500, which works out to $83,500 (48%) higher than Silver City. Its rents are a little more expensive. The median rent in Five Points is $1,067 per month, which comes out to $257 (24%) higher than Silver City.
Rockfish
Rockfish is approximately 7 miles east from Silver City. Its real estate prices are a lot more expensive. The median home in Rockfish costs $137,900, which is $50,900 (36%) higher than Silver City. Rents there are a little more expensive. The median monthly rent in Rockfish is $1,158, which works out to $348 (30%) higher than Silver City.
Ashley Heights
Ashley Heights is roughly 9 miles northwest from Silver City. The real estate prices there are substantially more expensive. The median home in Ashley Heights costs $151,800, which comes out to $64,800 (42%) higher than Silver City. Rent there is significantly less expensive. In Ashley Heights the median rent is $609 per month, which works out to $201 (33%) lower than Silver City.
