Market Overview
Home Prices in Silas, AL
The median home value in Silas, AL is $129,836 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 8.4% compared to a year ago and down 8.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Silas are priced68% below average. Silas is part of the Mobile, AL metro area.
Over the past five years, Silas home values have fallen by approximately17.0%, reflecting softening conditions in this market.
Price History
Silas Home Price Trend
2020
$139,611
$140K
—
2021
$156,402
$156K
+12.0%
2022
$164,793
$165K
+5.4%
2023
$156,500
$157K
-5.0%
2024
$154,780
$155K
-1.1%
2025
$141,810
$142K
-8.4%
2026
$129,836
$130K
-8.4%
City Comparison
Silas vs. National Median
🏠 Silas
$129,836
National Median
$410,000
At $129,836, homes in Silas cost 68% below the national median of $410,000. This makes Silas a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Silas?
20% Down Payment
$25,967
on $129,836
Monthly P&I
$677/mo
30-yr @ 6.8%
Total Monthly Est.
~$860/mo
incl. taxes & insurance
Income Needed
$34,400
gross annual (30% rule)
10% Down Option
$12,984
+ PMI applies
Loan Amount (20% dn)
$103,869
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Silas, AL?
The median home value in Silas is $129,836 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 8.4% year-over-year.
How much have home prices changed in Silas?
Over the past year, home values in Silas have decreased by 8.4%. Over five years, prices have fallen approximately 17.0%.
How much do I need to earn to buy a home in Silas?
To comfortably afford the median home price of $129,836 with a 20% down payment ($25,967) at today's rates (6.8%), you'd need a gross annual income of approximately $34,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Silas compare to the national average home price?
The national median home value is approximately $410,000. At $129,836, homes in Silas are 68% below the national average.
What metro area is Silas part of?
Silas is part of the Mobile, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.