Market Overview
Home Prices in Silver Springs, FL
The median home value in Silver Springs, FL is $221,358 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and down 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Silver Springs are priced46% below average. Silver Springs is part of the Ocala, FL metro area.
Over the past five years, Silver Springs home values have risen by approximately25.4%, reflecting strong long-term appreciation in this market.
Price History
Silver Springs Home Price Trend
City Comparison
Silver Springs vs. National Median
At $221,358, homes in Silver Springs cost 46% below the national median of $410,000. This makes Silver Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Silver Springs?
20% Down Payment
$44,272
on $221,358
Monthly P&I
$1,154/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,466/mo
incl. taxes & insurance
Income Needed
$58,640
gross annual (30% rule)
10% Down Option
$22,136
+ PMI applies
Loan Amount (20% dn)
$177,086
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 Silver Springs, FL?
The median home value in Silver Springs is $221,358 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Silver Springs?
Over the past year, home values in Silver Springs have decreased by 1.1%. Over five years, prices have risen approximately 25.4%.
How much do I need to earn to buy a home in Silver Springs?
To comfortably afford the median home price of $221,358 with a 20% down payment ($44,272) at today's rates (6.8%), you'd need a gross annual income of approximately $58,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Silver Springs compare to the national average home price?
The national median home value is approximately $410,000. At $221,358, homes in Silver Springs are 46% below the national average.
What metro area is Silver Springs part of?
Silver Springs is part of the Ocala, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.