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Sussex Review

Thursday, April 17, 2025

Silver Lake Manor home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Silver Lake Manor fell by $153,500 while total sales increased by 220%, according to BlockShopper.com.

From January through June of 2018, there were 16 homes sold, with a median sale price of $346,500 - a 30.7% decrease over the $500,000 median sale price for the same period of the previous year. There were five homes sold in Silver Lake Manor in the first half of 2017.

The following table compares Silver Lake Manor to other Sussex County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Henlopen Keys69-33.3%$411,905$546,590-24.6%
Bay View Park12-50%$400,000$737,500-45.8%
Oak Orchard38-62.5%$375,000$90,450314.6%
Highland Acres31200%$360,000$312,00015.4%
Rehoboth Manor25-60%$357,950$400,000-10.5%
Silver Lake Manor165220%$346,500$500,000-30.7%
The Landing3250%$345,000$357,000-3.4%
Keenwik West52150%$340,000$465,125-26.9%
Dewey Beach69-33.3%$320,750$530,000-39.5%
Maplewood24-50%$317,500$256,50023.8%
Murry Landing13-66.7%$314,000$346,000-9.2%

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