Why Live in Silver Lake
Silver Lake, nestled between Los Feliz and Echo Park, has evolved from a haven for artists and activists to one of the trendiest neighborhoods. Sunset Junction is a bustling area filled with coffee shops, upscale boutiques, vintage stores, and renowned restaurants. Intelligentsia is a local favorite for coffee, while The Black Cat, a historic LGBTQ+ landmark, and Casita del Campo, a long-standing restaurant, offer glimpses into the neighborhood's rich history. For daily needs, residents have access to Trader Joe’s, Whole Foods, and Erewhon. The Silver Lake Farmers’ Market, held on Tuesdays and Saturdays, features local produce, baked goods, and vintage items, while the Silverlake Flea offers a deeper dive into vintage finds. Nightlife is vibrant with bars along Sunset Boulevard and Hyperion and Glendale Avenues, and entertainment options like The Lyric Hyperion and Silverlake Lounge. The neighborhood's namesake reservoir, surrounded by parkland and walking trails, is a popular spot for picnics and dog walking, with plans for expansion to include water access. Silver Lake's hilly terrain is connected by a network of stairs, often used for exercise and photoshoots. The eclectic architecture includes Mediterranean, Craftsman, Tudor Revival, and modern minimalist homes, many dating back to the 1920s and 30s. Micheltorena Street Elementary, Thomas Starr King Middle, and John Marshall Senior High are highly rated schools serving the area. Despite the hills, bus stops along Glendale and Sunset Boulevards provide public transit options, and downtown Los Angeles is less than 5 miles away. The Silver Lake Neighborhood Council addresses issues like housing and tenant rights, reflecting ongoing concerns about displacement.
Home Trends in Silver Lake, CA
On average, homes in Silver Lake, CA sell after 28 days on the market compared to the national average of 50 days. The median sale price for homes in Silver Lake, CA over the last 12 months is $1,600,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$1,600,000
Median Single Family Sale Price
$1,700,000
Median Townhouse Sale Price
$1,381,000
Median 2 Bedroom Sale Price
$927,500
Median 1 Bedroom Sale Price
$740,000
Average Price Per Sq Ft
$972
Number of Homes for Sale
31
Last 12 months Home Sales
165
Median List Price
$1,650,000
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
2%