Median real estate price in the Town Center of Silver City is $92,975, which is less expensive than 79.7% of New Mexico neighborhoods and 85.0% of all U.S. neighborhoods.
The average rental price in Silver City Town Center is currently $769, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.8% of New Mexico neighborhoods.
Silver City Town Center is a suburban neighborhood (based on population density) located in Silver City, New Mexico.
Real estate in the Town Center of Silver City, NM is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Silver City Town Center. The current real estate vacancy rate here is 20.3%. This is higher than the rate of vacancies in 85.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.