Why Live in Silvermine
Silvermine, a suburb of Norwalk, Connecticut, has a rich history dating back to the 17th century when settlers searched for fabled silver mines. Known for its artistic and semi-rural character, the neighborhood is home to the Silvermine Arts Center, established by sculptor Solon Borglum in 1922, which offers over 1,000 art courses and free gallery access. Housing options are diverse, including renovated century-old homes, 1960s ranch styles, and modern farmhouses with private pools. Local attractions include the Silvermine Golf Club, featuring a 27-hole course and a neo-classical-style restaurant, an equestrian training facility at Silvermine Farm, and GrayBarns, a renovated inn and tavern on a 49-acre property. The neighborhood is accessible via Connecticut Route 15 and the Merritt 7 Train Station, 2 miles away. While the area is car-dependent, it offers proximity to New York City and New Haven via Merritt Parkway. Students attend Norwalk High School, which has a high rating. Groceries can be found at Stop & Shop and Walmart Supercenter, both 2 miles away. Despite its artistic and scenic appeal, homes near the Silvermine River face a higher risk of flooding due to frequent heavy rain. The neighborhood lacks sidewalks, making it more car-dependent, but offers a tranquil environment with historical and cultural significance, attracting both residents and visitors alike.
Home Trends in Silvermine, CT
On average, homes in Silvermine, Norwalk sell after 62 days on the market compared to the national average of 70 days. The median sale price for homes in Silvermine, Norwalk over the last 12 months is $521,900, up 54% from the median home sale price over the previous 12 months.
Median Sale Price
$521,900
Median Single Family Sale Price
$607,500
Median Townhouse Sale Price
$394,900
Average Price Per Sq Ft
$382
Number of Homes for Sale
2
Last 12 months Home Sales
31
Median List Price
$524,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
54%