Silver Bay, MN is an attractive housing market given its median value of $134,600 against the US median value of $338,100. With a one year appreciation rate of 12.16%, it is significantly higher than the US average appreciation rate of 8.27%. This makes Silver Bay an attractive option for investors and homebuyers alike who are looking to maximize their returns and find a great place to call home.
The median home cost in Silver Bay is $134,600. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Silver Bay is up 13.9%.
Average Age of Homes
- The median age of Silver Bay real estate is 59 years old
The Rental Market in Silver Bay
- Renters make up 11.2% of the Silver Bay population
- 0.0% of houses and apartments in Silver Bay, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.