Silver Lake, MN Housing

Silver Lake, MN is a great place to live with its median home value of $270,100. Although slightly lower than the US House median value of $338,100, Silver Lake has experienced a 6.82% appreciation in the last year compared to the 8.27% appreciation seen nationally. It's an affordable and attractive option for anyone looking to invest in real estate!

The median home cost in Silver Lake is $270,100. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Silver Lake is up 11.0%.

Average Age of Homes

- The median age of Silver Lake real estate is 64 years old

The Rental Market in Silver Lake

- Renters make up 29.6% of the Silver Lake population
- 1.2% of houses and apartments in Silver Lake, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Silver Lake, Minnesota	United States
	414.0	139,647,020.0
	63	42
	$270,100	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$12.28	$10.98
	$2,132	$2,690
	70.3%	57.4%
	11.6%	11.2%
	18.1%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	1.7%	0.7%
	0.0%	0.4%
	3.1%	3.6%
	5.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	1.7%	3.9%
	2.1%	4.5%
	52.6%	11.3%
	20.3%	13.0%
	19.9%	20.1%
	2.4%	13.6%
	0.7%	8.3%
	0.0%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	9.2%	13.6%
	4.1%	13.2%
	10.9%	14.8%
	9.2%	13.6%
	13.0%	10.0%
	10.9%	4.7%
	28.7%	12.2%