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MN area data

Silver lake, MN

Silver lake, MN.

Population: 1,819 (Census ACS)

Home values & appreciation

Median home value
$311,592
1-year appreciation
+0.5%
3-year appreciation
+8.8%
5-year appreciation
+26.3%
10-year appreciation
+88.8%
All-time peak (2026-03)
$313,930
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$380,000
Median list price
$297,500
Median days on market
14 days
Sale-to-list ratio
98.2%
Active listings
5
1-year forecast
+2.2%
New listings (monthly)
3

Rents

2-bedroom fair-market rent (HUD reference)
$1,176/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, hail, strongWind, tornado, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
32.1 in

Walkability & transit

Walkability index
4.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (54 mi)
Nearest airport
Timmers Landing Field (3 mi)
Hospitals nearby (~15 mi)
2
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-46 tax filers

Housing stock

Median year housing built
1,966
Median annual property tax
$2,664
Mean commute to work
27 min
Households with broadband internet
66.4%

Employment & development

Total county employment
13,938
Average weekly wage
$1,056
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
50

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents