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Real estate in Rochester’s Silver Lake neighborhood.

Compare top Silver Lake real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Silver Lake real estate Market Report.

Information and statistics on the latest trends in the Silver Lake real estate market. *

Latest Rolling 3-Month Snapshot

Apr 1, 2026 - Jun 30, 2026

Median sale price
$263K
+12% from Q1 '26
Median list price
$241K
-12% from Q1 '26
Active listings
29
+71% from Q1 '26
Homes sold
21
+133% from Q1 '26
New pendings
20
+82% from Q1 '26
New listings
26
+160% from Q1 '26

Quarterly Pricing Trends for Silver Lake

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Silver Lake Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $230K Median sale price in Oct 2021 - Dec 2021: $203K Median sale price in Jan 2022 - Mar 2022: $225K Median sale price in Apr 2022 - Jun 2022: $240K Median sale price in Jul 2022 - Sep 2022: $235K Median sale price in Oct 2022 - Dec 2022: $232K Median sale price in Jan 2023 - Mar 2023: $227K Median sale price in Apr 2023 - Jun 2023: $260K Median sale price in Jul 2023 - Sep 2023: $254K Median sale price in Oct 2023 - Dec 2023: $211K Median sale price in Jan 2024 - Mar 2024: $258K Median sale price in Apr 2024 - Jun 2024: $255K Median sale price in Jul 2024 - Sep 2024: $258K Median sale price in Oct 2024 - Dec 2024: $238K Median sale price in Jan 2025 - Mar 2025: $262K Median sale price in Apr 2025 - Jun 2025: $289K Median sale price in Jul 2025 - Sep 2025: $269K Median sale price in Oct 2025 - Dec 2025: $280K Median sale price in Jan 2026 - Mar 2026: $235K Median sale price in Apr 2026 - Jun 2026: $263K Median list price in Jul 2021 - Sep 2021: $199K Median list price in Oct 2021 - Dec 2021: $208K Median list price in Jan 2022 - Mar 2022: $225K Median list price in Apr 2022 - Jun 2022: $235K Median list price in Jul 2022 - Sep 2022: $241K Median list price in Oct 2022 - Dec 2022: $235K Median list price in Jan 2023 - Mar 2023: $249K Median list price in Apr 2023 - Jun 2023: $225K Median list price in Jul 2023 - Sep 2023: $252K Median list price in Oct 2023 - Dec 2023: $211K Median list price in Jan 2024 - Mar 2024: $252K Median list price in Apr 2024 - Jun 2024: $230K Median list price in Jul 2024 - Sep 2024: $240K Median list price in Oct 2024 - Dec 2024: $250K Median list price in Jan 2025 - Mar 2025: $273K Median list price in Apr 2025 - Jun 2025: $270K Median list price in Jul 2025 - Sep 2025: $272K Median list price in Oct 2025 - Dec 2025: $250K Median list price in Jan 2026 - Mar 2026: $272K Median list price in Apr 2026 - Jun 2026: $241K Jul 2021 - Sep 2021 Median sale price $230K Median list price $199K Oct 2021 - Dec 2021 Median sale price $203K Median list price $208K Jan 2022 - Mar 2022 Median sale price $225K Median list price $225K Apr 2022 - Jun 2022 Median sale price $240K Median list price $235K Jul 2022 - Sep 2022 Median sale price $235K Median list price $241K Oct 2022 - Dec 2022 Median sale price $232K Median list price $235K Jan 2023 - Mar 2023 Median sale price $227K Median list price $249K Apr 2023 - Jun 2023 Median sale price $260K Median list price $225K Jul 2023 - Sep 2023 Median sale price $254K Median list price $252K Oct 2023 - Dec 2023 Median sale price $211K Median list price $211K Jan 2024 - Mar 2024 Median sale price $258K Median list price $252K Apr 2024 - Jun 2024 Median sale price $255K Median list price $230K Jul 2024 - Sep 2024 Median sale price $258K Median list price $240K Oct 2024 - Dec 2024 Median sale price $238K Median list price $250K Jan 2025 - Mar 2025 Median sale price $262K Median list price $273K Apr 2025 - Jun 2025 Median sale price $289K Median list price $270K Jul 2025 - Sep 2025 Median sale price $269K Median list price $272K Oct 2025 - Dec 2025 Median sale price $280K Median list price $250K Jan 2026 - Mar 2026 Median sale price $235K Median list price $272K Apr 2026 - Jun 2026 Median sale price $263K Median list price $241K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
15
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).

Homes in Silver Lake have been moving at a moderate pace in the latest rolling three-month view, with a median of 19 days on market. Even with this slower speed compared with a year ago, nearly 79% of listings have still gone off the market within two weeks, showing that well-priced homes attract quick attention.

Prices have held relatively steady over the past year. The typical home value is about $262,900, down modestly from last June, while the median list price has also dipped year over year. Compared with the broader Rochester area, Silver Lake homes are priced significantly lower than the citywide median sale price of roughly $358,000.

Supply has loosened somewhat, with about 1.6 months of inventory now available compared with just 1.1 months a year ago, though conditions still lean toward sellers. Active listings are slightly lower than last year, yet the share of homes selling above list price remains solid at around 45%, and the average sale-to-list ratio is just over 100%. This mix of slower days on market, softer prices, and tight but improving supply creates different opportunities depending on your side of the transaction. Buyers and sellers who want to navigate these shifting trends in Silver Lake can turn to Agent Pronto to connect with a local real estate professional who understands this market.



Learn more about what Silver Lake has to offer.

Silver Lake offers residents a friendly, walkable community with inviting parks, convenient amenities, and active neighborhood gatherings that foster connection and a high quality of life.

Silver Lake in Rochester centers daily life around its namesake lake and trail system, where residents walk, bike, or pause to watch the geese on their way to work or school. The neighborhood offers a practical blend of established homes, apartments, and townhomes, with quick access to downtown Rochester and Mayo Clinic only a short drive or bike ride away.

Outdoor time is easy to fit into any routine. The shoreline paths and Silver Lake Park provide picnic spots, playgrounds, and open fields, while nearby Rochester Public Library and Mayo Civic Center add cultural and community events to the calendar. Everyday errands are simple, with grocery options, cafes, and local services spread along East Silver Lake Road and close to downtown Rochester.

Families appreciate access to Rochester Public Schools, and the area’s network of bike lanes and bus routes helps keep commutes predictable. Health care professionals working in the city often choose Silver Lake for its balance of calm residential streets and convenient city access.

Whether you are planning to move into Silver Lake, considering a change within Rochester, or preparing to sell, a knowledgeable local agent can help you read the market street by street. Agent Pronto connects you with an experienced Silver Lake real estate professional so both buyers and sellers can move forward with confidence.

Find your Silver Lake real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Michele was the best person we could have had to help us find our first home! She was ready to drop everything whenever we needed a tour and quick to recommend new listings. She took time to get to know us as people and treat us like family. She will be our top choice of realtor for any future home purchases!”

Morgan · Moorhead, MN

Photo of Michele Evert
Realty Xperts
“Stephanie was responsive and forthright throughout the sale process. She priced my property well and responded quickly to get showings scheduled right away. Every question I had was answered throughly and in a timely manner. The stager and photographer that she recommended did a fantastic job. I hightly recommend Stephanie's services!”

Beth · St. Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“Working with John mad my first time buying a house super easy and comfortable. I trusted John's word and felt confident that he would NOT lead us wrong when looking at houses. He wasn't afraid to tell us the truth if it meant finding out perfect home. I don't think working with another realtor that this would've gone so smoothly. John's working with us will forever be part of my first homeowner experience. And if I were to be selling/buying again I would 100% be working with him again.”

Vanessa Weishaar · Fargo, ND

Photo of John Colvin
Century 21 FM Realty
“Roger was great to work with. He gave no pressure to buy and was very knowledgeable on items we did not understand. We would recently his services to everyone.”

Glen Swenson · Perham, MN

Photo of Roger Hahn
Century 21 Atwood
“Caitlin was great both times we worked with her; she was always on top of her game no matter what! She always replied fast to questions or comments, not that there were many of those, given how hands-on she was in explaining everything. She was incredibly knowledgeable about the entire process and had an answer for every question I sent her way. Not to mention how smooth she made the closing process, I thought that was going to be the biggest stressor, but she made it simpler than I thought possible for closing a house! I already absolutely recommend her to everyone I know and have no plans on changing that anytime soon!”

Tim Griffin · Moorhead, MN

Photo of Caitlin Wachsmuth
Vesta Real Estate Brokered by Exp Realty
“We highly recommend Rochelle Roesler to anyone looking for an experienced, trustworthy and very knowledgeable real estate agent. Her communication was amazing! She was super responsive by promptly answering all of our calls and emails. We always felt like we were top priority on her list. From our first meeting to the closing process, Rochelle was by our side. This level of dedication and sincerity is rare in the real estate industry. Rochelle's genuine care and dedication made our journey so much easier and enjoyable. In the end, we found the perfect buyers for our beautiful home. Thanks Rochelle!!”

Jim & Sheila Waclawik · Moorhead, MN

Photo of Rochelle Roesler
Century 21 FM Realty
“Susan helped me sell my dad's house after he unexpectedly passed away in 2025. She was so kind and empathetic about my situation, and very patient as it took us months to empty the house before it was listed. But from the start she worked hard to get us the right resources and information. She was incredibly helpful during the selling process and gave great suggestions on price. She made the process pretty easy!”

Cyndi · Apple Valley, MN

Photo of Susan Jackson
RE/MAX Results
“We strongly recommend Larry Nielson for selling/buying your next home. He was very knowledgeable, confident and easy to work with.”

Fran & Lisa · Lake City, MN

Photo of Larry Nielson
Nielson Real Estate Services
“Becky was incredible to work with and helped us not only with the purchase of our home in Florida, but was a huge help through our whole process of moving from Minnesota and even assisted with finding a rental until we could find a place to build. Truly went above and beyond and took the time to really understand what we want. Highly recommend!”

Dustin · Lakewood Ranch, FL

Photo of Becky Gonzales
RE/MAX Profere
“Selling this house was particularly stressful with a few pitfalls. Marissa helped us navigate through them and stayed on top of the details. She always had our best interest in mind. We appreciate her persistence and will recommend her to our friends.”

Mary and Rick · Sauk Rapids, MN

Photo of Marissa Haakonson
Marissa Haakonson Real Estate brokered by eXp Realty
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“Noah provided excellent pictures/media/decsriptions. He was very strategic in marketing my house and I was able to receive more than my asking price. Noah was very responsive and reassuring throughout the whole process. Highly, Highly Recommended!”

Pam Geyer · Little Falls, MN

Photo of Noah Goedker
eXp Realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“All went well. Carly was great and responded immediately to any inquiries.”

Alan N. · Duluth, MN

Photo of Carly Gosar
Messina & Associates
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“Chad Luscomb was very polite, helpful, knowledgeable and professional. I would recommend him in a heartbeat to anyone looking to sell a home!”

Eric K. · Mankato, MN

Photo of Chad Luscomb
Coldwell Banker River Valley REALTORS

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Silver Lake. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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