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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 June 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

Mar 1, 2026 - May 31, 2026

Median sale price
$275K
+17% from Q1 '26
Median list price
$253K
-4.6% from Q1 '26
Active listings
30
+76% from Q1 '26
Homes sold
11
+22% from Q1 '26
New pendings
21
+91% from Q1 '26
New listings
24
+140% 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 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $213K 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 list price in Apr 2021 - Jun 2021: $215K 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: $265K Apr 2021 - Jun 2021 Median sale price $213K Median list price $215K 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 $265K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
14
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 (Mar 2026 - May 2026).

Homes in Silver Lake are taking longer to sell in this rolling three-month view, with the median days on market holding at 55 days compared with much shorter times a year ago. This slower pace aligns with a seller’s market reading on the market gauge, but one that is less intense than past periods.

Prices have been relatively steady, with the typical home value up about 4 percent year over year to around $275,000. List prices have moved the other way, down roughly 8 percent from a year earlier, suggesting sellers may be pricing more cautiously to attract offers. Supply has expanded, with months of supply more than doubling year over year to 2.3 months, matching the wider Rochester market. Even with more options, about 46 percent of recent sales still closed above list price.

Sales activity has cooled compared with last year, as homes sold in the period are down by about one-third and new listings are also lower year over year. At the same time, pending sales are off nearly 20 percent, pointing to fewer deals in the pipeline than a year ago. Despite these shifts, the average sale-to-list ratio is still just over 100 percent, indicating buyers often pay close to asking. Whether you are a buyer trying to read these changing conditions or a seller aiming to price correctly, Agent Pronto can connect you with a Silver Lake agent 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 →


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

“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
“Michele did such an amazing job selling my house. Through every step of the way she explained the process, helped me understand what to expect, and advocated for me as the seller. I genuinely feel that Michele would have sold my house with the same level of care and attention if it had been a $5 million dollar home.”

Haley Kaspari · Fargo, ND

Photo of Michele Evert
Realty Xperts
“We were very happy with the process of purchasing a new home and were always well informed. John made sure that our needs were met.”

Madonna Mayer · West Fargo, ND

Photo of John Colvin
Century 21 FM Realty
“Roger Hahn was fantastic to work with on buying our new home. He was always available and responded to our question in a timely manner. He is very friendly and not pushy. Would work with him again.”

Laurie Hoppe · New York Mills, MN

Photo of Roger Hahn
Century 21 Atwood
“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
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus

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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