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Silver Lake, MN real estate

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

Feb 1, 2026 - Apr 30, 2026

Median sale price
$155K
+6.8% from Q1 '26
Median list price
$308K
-20% from Q1 '26
Active listings
5
No change from Q1 '26
Homes sold
2
-33% from Q1 '26
New pendings
5
+25% from Q1 '26
New listings
2
No change 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: $205K Median sale price in Jul 2021 - Sep 2021: $232K Median sale price in Oct 2021 - Dec 2021: $173K Median sale price in Jan 2022 - Mar 2022: $240K Median sale price in Apr 2022 - Jun 2022: $278K Median sale price in Jul 2022 - Sep 2022: $200K Median sale price in Oct 2022 - Dec 2022: $250K Median sale price in Jan 2023 - Mar 2023: $245K Median sale price in Jul 2023 - Sep 2023: $380K Median sale price in Oct 2023 - Dec 2023: $225K Median sale price in Jan 2024 - Mar 2024: $155K Median sale price in Apr 2024 - Jun 2024: $235K Median sale price in Jul 2024 - Sep 2024: $223K Median sale price in Oct 2024 - Dec 2024: $220K Median sale price in Jan 2025 - Mar 2025: $301K Median sale price in Apr 2025 - Jun 2025: $276K Median sale price in Jul 2025 - Sep 2025: $229K Median sale price in Oct 2025 - Dec 2025: $230K Median sale price in Jan 2026 - Mar 2026: $145K Median list price in Apr 2021 - Jun 2021: $200K Median list price in Jul 2021 - Sep 2021: $225K Median list price in Oct 2021 - Dec 2021: $150K Median list price in Jan 2022 - Mar 2022: $320K Median list price in Apr 2022 - Jun 2022: $190K Median list price in Jul 2022 - Sep 2022: $200K Median list price in Oct 2022 - Dec 2022: $220K Median list price in Jan 2023 - Mar 2023: $400K Median list price in Apr 2023 - Jun 2023: $240K Median list price in Jul 2023 - Sep 2023: $229K Median list price in Oct 2023 - Dec 2023: $188K Median list price in Jan 2024 - Mar 2024: $220K Median list price in Apr 2024 - Jun 2024: $260K Median list price in Jul 2024 - Sep 2024: $228K Median list price in Oct 2024 - Dec 2024: $224K Median list price in Jan 2025 - Mar 2025: $270K Median list price in Apr 2025 - Jun 2025: $237K Median list price in Jul 2025 - Sep 2025: $235K Median list price in Oct 2025 - Dec 2025: $194K Median list price in Jan 2026 - Mar 2026: $382K Apr 2021 - Jun 2021 Median sale price $205K Median list price $200K Jul 2021 - Sep 2021 Median sale price $232K Median list price $225K Oct 2021 - Dec 2021 Median sale price $173K Median list price $150K Jan 2022 - Mar 2022 Median sale price $240K Median list price $320K Apr 2022 - Jun 2022 Median sale price $278K Median list price $190K Jul 2022 - Sep 2022 Median sale price $200K Median list price $200K Oct 2022 - Dec 2022 Median sale price $250K Median list price $220K Jan 2023 - Mar 2023 Median sale price $245K Median list price $400K Apr 2023 - Jun 2023 Median sale price Unknown Median list price $240K Jul 2023 - Sep 2023 Median sale price $380K Median list price $229K Oct 2023 - Dec 2023 Median sale price $225K Median list price $188K Jan 2024 - Mar 2024 Median sale price $155K Median list price $220K Apr 2024 - Jun 2024 Median sale price $235K Median list price $260K Jul 2024 - Sep 2024 Median sale price $223K Median list price $228K Oct 2024 - Dec 2024 Median sale price $220K Median list price $224K Jan 2025 - Mar 2025 Median sale price $301K Median list price $270K Apr 2025 - Jun 2025 Median sale price $276K Median list price $237K Jul 2025 - Sep 2025 Median sale price $229K Median list price $235K Oct 2025 - Dec 2025 Median sale price $230K Median list price $194K Jan 2026 - Mar 2026 Median sale price $145K Median list price $382K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
10
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 (Feb 2026 - Apr 2026).

Year-over-year, Silver Lake’s rolling three-month data shows a sharp reset in prices and activity. The typical home value is down significantly from a year ago, while the median list price over the same window has jumped more than 50 percent, highlighting a wide gap between seller expectations and recent sale prices.

Looking at supply and demand, active listings are up nearly 70 percent from last year, yet the market still only has about 1.5 months of supply, reinforcing its current seller’s market label. At the same time, new listings have roughly doubled and pending sales are up more than 150 percent year over year, indicating that more homes are coming to market and are being put under contract.

Conditions for individual sales have shifted as well, with the median days on market rising dramatically to around 84 days and no homes in this period closing above their list price. Even so, the average sale-to-list ratio is close to 97 percent, suggesting sellers are still achieving prices near what they ask, and buyers are negotiating within a relatively narrow range. In this evolving environment, both buyers and sellers in Silver Lake can benefit from Agent Pronto’s help in finding an agent who understands these trends and can guide their next move.



Learn more about what Silver Lake has to offer.

Silver Lake offers a welcoming, tight-knit community with convenient amenities, ample outdoor recreation, and affordable, family-friendly living for its residents.

Silver Lake is a small, close-knit community that offers practical everyday convenience with a relaxed, rural feel. Commuters appreciate its location along Highway 7 with straightforward access to Hutchinson and the western edge of the Twin Cities metro, while local streets stay calm and easy to navigate.

Daily life centers on accessible amenities. Groceries, services, and casual dining are all close to home, and residents make frequent use of Silver Lake City Hall and other local facilities for community events. Outdoor recreation is a major draw, with shoreline access at Legion Park and nearby Crow River trails offering space to walk, bike, fish, and unwind. Families value the area’s connection to the GSL Public Schools system as well as nearby libraries and youth programs in McLeod County.

Housing in Silver Lake ranges from well-kept older homes on tree-lined streets to newer construction on larger lots, giving buyers options at a more attainable price point than larger cities. Sellers benefit from steady interest from local residents and those relocating from Minneapolis, St. Paul, and the surrounding region in search of a quieter pace.

Understanding subtle differences between in-town locations, lake-adjacent properties, and surrounding rural parcels can be complex. A knowledgeable local real estate agent helps reduce stress for both buyers and sellers by navigating inventory, pricing, and timing with experience specific to Silver Lake. Agent Pronto connects you with that kind of expertise so your move feels more manageable from start to finish.

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 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
“Caitlin was wonderful for my fiancee and I as we were looking for our first home! Caitlin was incredibly prompt and was able to answer all of the questions we had. She was very easy to work with and we'd recommend her to anyone!”

Taylor · Moorhead, MN

Photo of Caitlin Wachsmuth
Vesta Real Estate Brokered by Exp Realty
“Rochelle was absolutely fantastic to work with! She got the job done by successfully selling my rental property in Fargo, ND, and made the entire process feel effortless on my end. Her communication was excellent from start to finish—always keeping me informed and answering any questions I had right away. I found Rochelle on the internet, and was a little reluctant because I didn't know her, but I'm very happy I chose her!! What really stood out was how easy she made everything. I didn’t even have to leave my house in Minneapolis, yet I still felt completely confident that everything was being handled professionally and efficiently. If you’re looking for a real estate agent who is reliable, responsive, and truly delivers results, I can’t recommend Rochelle enough!”

Robert Adams · Fargo, ND

Photo of Rochelle Roesler
Century 21 FM Realty
“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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