Silver Lake, MN Home Values & Market Trends

Real estate market trends reflect that there have been 14 transactions over the past year in Silver Lake. The median value for residential home transactions that occurred over the previous year is $250,330.43. The number of current listings in Silver Lake is 0, and the percentage of properties for sale in the city is 0.00%. Silver Lake, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 0 properties for sale.

Silver Lake, MN Real Estate Market Overview

ZipMedian Est. Value
55381

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Housing Market Summary for Silver Lake, MN

Apr 2023March 2024Change
Median Listing Price$424.9K$205.1K-51.72%
Median Sold Price$255.6K$205.1K-19.74%
Homes For Sale12100.00%
Homes Sold179-47.06%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Silver Lake, MN

Silver Lake home values range from $22,914 to $1,065,008. The median estimated value of a home in Silver Lake is $250,330.43. The median list price of a home is 0, and the total count of properties in the city is 621.

Foreclosure
There is 1 zips within Silver Lake, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $280,692 in 55381 to the lowest value of $280,692 in 55381. Foreclosure homes account for 0.00% of properties in Silver Lake, MN with 55381 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Silver Lake, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Silver Lake, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Silver Lake, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Silver Lake, MN. There is 1 zips within Silver Lake, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    55381 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Silver Lake, MN. Auction homes and other auction properties account for 0.16% of all properties in Silver Lake, MN. There is 1 zips within Silver Lake, MN; of that zips, the median estimated home value for homes going to auction ranges from $280,692 in 55381 to the lowest value of $280,692 in 55381.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in Silver Lake, MN with 55381 containing 0 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Silver Lake, MN; homes for sale in that zips, have a range of median values from $0 in 55381 to the lowest value of $0 in 55381.
    Sold Homes
    The median value for recently sold homes ranges from $274,582 in 55381 to the lowest price of $32,696 in 55381. There is 1 zips within Silver Lake, MN. 55381 has 18 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.90% of properties in Silver Lake, MN.

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      Guide for Silver Lake, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Silver Lake, MN

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