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Foreclosure Homes in Silver Lake, MN

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Silver Lake, MN Foreclosures

Current Market Conditions in in Silver Lake, MN As of June 2026?
Home values: +4.99% MoM; rent: +0.00% MoM.
How much do homes sell for in Silver Lake, MN?
The average home price is currently $310,254.
In Silver Lake, MN, how many homes are available?
There are currently 3 active home listings available in Silver Lake.
What’s the average rental cost in Silver Lake, MN?
The average rental price in Silver Lake is $1,494.
What is the most expensive home in Silver Lake?
The most expensive home sold in Silver Lake had a price of $2,010,440.
What is currently the cheapest priced home in Silver Lake, MN?
The cheapest home for sale in Silver Lake is priced at $23,276.

Living in Silver Lake, MN

Silver Lake, Minnesota is a quiet McLeod County community near Hutchinson and Glencoe, offering small-town housing, lake recreation, and practical access to regional services along Highway 7.

Buyer vs Seller Market in Silver Lake, MN

Median home value: $273,929 as of 2026-05-14.

Median rent: $1,430 as of 2026-05-14.

Home values: +4.99% MoM, +3.46% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Silver Lake, MN

There are currently 685 real estate properties in Silver Lake, MN, with a median automated valuation model (AVM) price of $273,929.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Silver Lake, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Silver Lake, MN, is $310,254.00, with the most expensive house in Silver Lake, MN, topping out at $2,010,440.00 and the cheapest home in Silver Lake, MN, clocking in at $23,276.00. In other words, there’s something for every potential homebuyer or savvy investor in Silver Lake, MN!

Rent Prices In Silver Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Silver Lake, MN, is on a rollercoaster ride. The average rent price in Silver Lake, MN, is $1,494.00. Indeed, when looking to rent in Silver Lake, MN, you can expect to pay as little as $740.00 or as much as $2,480.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Silver Lake, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Silver Lake, MN Foreclosures

Market Trend for Silver Lake, MN

Total Listings Available: 3

Market Values:

Home Prices from $23,276 to $2,010,440

Average Sales Price: $310,254

Rental Values:

Rental from $740 to $2,480

Average Rent Value: $1,494 / month

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