Silver Lake MN Multi Family for Sale

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Silver Lake Real Estate

The median home value in Silver Lake, MN is $232,250. This is lower than the county median home value of $254,400. The national median home value is $338,100. The average price of homes sold in Silver Lake, MN is $232,250. Approximately 70.29% of Silver Lake homes are owned, compared to 18.12% rented, while 11.59% are vacant. Silver Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Silver Lake real estate agent to arrange a tour today!

Silver Lake, Minnesota has a population of 850. Silver Lake is more family-centric than the surrounding county with 41.99% of the households containing married families with children. The county average for households married with children is 29.57%.

The median household income in Silver Lake, Minnesota is $62,000. The median household income for the surrounding county is $67,067 compared to the national median of $69,021. The median age of people living in Silver Lake is 38.6 years.

Silver Lake Weather

The average high temperature in July is 83.2 degrees, with an average low temperature in January of 3 degrees. The average rainfall is approximately 29.8 inches per year, with 43.6 inches of snow per year.

Silver Lake Real Estate Market Conditions

  • Median sales price

    $232,250
    11% change since last quarter
  • # Active listings

    12
    30-day change

Silver Lake Schools and Demographics

Education near Silver Lake, MN

Metric City County
High School Graduates 87.09 93.79
College Degree - 2 year 11.7 16.19
College Degree - 4 year 7.06 19.29
Graduate Degree 0.34 4.82
Expenditures per Student 14,254 14,254
Students per Teacher 16.1 16.1

Elementary Schools near Silver Lake, MN

School Grades Students P/T Ratio ZIP
Hutchinson Park Elementary School 02 - 05 857 14.3 55350
Hutchinson West Elementary School PK - 01 463 14.2 55350
Lakeside Elementary School 03 - 06 472 15.3 55381
Lester Prairie Elementary School PK - 06 249 14.1 55354
New Discoveries Montessori Academy KG - 08 160 12.8 55350
Winsted Elementary School PK - 04 215 11 55395

Middle Schools near Silver Lake, MN

School Grades Students P/T Ratio ZIP
Howard Lake Middle School 05 - 08 305 17.6 55349
Hutchinson Middle School 06 - 08 652 17.8 55350

High Schools near Silver Lake, MN

School Grades Students P/T Ratio ZIP
Howard Lake-Waverly-Winsted Secondary School 09 - 12 301 14.8 55349
Hutchinson Senior High School 09 - 12 906 17.1 55350
Lester Prairie Secondary School 07 - 12 181 14.7 55354
New Century Academy 07 - 12 129 9.1 55350

Ungraded Schools near Silver Lake, MN

School Grades Students P/T Ratio ZIP
* Crow River Area Learning Center 09 - 12 7 6 55350
* HLWW Alternative Learning Program 09 - 12 10 5 55349
* Hutchinson Night Alternative Learning Center 09 - 12 8 55350
* Westside Alternative Program 07 - 12 11 19.6 55349
* Wings Alternative Program 07 - 12 11 11.1 55349
Cornerstone KG - 12 17 55350
Cornerstones Program 06 - 12 33 6.6 55349
Meeker-Wright Early Childhood SP Ed PK - PK 70 16.7 55349
Trek Program KG - 12 8 2.7 55349
Village Ranch Alternative Program 05 - 12 39 6.5 55349

Demographics near Silver Lake, MN

Metric City County
Neighborhood Type Small town
Population 850 36,662
Population Density 2,099 75
Median Age 38.6 40.8
People per Household 2.3 2.5
Median Household Income 62,000 67,067
Average Income per Capita 32,700 36,575