The median home in Silver Lake, Minnesota is valued at $297,331, up 3.8% year over year. Silver Lake is part of the Hutchinson, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$297,331

+3.8%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$59,466 on $297,331

Example: $75,000 household income. Change it above to see your own.

Stretch30.9% of income

Above 28% but manageable with cuts.

PITI$1,931

P/I30.9%

Afford$269K

Gap-$28K

P&I $1,503Tax $278Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Silver Lake with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Hutchinson, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Hutchinson, MN metro.

View Hutchinson, MN metro

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Silver Lake, MN