Housing · Silver Lake

Silver Lake, IN housing market

The typical Silver Lake home is worth about $199,000, up 9.5% in a year, 24% below the Indiana typical home.

Home values, sales, trends and how Silver Lake compares with the towns next door — updated as new data is published.

The market right now

Silver Lake at a glance

Typical home value
$199K
▲ 9.5% in a year · Zillow
Median sale price
$305K
May 2026 · Redfin
Homes sold
1
in May · 3 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

Silver LakeIndiana
$50K$100K$150K$200K$250K$300K 20182020202220242026 Silver Lake $199K Indiana $260K
Show as a table
JanuarySilver LakeIndiana
2017$100,000$135,000
2018$105,000$144,000
2019$110,000$154,000
2020$118,000$164,000
2021$133,000$183,000
2022$148,000$209,000
2023$159,000$227,000
2024$168,000$237,000
2025$180,000$249,000
2026$187,000$256,000
August 2026$199,000$260,000
The homes

Owners, rent & taxes

Homeownership
79.2%
Median tax bill
$911
Median rent
$1,158
Typical home built
1957

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,090

HUD's Fair Market Rent for a two-bedroom in Silver Lake is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Silver Lake pay a median of $1,158.

1 bedroom
$840
a month, with utilities
2 bedrooms
$1,090
a month, with utilities
3 bedrooms
$1,320
a month, with utilities

Studio $830 · 4 bedrooms $1,480

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46982; Fulton County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Silver Lake

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01