Silver, MN housing market
Home prices around Silver have risen about 57% over the past 5 years.
Home values, sales, trends and how Silver compares with the towns next door — updated as new data is published.
Home prices up 57% in 5 years
The federal house price index for the ZIP codes around Silver rose 57% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 6.9%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +6.9% | +161% | +127% |
| 2024 | +23% | +144% | +120% |
| 2023 | −16% | +99% | +113% |
| 2022 | +24% | +137% | +104% |
| 2021 | +15% | +91% | +82% |
| 2020 | −3.4% | +67% | +66% |
| 2019 | +17% | +73% | +61% |
| 2018 | +2% | +48% | +55% |
| 2017 | +0.1% | +45% | +46% |
| 2016 | +7% | +45% | +38% |
| 2015 | −2.8% | +35% | +32% |
| 2014 | +10% | +39% | +28% |
| 2013 | −5.4% | +26% | +21% |
| 2012 | +0.7% | +33% | +16% |
| 2011 | −3.2% | +33% | +18% |
| 2010 | −9.7% | +37% | +25% |
| 2009 | +7.9% | +52% | +33% |
| 2008 | −9.4% | +41% | +42% |
| 2007 | +4.7% | +55% | +48% |
| 2006 | +1.9% | +48% | +49% |
| 2005 | +9.9% | +45% | +45% |
| 2004 | +12% | +32% | +34% |
| 2003 | +2.3% | +18% | +23% |
| 2002 | +6.8% | +15% | +18% |
| 2001 | +8.1% | +8.1% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55767, 55757, covering 52% of Silver’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Silver and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Silver | — | +6.9%† | $1,160 | — | $81,250 |
| Sturgeon Lake | $277K | +3.4% | $1,170 | 1 | $81,875 |
| Moose Lake | — | +6.9%† | $1,160 | 0 | $64,286 |
| Moose Lake | $288K | +5% | $1,160 | — | $86,696 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,160
HUD's Fair Market Rent for a two-bedroom in Silver is $1,160 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Silver pay a median of $1,094.
Studio $810 · 4 bedrooms $1,870
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55757, 55767; Duluth, MN-WI MSA), 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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.