Silver Bay Housing Information - Census

IndexSilver BayMinnesotaNational
Median home price$92,300$185,200$175,700
Median rent asked$666$835$920
Avg. people per household1.92.42.6
Owner occupied households85.6%72.1%64.4%
Renter occupied households14.4%27.9%35.6%

Silver Bay Housing Information - Zillow

IndexSilver BayMinnesotaNational
Zillow home value indexn/a$205,200$196,500
Year over year appreciation raten/a8.17%6.79%
5 year average appreciation raten/a6.58%5.28%
10 year average appreciation raten/a-0.12%0.01%

Did you know?

  • The median home price in Silver Bay is 47% lower than the national average.
  • The median rent asked in Silver Bay is 28% lower than the national average.
  • The average number of people per household in Silver Bay is 28% lower than the national average.
  • The number of owner occupied households in Silver Bay is 33% higher than the national average.
  • The number of renter occupied households in Silver Bay is 59% lower than the national average.

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Compare Silver Bay, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Finland, MN215$142,90019%
Beaver Bay, MN141$205,00017%
Silver Bay, MN1,752$92,30047%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Rural Hill, TN1,752$212,90021%
Pilot Mountain, NC1,752$138,90021%
Trainer, PA1,752$108,50038%
Willard, UT1,752$178,7002%
Plentywood, MT1,752$128,60027%
Silver Bay, MN1,752$92,30047%
Source: The Silver Bay, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.