A+
49%
Med. Home Val. NAT. AVG.
14%
Rent NAT. AVG.
37%
Owner Occ. NAT. AVG.
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Silver Bay Housing Information

IndexSilver BayMinnesotaNational
Median home price$94,900$191,500$184,700
Median rent asked$812$873$949
Avg. people per household1.72.42.6
Owner occupied households87.4%71.4%63.6%
Renter occupied households12.6%28.6%36.4%
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Housing Quick Facts

  • The median home price in Silver Bay is 49% lower than the national average.
  • The median rent asked in Silver Bay is 14% lower than the national average.
  • The average number of people per household in Silver Bay is 33% lower than the national average.
  • The number of owner occupied households in Silver Bay is 37% higher than the national average.
  • The number of renter occupied households in Silver Bay is 65% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Finland, MN208$120,70035%
      Beaver Bay, MN64$175,0005%
      Silver Bay, MN1,610$94,90049%

      Cities with similar population

       PopulationHome PriceNational Avg.
      East Valley, NV1,610$714,800287%
      Fall Creek, WI1,610$140,80024%
      Folsom, NJ1,610$185,4000%
      Dauphin Island, AL1,610$309,10067%
      Coldwater, MS1,609$75,90059%
      Silver Bay, MN1,610$94,90049%
      Source: The Silver Bay, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).