55381
Silver Lake, Minnesota.
Silver Lake, McLeod County, MN · Hutchinson, MN metro · population 1,819
to buy the typical home at today's mortgage rate — +$860 (+115%) since Jan 2020.
- 1 year
- Down $113 -0%
- $306,237$306,123 since Sep 2025
- 5 years
- Up $56,664 +23%
- $249,460$306,123 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 55381$1,607
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 55381 fell 0.0% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Silver Lake, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 55381
Mid-tier homes, smoothed and seasonally adjusted.
- 55381$306,123
- Hutchinson$297,248
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.4 | 55354 | Lester Prairie | 3,159 | — | $317,659 |
| 6.5 | 55395 | Winsted | 2,723 | — | $291,107 |
| 10.3 | 55350 | Hutchinson | 18,610 | $1,183 | $298,220 |
| 10.6 | 55367 | New Germany | 1,122 | — | $395,101 |
| 10.8 | 55349 | Howard Lake | 3,549 | — | $345,123 |
| 10.8 | 55321 | Cokato | 5,646 | — | $333,705 |
| 11.2 | 55336 | Glencoe | 8,296 | — | $295,375 |
| 12.5 | 55370 | Plato | 558 | — | $360,753 |
| 12.7 | 55325 | Dassel | 4,795 | — | $350,346 |
| 13.0 | 55360 | Mayer | 3,341 | — | $391,158 |
| 14.0 | 55390 | Waverly | 3,492 | — | $356,337 |
| 14.5 | 55397 | Young America | 3,404 | — | $346,990 |
| 14.7 | 55324 | Darwin | 1,179 | — | $383,853 |
| 15.6 | 55363 | Montrose | 5,814 | — | $325,609 |
| 16.6 | 55388 | Watertown | 5,893 | — | $379,717 |
| 17.0 | 55312 | Brownton | 1,428 | — | $299,701 |
| 17.7 | 55339 | Hamburg | 942 | — | $350,149 |
| 18.9 | 55368 | Norwood Young America | 1,775 | — | $358,172 |
| 19.8 | 55328 | Delano | 10,019 | — | $440,922 |
| 20.0 | 55385 | Stewart | 1,337 | — | $274,464 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.