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SILVER LAKE, IN 46982

Real Estate Market Report  ·  Kosciusko County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SILVER LAKE, IN real estate market (46982) currently shows 8 active listings, with 2 pending sales. Homes are averaging 128 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 128 days on market compared to 61 days last year.

The median listing price has risen 91.3% year-over-year, from $109,750 to $210,000.

Whether you are buying or selling in SILVER LAKE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,730  ·  Density: 23.7/mi²  ·  Median household income: $70,813

Typical home value: $164,397  ·  Homeownership: 85.4%

Market Overview

Active Listings
8
⇧ 60% vs 5 last year
Pending
2
25% pending ratio
Median Price
$210,000
⇧ 91.3% vs $109,750 last year
Average Price
$201,729
⇧ 85.9% vs $108,538 last year
Days on Market
128
⇧ 109.8% vs 61 days last year

Price Per Square Foot

Median $/sqft
$146
⇧ 65.9% vs $88/sqft last year
Median Home Size
1,318 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 5 last year
  • Days on market: 128 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $210,000 (+91.3% YoY)
  • Average: $201,729 (+85.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.0 miles — 154 listings ($48,903,274 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46982Silver Lake, IN 469820.0 mi8$1,499,992$182,450$187,499
46974Roann, IN 469747.8 mi2$665,000$332,500$332,500
46508Burket, IN 465088.0 mi2$320,000$160,000$160,000
46539Mentone, IN 4653910.4 mi1$588,888$588,888$588,888
46590Winona Lake, IN 4659011.7 mi8$3,710,280$429,683$463,785
46951Macy, IN 4695113.7 mi9$1,920,816$189,999$213,424
46562Pierceton, IN 4656214.5 mi8$1,785,504$214,900$223,188
46582Warsaw, IN 4658215.7 mi24$8,900,256$350,000$370,844
46975Rochester, IN 4697519.0 mi36$10,627,416$222,500$295,206
46992Wabash, IN 4699219.0 mi39$9,707,451$219,900$248,909
46931Fulton, IN 4693121.1 mi1$84,500$84,500$84,500
46555North Webster, IN 4655521.4 mi7$4,662,399$444,500$666,057
46501Argos, IN 4650122.0 mi9$4,430,772$486,950$492,308

Frequently Asked Questions

How many homes are for sale in SILVER LAKE, IN 46982?

As of March 2026, there are 8 active listings in SILVER LAKE, IN (zip code 46982), compared to 5 the prior year.

What is the median home price in SILVER LAKE, IN 46982?

The median listing price in SILVER LAKE, IN 46982 is $210,000 as of March 2026, a 91.3% increase from $109,750 the prior year.

How long do homes stay on the market in SILVER LAKE, IN?

Homes in SILVER LAKE, IN 46982 spend an average of 128 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in SILVER LAKE, IN 46982?

Based on current inventory and days-on-market data as of March 2026, SILVER LAKE, IN 46982 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 128 days on market compared to 61 days last year.

How much can I save on real estate commission in SILVER LAKE, IN?

With SELL123.com's maximum 3% commission, sellers in SILVER LAKE, IN 46982 save an estimated $4,200 compared to a typical 5% commission on the median listing price of $210,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.