Commercial Real Estate Market in Silver Lake, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 103 off-market properties in Silver Lake, IN.
Market Trends
Silver Lake, IN spans 44.5 square miles in Kosciusko County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Silver Lake, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Silver Lake, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Silver Lake, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Silver Lake, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Silver Lake, IN has 2,602 residents in 1,445 households. Density runs 58 people per square mile. Median household income here is $75,709 and median gross rent $1,006 a month.
2,602
Population
1,445
Households
1.8
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
58
Density / Sq Mi
$75,709
Median Household Income
$50,668
Median Earnings
$1,006
Median Rent
$175,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Claypool | — | — |
| Burket | — | — |
| Laketon | — | — |
| Akron | — | — |
Commercial property in Silver Lake, IN asks $389/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Silver Lake?
Commercial property in Silver Lake, IN asks an average of $389 per square foot. The 3 most recent recorded sales traded at a median of $64/SF, so asking sits 504% above the achieved median.
Where does Realmo's Silver Lake market data come from?
Realmo compiles Silver Lake, IN figures from 3 recent recorded sales, 3 active sale listings, 103 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Silver Lake, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
