Market Overview
Home Prices in Side Lake, MN
The median home value in Side Lake, MN is $357,213 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.6% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Side Lake are priced13% below average. Side Lake is part of the Duluth, MN-WI metro area.
Over the past five years, Side Lake home values have risen by approximately43.5%, reflecting strong long-term appreciation in this market.
Price History
Side Lake Home Price Trend
City Comparison
Side Lake vs. National Median
At $357,213, homes in Side Lake cost 13% below the national median of $410,000. This makes Side Lake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Side Lake?
20% Down Payment
$71,443
on $357,213
Monthly P&I
$1,863/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,366/mo
incl. taxes & insurance
Income Needed
$94,640
gross annual (30% rule)
10% Down Option
$35,721
+ PMI applies
Loan Amount (20% dn)
$285,770
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Side Lake, MN?
The median home value in Side Lake is $357,213 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.6% year-over-year.
How much have home prices changed in Side Lake?
Over the past year, home values in Side Lake have increased by 10.6%. Over five years, prices have risen approximately 43.5%.
How much do I need to earn to buy a home in Side Lake?
To comfortably afford the median home price of $357,213 with a 20% down payment ($71,443) at today's rates (6.8%), you'd need a gross annual income of approximately $94,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Side Lake compare to the national average home price?
The national median home value is approximately $410,000. At $357,213, homes in Side Lake are 13% below the national average.
What metro area is Side Lake part of?
Side Lake is part of the Duluth, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.