The Home Guard Silver Medal (Swedish: Hemvärnets silvermedalj, HvSM[1]) is a Swedish reward medal established in 1951 by the National Home Guard Council (Rikshemvärnsrådet).

It is awarded for significant service contributed to the development of the Home Guard.

[2] The silver medal, of round shape, is on the obverse provided with the Home Guard's emblem with the inscription "Sweden's Home Guard" and on the reverse with a laurel wreath and the possibility of embossing names and years.

For Home Guard musicians, the reverse side is also marked with a music sign.

[2] Decisions on awarding are made by the Home Guard Council (Hemvärnsråd).