Data as of March 2026. Source: Realtor.com.
The SILVER LAKE, MN real estate market (55381) currently shows 4 active listings, with 3 pending sales. Homes are averaging 8 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 8 days on market compared to 117 days last year.
The median listing price has risen 73.5% year-over-year, from $385,000 to $668,000.
Whether you are buying or selling in SILVER LAKE, MN, 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.
Population: 1,837 · Density: 16.0/mi² · Median household income: $81,103
Typical home value: $227,516 · Homeownership: 86.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55381 | Silver Lake, MN 55381 | 0.0 mi | 4 | $1,585,000 | $396,250 | $396,250 |
| 55395 | Winsted, MN 55395 | 6.5 mi | 8 | $3,178,144 | $307,450 | $397,268 |
| 55367 | New Germany, MN 55367 | 10.6 mi | 3 | $2,124,924 | $784,975 | $708,308 |
| 55321 | Cokato, MN 55321 | 10.8 mi | 9 | $2,912,967 | $364,113 | $323,663 |
| 55370 | Plato, MN 55370 | 12.5 mi | 2 | $450,000 | $225,000 | $225,000 |
| 55360 | Mayer, MN 55360 | 13.0 mi | 15 | $6,697,230 | $433,400 | $446,482 |
| 55397 | Young America, MN 55397 | 14.5 mi | 10 | $3,484,200 | $359,900 | $348,420 |
| 55363 | Montrose, MN 55363 | 15.5 mi | 28 | $10,499,720 | $394,924 | $374,990 |
| 55312 | Brownton, MN 55312 | 17.0 mi | 4 | $1,359,800 | $339,950 | $339,950 |
| 55368 | Norwood Young America, MN 55368 | 19.0 mi | 5 | $5,957,020 | $1,012,450 | $1,191,404 |
| 55385 | Stewart, MN 55385 | 20.0 mi | 1 | $176,200 | $176,200 | $176,200 |
| 55387 | Waconia, MN 55387 | 20.5 mi | 55 | $29,400,525 | $533,700 | $534,555 |
| 55302 | Annandale, MN 55302 | 22.2 mi | 32 | $20,475,584 | $394,900 | $639,862 |
As of March 2026, there are 4 active listings in SILVER LAKE, MN (zip code 55381), compared to 6 the prior year.
The median listing price in SILVER LAKE, MN 55381 is $668,000 as of March 2026, a 73.5% increase from $385,000 the prior year.
Homes in SILVER LAKE, MN 55381 spend an average of 8 days on the market before going under contract, compared to 117 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SILVER LAKE, MN 55381 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 8 days on market compared to 117 days last year.
With SELL123.com's maximum 3% commission, sellers in SILVER LAKE, MN 55381 save an estimated $13,360 compared to a typical 5% commission on the median listing price of $668,000. 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.