Active Listings
34
⇩ 8.1% vs 37 last year
Data as of September 2026. Source: Realtor.com.
The SILVER BAY, MN real estate market (55614) currently shows 34 active listings, with 8 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 47 days on market compared to 91 days last year.
The median listing price has risen 85.7% year-over-year, from $175,500 to $325,975.
Population: 2,390 · Density: 4.2/mi² · Median household income: $69,924
Typical home value: $157,476 · Homeownership: 84.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55614 | Silver Bay, MN 55614 | 0.0 mi | 26 | $7,065,318 | $171,750 | $271,743 |
| 55616 | Two Harbors, MN 55616 | 14.7 mi | 42 | $12,666,024 | $242,475 | $301,572 |
| 55607 | Isabella, MN 55607 | 19.3 mi | 4 | $805,900 | $190,975 | $201,475 |
| 55750 | Hoyt Lakes, MN 55750 | 29.9 mi | 7 | $1,968,547 | $168,050 | $281,221 |
| 55615 | Tofte, MN 55615 | 36.0 mi | 8 | $3,078,000 | $364,750 | $384,750 |
| 55804 | Duluth, MN 55804 | 38.5 mi | 23 | $20,464,135 | $649,900 | $889,745 |
| 55705 | Aurora, MN 55705 | 39.9 mi | 17 | $3,330,113 | $181,950 | $195,889 |
| 54827 | Cornucopia, WI 54827 | 41.4 mi | 3 | $4,057,350 | $1,352,450 | $1,352,450 |
| 54865 | Port Wing, WI 54865 | 42.6 mi | 3 | $1,726,566 | $475,000 | $575,522 |
| 55732 | Embarrass, MN 55732 | 43.8 mi | 2 | $893,900 | $446,950 | $446,950 |
| 55731 | Ely, MN 55731 | 46.0 mi | 36 | $20,956,104 | $375,500 | $582,114 |
| 55724 | Cotton, MN 55724 | 47.3 mi | 4 | $1,653,000 | $413,250 | $413,250 |
| 55782 | Soudan, MN 55782 | 48.9 mi | 3 | $291,000 | $97,000 | $97,000 |
As of September 2026, there are 34 active listings in SILVER BAY, MN (zip code 55614), compared to 37 the prior year.
The median listing price in SILVER BAY, MN 55614 is $325,975 as of September 2026, a 85.7% increase from $175,500 the prior year.
Homes in SILVER BAY, MN 55614 spend an average of 47 days on the market before going under contract, compared to 91 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SILVER BAY, MN 55614 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 47 days on market compared to 91 days last year.
With SELL123.com's maximum 3% commission, sellers in SILVER BAY, MN 55614 save an estimated $6,520 compared to a typical 5% commission on the median listing price of $325,975. 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.