Active Listings
28
⇩ 17.6% vs 34 last year
Data as of July 2026. Source: Realtor.com.
The SILVER BAY, MN real estate market (55614) currently shows 28 active listings, with 8 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 46 days on market compared to 60 days last year.
The median listing price has risen 19% year-over-year, from $205,500 to $244,450.
Whether you are buying or selling in SILVER BAY, 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: 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 July 2026, there are 28 active listings in SILVER BAY, MN (zip code 55614), compared to 34 the prior year.
The median listing price in SILVER BAY, MN 55614 is $244,450 as of July 2026, a 19% increase from $205,500 the prior year.
Homes in SILVER BAY, MN 55614 spend an average of 46 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SILVER BAY, MN 55614 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in SILVER BAY, MN 55614 save an estimated $4,889 compared to a typical 5% commission on the median listing price of $244,450. 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.