Silver Bay, MN Housing Market

Homes for sale

The Silver Bay housing market is somewhat competitive. The median sale price of a home in Silver Bay was $170K last month, up 3.1% since last year. The median sale price per square foot in Silver Bay is $221, up 36.4% since last year.

Trends
Demand
Migration
Schools
Climate

Silver Bay Housing Market Trends

What is the housing market like in Silver Bay today?

$170K

Sale Price

+3.1%
since last year

$221

Sale $/Sq. Ft.

+36.4%
since last year

Under List Price

3.8%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Silver Bay and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Silver Bay add value to a home.

How hot is the Silver Bay housing market?

Silver Bay is somewhat competitive. Homes sell in 83 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 83 days.
Hot homes
can sell for around list price and go pending in around 44 days.

Silver Bay Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Silver Bay that sold recently

Recently sold homes

SOLD JUN 20, 2025
Unknown Last Sold Price
—beds
—baths
—sq ft
Lot 3 Birch Hill Rd, Silver Bay, MN 55614
List Price
—
Sale to List
—
Days on Market
66 days
Lot 3 Birch Hill Rd, Silver Bay, MN 55614
SOLD JUN 20, 2025
Unknown Last Sold Price
—beds
—baths
—sq ft
Lot 15 Birch Hill Rd, Silver Bay, MN 55614
List Price
—
Sale to List
—
Days on Market
66 days
Lot 15 Birch Hill Rd, Silver Bay, MN 55614
SOLD JUN 20, 2025
Unknown Last Sold Price
—beds
—baths
—sq ft
Lot 14 Birch Hill Rd, Silver Bay, MN 55614
List Price
—
Sale to List
—
Days on Market
66 days
Lot 14 Birch Hill Rd, Silver Bay, MN 55614
SOLD JUN 18, 2025
$68,500 Last Sold Price
—beds
—baths
—sq ft
59 Burk Dr, Silver Bay, MN 55614
List Price
$85,000
Sale to List
19% under list
Days on Market
53 days
59 Burk Dr, Silver Bay, MN 55614
SOLD JUN 17, 2025
$215,000 Last Sold Price
—beds
—baths
—sq ft
TBD Mount Rockwood Rd, Silver Bay, MN 55614
List Price
$250,000
Sale to List
14% under list
Days on Market
419 days
TBD Mount Rockwood Rd, Silver Bay, MN 55614
SOLD JUN 16, 2025
$173,000 Last Sold Price
3 beds
1 bath
1,920 sq ft
58 Horn Blvd, Silver Bay, MN 55614
List Price
$179,900
Sale to List
4% under list
Days on Market
163 days
58 Horn Blvd, Silver Bay, MN 55614
SOLD JUN 13, 2025
$148,000 Last Sold Price
2 beds
1 bath
1,728 sq ft
19 Gibson Rd, Silver Bay, MN 55614
List Price
$149,900
Sale to List
1% under list
Days on Market
160 days
19 Gibson Rd, Silver Bay, MN 55614
SOLD JUN 13, 2025
$249,900 Last Sold Price
1 bed
—baths
680 sq ft
3158 God's Wilderness Rd, Silver Bay, MN 55614
List Price
$249,900
Sale to List
0% over list
Days on Market
114 days
3158 God's Wilderness Rd, Silver Bay, MN 55614
See all recently sold homes in Silver Bay.
See listings

Schools in Silver Bay

Learn about schools in the Silver Bay area

Elementary
Middle
High

GreatSchools Rating

7/10

William Kelley Elementary School

Public • PreK-6

173

Students

1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Silver Bay housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Silver Bay.

Heat Factor - Minimal

100% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Silver Bay

New Listings in Silver Bay

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