Silver Bay, MN Real Estate Market Summary – September 8, 2026
The real estate market in Silver Bay, MN, has seen 5 homes sold in the last month, averaging a pace of 1 every 6 days. The average living area for these homes is about 1,822 square feet, and they were built on average in 1958.
| Metric | 30 Days |
|---|---|
| Number Sold | 5 |
| Sold Per Day | 1 every 6.00 days |
| Average SQFT | 1822 |
| Median Sales Price | $198,000 |
| Average Sales Price | $183,700 |
| Average Price Per SQFT | $100 |
| Average Days on Market | 15 |
| Average Year Built | 1958 |
Silver Bay, MN Single Family Home Analysis
In the single-family segment, 5 homes were sold, with a median sale price of $198,000 and an average price per square foot of $100. Homes had an average of 15 days on the market before being purchased.
| Metric | 30 Days |
|---|---|
| Number Sold | 5 |
| Sold Per Day | 1 every 6.00 days |
| Average SQFT | 1822 |
| Median Sales Price | $198,000 |
| Average Sales Price | $183,700 |
| Average Price Per SQFT | $100 |
| Average Days on Market | 15 |
| Average Year Built | 1958 |
Silver Bay, MN Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- 5 homes were sold in total.
- Average days on market was around 15.
- Median sale price was $198,000.
- This data does not include sale prices for condos or townhomes.
Conclusion
Overall, the Silver Bay real estate market demonstrates average characteristics with relatively quick days on the market. The absence of condo and townhome sales may indicate a lack of activity in that segment.