Active Listings
4
⇩ 33.3% vs 6 last year
Data as of February 2026. Source: Realtor.com.
The SILVER LAKE, MN real estate market (55381) currently shows 4 active listings, with 3 pending sales. Homes are averaging 61 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 61 days on market compared to 86 days last year.
The median listing price has fallen 54.3% year-over-year, from $867,500 to $396,250.
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 | 5 | $2,691,500 | $334,950 | $538,300 |
| 55395 | Winsted, MN 55395 | 6.5 mi | 7 | $3,023,580 | $300,000 | $431,940 |
| 55367 | New Germany, MN 55367 | 10.6 mi | 2 | $1,950,000 | $975,000 | $975,000 |
| 55321 | Cokato, MN 55321 | 10.8 mi | 9 | $2,937,501 | $364,450 | $326,389 |
| 55370 | Plato, MN 55370 | 12.5 mi | 1 | $659,900 | $659,900 | $659,900 |
| 55360 | Mayer, MN 55360 | 13.0 mi | 14 | $6,026,230 | $429,990 | $430,445 |
| 55397 | Young America, MN 55397 | 14.5 mi | 5 | $1,549,700 | $330,000 | $309,940 |
| 55363 | Montrose, MN 55363 | 15.5 mi | 30 | $11,059,170 | $396,900 | $368,639 |
| 55312 | Brownton, MN 55312 | 17.0 mi | 5 | $1,480,375 | $277,150 | $296,075 |
| 55368 | Norwood Young America, MN 55368 | 19.0 mi | 4 | $3,707,680 | $399,900 | $926,920 |
| 55385 | Stewart, MN 55385 | 20.0 mi | 2 | $329,800 | $164,900 | $164,900 |
| 55387 | Waconia, MN 55387 | 20.5 mi | 46 | $24,433,912 | $550,000 | $531,172 |
| 55302 | Annandale, MN 55302 | 22.2 mi | 35 | $21,296,205 | $379,400 | $608,463 |
As of February 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 $396,250 as of February 2026, a 54.3% decrease from $867,500 the prior year.
Homes in SILVER LAKE, MN 55381 spend an average of 61 days on the market before going under contract, compared to 86 days the prior year.
Based on current inventory and days-on-market data as of February 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 61 days on market compared to 86 days last year.
With SELL123.com's maximum 3% commission, sellers in SILVER LAKE, MN 55381 save an estimated $7,925 compared to a typical 5% commission on the median listing price of $396,250. 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.