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Market report, updated
Lake County Home Values and Market Report
Search in the county of Lake
Market at a glance
Over the last 12 months, homes sold for 95.3% of list price in 165 days on average.
Average price, last 12 months
What sellers asked vs. what homes actually sold for, by closing month.
Homes sold per month
Closed sales, last 12 months.
Peak: 10 sales in Nov. Last month: 3.
Where the market stands
All homes in this report, by status.
Buyer's or seller's market?
Months it would take to sell every active home at the pace of the last 6 months.
Buyers have room to negotiate in this market.
Average price by status
Average days on market
Browse homes by status
Choose a status to see its numbers, charts and listings.
Active homes
Currently for salePrice vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
24 homes didn’t report living area and aren’t shown.
How long homes have been listed
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
23 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes in this status.
All active listings
63 of 64 homes have a map location. Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
|---|---|---|---|---|---|---|
| 1624 Superior Shores Drive Unit Unit 85 Share 8Two Harbors, MN 55616 | 2 | 2 | 1,250 | $65,000 | $52 | 4 days |
| TBD Highway 1Isabella, MN 55607 | — | — | — | $29,900 | — | 10 days |
| 38 Evans CircleSilver Bay, MN 55614 | 2 | 2 | 1,860 | $189,000 | $101 | 12 days |
| TBD Hwy 1Finland, MN 55603 | — | — | — | $189,000 | — | 13 days |
| 6269 Highway 1Silver Bay, MN 55614 | 1 | — | 140 | $160,000 | $1,142 | 16 days |
| 8098 Ninemile Ridge RoadFinland, MN 55603 | 1 | 1 | 504 | $300,000 | $595 | 23 days |
| 825 Kawishiwi TrailEly, MN 55731 | 3 | 2 | 1,378 | $865,000 | $627 | 27 days |
| 128 E Lakeview DrSilver Bay, MN 55614 | 3 | 3 | 1,778 | $779,500 | $438 | 28 days |
| 12XX Reeves RoadTwo Harbors, MN 55616 | — | — | — | $225,000 | — | 30 days |
| 3098 Whyte RoadTwo Harbors, MN 55616 | — | — | — | $227,050 | — | 36 days |
Under contract homes
Pending and contingent salesPrice vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
4 homes didn’t report living area and aren’t shown.
Days on market before going under contract
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
4 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes in this status.
All under contract listings
Every home in this list is on the map. Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
|---|---|---|---|---|---|---|
| 122 E Lakeview DrSilver Bay, MN 55614 | 3 | 3 | 1,778 | $750,000 | $421 | 35 days |
| XXX Wales RoadTwo Harbors, MN 55616 | — | — | — | $48,900 | — | 41 days |
| 4223 S Thomas Lake RoadTwo Harbors, MN 55616 | 1 | — | 504 | $254,900 | $505 | 41 days |
| 2413 20th AvenueTwo Harbors, MN 55616 | 3 | 3 | 1,926 | $440,000 | $228 | 49 days |
| 2626 Ridgeview DriveTwo Harbors, MN 55616 | 3 | 2 | 1,008 | $460,000 | $456 | 59 days |
| 3451 E Alger GradeTwo Harbors, MN 55616 | — | — | — | $159,900 | — | 81 days |
| 120 E Lakeview DrSilver Bay, MN 55614 | 3 | 3 | 1,778 | $699,900 | $393 | 87 days |
| 116 E Lakeview DriveSilver Bay, MN 55614 | 3 | 3 | 1,513 | $730,000 | $482 | 88 days |
| 1774 Highway 2Two Harbors, MN 55616 | 4 | 4 | 3,360 | $999,000 | $297 | 117 days |
| 685 Cuttingwood RoadTwo Harbors, MN 55616 | 5 | 3 | 3,082 | $849,000 | $275 | 159 days |
Sold homes
Closed in the last 12 monthsPrice vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
15 homes didn’t report living area and aren’t shown.
How long homes took to sell
Number of homes by days on market.
1 home didn’t report days on market and isn’t shown.
Bedroom mix
Number of homes by bedroom count.
14 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes in this status.
Sold price vs. list price
How close homes sold to their asking price.
1 home didn’t report both a list and a sold price and isn’t shown.
All sold listings
57 of 58 homes have a map location. Click a marker for the home.
| Address | Beds | Baths | Living ft² | Sold price | Sold / list | $ / ft² | Days to sell | Sold date |
|---|---|---|---|---|---|---|---|---|
| X Stanley RoadTwo Harbors, MN 55616 | — | — | — | $125,000 | 96.2% | — | 476 days | Nov 6, 2026 |
| 953 Kelly TrailIsabella, MN 55607 | 3 | 2 | 1,908 | $611,000 | 74.1% | $320 | 80 days | Nov 5, 2026 |
| 417 Barrel RoadEly, MN 55731 | — | — | — | $270,000 | 98.4% | — | 187 days | Nov 3, 2026 |
| 4818 Birch LaneSilver Bay, MN 55614 | — | — | — | $200,000 | 100.0% | — | 20 days | Oct 22, 2026 |
| 9805 Highway 1Isabella, MN 55607 | — | — | — | $200,000 | 113.1% | — | 20 days | Oct 16, 2026 |
| 1801 20th AvenueTwo Harbors, MN 55616 | 4 | 5 | 3,130 | $900,000 | 100.0% | $287 | 125 days | Oct 13, 2026 |
| 122 Banks BoulevardSilver Bay, MN 55614 | 2 | 1 | 875 | $64,900 | 100.0% | $74 | 231 days | Sep 25, 2026 |
| 16 Carter LaneSilver Bay, MN 55614 | 3 | 1 | 940 | $153,000 | 103.4% | $162 | 67 days | Sep 21, 2026 |
| 9041 Cramer RoadFinland, MN 55603 | 2 | — | — | $275,500 | 112.4% | — | 50 days | Sep 18, 2026 |
| 3228 Gods Wilderness RoadSilver Bay, MN 55614 | — | — | — | $100,000 | 90.9% | — | 1,134 days | Sep 17, 2026 |
Questions about this market?
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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.