Guest, Sign inJoin

Post to Sylvan Township

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in
Crow Wing State ParkCrow Wing State Park · Photo: McGhiever · CC BY-SA 3.0
Housing in Sylvan Township

54 homes sold in Sylvan Township in the last year, at a typical $325K

Redfin reports Sylvan Township’s sales by ZIP code, so these figures are for ZIP 56473, which takes in Sylvan Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Sylvan Township homes are listed.

Homes for sale in Sylvan TownshipZillowRealtor.comMore places to look ↓
Homes sold
54
ZIP 56473 · June 2025 to May 2026
Typical sale price
$325K
median, weighted by sales
Price per square foot
$182
Minnesota $190
Paid vs. asking
99.3%
38% sold over asking
For sale now
13
May 2026 · 3 sold that month
What sold · last 12 months · ZIP 56473

Houses are 100% of Sylvan Township’s sales, at a typical $325K

54 homes sold in the year to May 2026.

Houses$325K

typical sale · 54 sold in 12 months

Per square foot
$182MN $191
Days to sell
35
Sold over asking
38%
14 years of sales

About as many homes sell as usual, at twice the 2016 price

54 sales in the last year, against 76 in 2021 and a low of 39 in 2024. The typical sale went from $161K in 2016 to $325K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2012: 54 sold, typical $125K’122013: 55 sold, typical $146K2014: 51 sold, typical $144K’142015: 63 sold, typical $162K2016: 64 sold, typical $161K’162017: 71 sold, typical $161K2018: 63 sold, typical $200K’182019: 53 sold, typical $198K2020: 67 sold, typical $223K’202021: 76 sold, typical $298K2022: 58 sold, typical $312K’222023: 56 sold, typical $316K2024: 39 sold, typical $322K’242025: 56 sold, typical $346KLast 12 months: 54 sold, typical $325KNow

Source: Redfin Data Center, MLS sales; for ZIP 56473, which takes in Sylvan Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Sylvan Township

Houseat $182 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Sylvan Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Sylvan Township are more common than before the pandemic, but half fewer homes come up for sale

We read every month of home sales in ZIP 56473 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 54 sales.

If you’re buying in Sylvan Township

  • Shop in May. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
  • Bid near asking. Buyers paid 99.3% of the list price on average; 38% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 35 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 9 a month), but August is the most competitive: 36% of August sales close over asking. February has the least competition (21%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 3 new listings a month, 23% sold over asking, 40 days to sellJFeb: 3 new listings a month, 21% sold over asking, 65 days to sellFMar: 5 new listings a month, 26% sold over asking, 80 days to sellMApr: 7 new listings a month, 29% sold over asking, 63 days to sellAMay: 9 new listings a month, 29% sold over asking, 47 days to sellMJun: 9 new listings a month, 31% sold over asking, 34 days to sellJJul: 8 new listings a month, 33% sold over asking, 29 days to sellJAug: 7 new listings a month, 36% sold over asking, 32 days to sellASep: 6 new listings a month, 33% sold over asking, 42 days to sellSOct: 5 new listings a month, 30% sold over asking, 47 days to sellONov: 4 new listings a month, 28% sold over asking, 38 days to sellNDec: 3 new listings a month, 26% sold over asking, 41 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Minnesota

Sylvan Township now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price38%26%49%33%
Gone within two weeksShare of homes under contract within 14 days39%33%63%42%
Listings with a price cutShare of homes for sale that cut their price———28%
Price paid vs. askingAverage sale price ÷ list price99.3%97.2%100.6%99.2%
Days to sellMedian days from listing to contract35462035
Supply

11 homes for sale on a typical day

That’s twice the 2022 low (5), 47% fewer than in 2017–19 and well under 2015’s 37.

2012: 36 for sale’122013: 31 for sale2014: 35 for sale2015: 37 for sale’152016: 23 for sale2017: 23 for sale2018: 20 for sale’182019: 17 for sale2020: 9 for sale2021: 7 for sale’212022: 5 for sale2023: 9 for sale2024: 8 for sale’242025: 11 for saleLast 12 months: 11 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 56473, which takes in Sylvan Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Sylvan Township home costs about $1,867 a month

Mortgage
Property tax
Insurance
Rent

Price: Sylvan Township’s typical sale, last 12 months. Property tax at Sylvan Township’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Sylvan Township is affordable on local pay is on Cost of living.

Before you buy in Sylvan Township

Six things worth knowing

9

New listings in June

The month with the most choice. January has the fewest, about 3.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $325K home, about $2,060 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Sylvan Township, from test results, graduation and how much students grow.

Schools in Sylvan Township
23 min

Typical commute

The average one-way trip to work for people who live in Sylvan Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Brainerd sells for less a square foot; East Gull Lake, Lake Shore, Nisswa and Pequot Lakes for far more

The busier markets within 25 miles of Sylvan Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Brainerd216$248K$16036%35
Baxter141$367K$17824%36
Nisswa62$629K$32024%54
Sylvan Township (ZIP 56473)54$325K$18238%35
Pequot Lakes53$423K$27125%57
Lake Shore39$968K$38923%68
East Gull Lake25$1.1M$43616%47

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Sylvan Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Sylvan Township. People who follow the town see it, and so do people comparing Sylvan Township with their own town. No commission, no listing fee.

Questions about buying a home in Sylvan Township

What do homes sell for in Sylvan Township, MN?

54 homes sold in the year to May 2026 at a typical $325K, $182 a square foot.

Is Sylvan Township a buyer’s or seller’s market?

A balanced market: 13 homes were for sale in May 2026 and 3 sold, about 4.3 months of supply. Buyers paid 99.3% of asking on average.

When is the best time to buy in Sylvan Township?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Sylvan Township?

About 0.6% of a home’s value a year. On a $325K home that’s near $2,060.

Where can I see homes for sale in Sylvan Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Sylvan Township’s MLS listings; the search links above open each one filtered to Sylvan Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 56473, which takes in Sylvan Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).