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Bankruptcy Homes in Shafer, MN

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Shafer, MN Foreclosures

How much do homes sell for in Shafer, MN?
The average home price is currently $432,601.
In Shafer, MN, how many homes are available?
There are currently 3 active home listings available in Shafer.
What’s the average rental cost in Shafer, MN?
The average rental price in Shafer is $1,656.
What is the most expensive home in Shafer?
The most expensive home sold in Shafer had a price of $1,656,660.
What is currently the cheapest priced home in Shafer, MN?
The cheapest home for sale in Shafer is priced at $25,118.

Living in Shafer, MN

Shafer, MN, is a quaint and serene community nestled within the stunning natural beauty of the St. Croix River Valley. Boasting a friendly atmosphere and a variety of outdoor recreational opportunities, residents appreciate the small-town charm and sense of community. With access to great schools and amenities, Shafer is an ideal location for families and those looking to enjoy leisurely living.

Current Market Conditions in Shafer, MN

The real estate market in Shafer, MN is currently showing signs of positive growth, with an increase in home values of around 3-5% over the past year. The demand for properties near the St. Croix River has attracted both local buyers and those from nearby urban areas looking for a weekend getaway or retirement home.

Homes in Shafer are selling quicker than in previous years, with an average time on the market decreasing by about 20%. This trend indicates a strong demand for residential properties, driven by the area's appeal for outdoor enthusiasts and families seeking a quieter lifestyle.

Home Value Estimator For Shafer, MN

There are currently 823 real estate properties in Shafer, MN, with a median automated valuation model (AVM) price of $358,841.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shafer, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Shafer, MN, is $432,601.00, with the most expensive house in Shafer, MN, topping out at $1,656,660.00 and the cheapest home in Shafer, MN, clocking in at $25,118.00. In other words, there’s something for every potential homebuyer or savvy investor in Shafer, MN!

Rent Prices In Shafer, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shafer, MN, is on a rollercoaster ride. The average rent price in Shafer, MN, is $1,656.00. Indeed, when looking to rent in Shafer, MN, you can expect to pay as little as $1,030.00 or as much as $3,360.00, with the average rent median estimated to be $1,560.00. The good news is that finding an affordable and desirable property to rent in Shafer, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Shafer, MN Bankruptcy Homes

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