Shafer, MN Foreclosures
Current Market Conditions in in Shafer, MN As of February 2026?
Over the past month, the real estate market in Shafer has shown signs of growth with an increase in home sales compared to previous months. Buyers appear eager to settle in the area, partially due to its affordability compared to neighboring regions. Sellers are noticing that homes are selling faster, often within weeks of being listed, indicating a healthy demand for residential properties.
How much do homes sell for in Shafer, MN?
The average home price is currently $426,957.
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 $1,889,529.
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 peaceful and scenic small town that provides a wonderful blend of suburban living and outdoor recreation opportunities. Known for its close-knit community and access to beautiful lakes and parks, Shafer offers residents a tranquil lifestyle with convenient access to bustling cities. It is a perfect place for families and individuals alike to settle down and enjoy nature while remaining connected to urban amenities.
Buyer vs Seller Market in Shafer, MN
The real estate market in Shafer, MN is currently experiencing a steady demand, with an increase in home values over the past year. The area is appealing to families and retirees alike, driven by its scenic surroundings and excellent school district. Buyers are often looking for homes that offer a mix of outdoor living and community involvement.
In recent months, inventory levels have decreased slightly, making it a competitive market for prospective homebuyers. The number of new listings has not kept pace with demand, leading to a rise in prices and quicker sales, with many homes receiving multiple offers.
Home Value Estimator For Shafer, MN
There are currently 865 real estate properties
in Shafer, MN,
with a median automated valuation model (AVM) price
of $357,868.00. 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 $426,957.00, with the most expensive house
in Shafer, MN, topping out
at $1,889,529.00 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.
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