Shell Lake, WI Foreclosures
How much do homes sell for in Shell Lake, WI?
The average home price is currently $351,318.
In Shell Lake, WI, how many homes are available?
There are currently 4 active home listings available in Shell Lake.
What’s the average rental cost in Shell Lake, WI?
The average rental price in Shell Lake is $1,635.
What is the most expensive home in Shell Lake?
The most expensive home sold in Shell Lake had a price of $2,982,355.
What is currently the cheapest priced home in Shell Lake, WI?
The cheapest home for sale in Shell Lake is priced at $10,001.
Living in Shell Lake, WI
Shell Lake, WI is a charming small town famous for its stunning lakefront views and welcoming community spirit. Residents enjoy a balanced lifestyle with a mix of outdoor activities, local culture, and family-friendly amenities. The area is well-suited for those looking for a peaceful, yet engaged, living experience.
Current Market Conditions in Shell Lake, WI
The real estate market in Shell Lake has seen steady growth over the past year, with a notable increase in home values as more people are drawn to the town's natural beauty and recreational opportunities. The demand for vacation homes and year-round residences alike has contributed to a competitive market, attracting both buyers and investors. Additionally, interest rates remain favorable, encouraging potential homeowners to explore options.
In recent months, the market has experienced a slight increase in inventory, giving buyers more options to choose from. However, the average days on the market still reflect a strong demand, as homes in desirable neighborhoods are selling relatively quickly. This trend signals a healthy market that continues to blossom.
Home Value Estimator For Shell Lake, WI
There are currently 1,523 real estate properties
in Shell Lake, WI,
with a median automated valuation model (AVM) price
of $294,607.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shell Lake, WI, 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 Shell Lake, WI,
is $351,318.00, with the most expensive house
in Shell Lake, WI, topping out
at $2,982,355.00 and the cheapest home
in Shell Lake, WI,
clocking in at $10,001.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shell Lake, WI!
Rent Prices
In Shell Lake, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shell Lake, WI, is on
a rollercoaster ride. The
average rent price in Shell Lake, WI,
is $1,635.00. Indeed, when looking to rent in
Shell Lake, WI, you can expect to pay as little
as $920.00 or as much
as $2,190.00,
with the average rent median estimated to
be $1,620.00. The good news is that finding
an affordable and desirable property to rent in Shell Lake, WI
-- 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.
Learn more on Foreclosure homes
