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Cheap Homes in Shell Lake, WI 54871

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Shell Lake, WI Foreclosures

How much do homes sell for in Shell Lake, WI?
The average home price is currently $351,987.
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 $1,982,652.
What is currently the cheapest priced home in Shell Lake, WI?
The cheapest home for sale in Shell Lake is priced at $14,896.

Living in Shell Lake, WI

Shell Lake, WI, is a charming small town nestled by the beautiful Shell Lake with a variety of outdoor activities year-round. Known for its tight-knit community and welcoming atmosphere, it offers a range of amenities, including schools, parks, and local businesses. Residents enjoy both a tranquil lifestyle and vibrant community events, making it a perfect place for families and outdoor enthusiasts.

Current Market Conditions in Shell Lake, WI

The real estate market in Shell Lake has shown a steady demand, particularly for vacation homes and properties near the lake. With its scenic environment and outdoor leisure activities, buyers are increasingly attracted to this peaceful retreat, causing home values to appreciate moderately over the past few years.

There has been a noticeable interest from out-of-state buyers seeking a summer residence or investment properties, as the area is known for its beautiful landscapes and recreational opportunities. This demand has encouraged new developments and renovations of existing homes, contributing to a healthy market condition.

Home Value Estimator For Shell Lake, WI

There are currently 903 real estate properties in Shell Lake, WI, with a median automated valuation model (AVM) price of $299,118.00. 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 $351,987.00, with the most expensive house in Shell Lake, WI, topping out at $1,982,652.00 and the cheapest home in Shell Lake, WI, clocking in at $14,896.00. 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.

Cheap Homes in Shell Lake, WI 54871

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