Shelly, MN Foreclosures
How much do homes sell for in Shelly, MN?
The average home price is currently $111,603.
What’s the average rental cost in Shelly, MN?
The average rental price in Shelly is $967.
What is the most expensive home in Shelly?
The most expensive home sold in Shelly had a price of $294,240.
What is currently the cheapest priced home in Shelly, MN?
The cheapest home for sale in Shelly is priced at $43,268.
Living in Shelly, MN
Shelly, MN, is a quaint city that provides a peaceful living environment and strong community connections. With ample outdoor activities and great educational options, it's an ideal location for families and those seeking a slower pace. Local amenities enhance the quality of life, making Shelly a desirable spot for residents and investors alike.
Current Market Conditions in Shelly, MN
The real estate market in Shelly, MN, is currently experiencing a steady growth trend, particularly in the single-family homes sector. The affordability of properties makes it an attractive destination for first-time buyers and real estate investors looking for affordable options in a serene environment.
As the popularity of nearby recreational areas increases, demand for homes in Shelly is also on the rise. Investors are taking note of the potential for appreciation in property values due to the city's charm and the growing interest in rural living.
Home Value Estimator For Shelly, MN
There are currently 99 real estate properties
in Shelly, MN,
with a median automated valuation model (AVM) price
of $95,856.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shelly, 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 Shelly, MN,
is $111,603.00, with the most expensive house
in Shelly, MN, topping out
at $294,240.00 and the cheapest home
in Shelly, MN,
clocking in at $43,268.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shelly, MN!
Rent Prices
In Shelly, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shelly, MN, is on
a rollercoaster ride. The
average rent price in Shelly, MN,
is $967.00. Indeed, when looking to rent in
Shelly, MN, you can expect to pay as little
as $660.00 or as much
as $1,490.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Shelly, 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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