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Foreclosure Homes in Shelly, MN

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Shelly, MN Foreclosures

Current Market Conditions in in Shelly, MN As of June 2026?
Home values: -2.77% MoM; rent: +0.00% MoM.
How much do homes sell for in Shelly, MN?
The average home price is currently $106,507.
In Shelly, MN, how many homes are available?
There are currently 10 active home listings available in Shelly.
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 $285,122.
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, Minnesota is a quiet Norman County community in the Red River Valley, offering affordable rural living, access to regional towns, and outdoor recreation near the Wild Rice River.

Buyer vs Seller Market in Shelly, MN

Median home value: $91,524 as of 2026-05-14.

Median rent: $940 as of 2026-05-14.

Home values: -2.77% MoM, -3.21% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Shelly, MN

There are currently 106 real estate properties in Shelly, MN, with a median automated valuation model (AVM) price of $91,524.00. 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 $106,507.00, with the most expensive house in Shelly, MN, topping out at $285,122.00 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.

Shelly, MN Foreclosures

Market Trend for Shelly, MN

Total Listings Available: 10

Market Values:

Home Prices from $43,268 to $285,122

Average Sales Price: $106,507

Rental Values:

Rental from $660 to $1,490

Average Rent Value: $967 / month

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