Shelly, MN Foreclosures
How much do homes sell for in Shelly, MN?
The average home price is currently $108,169.
In Shelly, MN, how many homes are available?
There are currently 7 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 $300,160.
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 is a small, quaint town located in northwest Minnesota, known for its serene atmosphere and friendly community. With a close-knit population, Shelly offers a peaceful lifestyle with access to beautiful outdoor activities and local amenities. The town is conveniently situated with easy access to larger cities, making it appealing for both families and retirees.
Current Market Conditions in Shelly, MN
The real estate market in Shelly has been stable, with a modest increase in home values over the past few months. The demand for properties remains steady, driven by interest in the lifestyle that small-town living offers. As buyers prioritize affordability and access to nature, Shelly attracts interest from families and individuals looking for a change of pace.
Recent trends indicate increased buyer activity in the lower price range, showcasing the town's appeal to first-time homebuyers and those seeking budget-friendly options. As of the latest reports, homes are selling at a reasonable pace, with competitive pricing influencing buyer decisions.
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 $93,625.00. 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 $108,169.00, with the most expensive house
in Shelly, MN, topping out
at $300,160.00 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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