The housing in Sheldon, MN is a bit more expensive than the US average, with the median value of houses reaching $372,700. However, the appreciation rate of 1 year for Sheldon's houses is slightly lower than the national average, standing at 6.78%, compared to the 8.27% Rate of appreciation across the nation. Despite this difference in appreciation rate, Sheldon remains a desirable location for potential home buyers due to its low unemployment and high quality of life.
The median home cost in Sheldon is $372,700. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Sheldon is up 11.4%.
Average Age of Homes
- The median age of Sheldon real estate is 36 years old
The Rental Market in Sheldon
- Renters make up 6.9% of the Sheldon population
- 0.0% of houses and apartments in Sheldon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.