Shelly, MN is a great place to live with a median home value of $89,100. This is significantly lower than the US median house value of $338,100, making it an affordable option for potential homeowners. With the US experiencing a 1-year house appreciation rate of 8.27%, Shelly also experienced an 8.21% increase in value in the same time frame, meaning that now is a great time to invest in the real estate market in Shelly.
The median home cost in Shelly is $89,100. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Shelly is up 13.6%.
Average Age of Homes
- The median age of Shelly real estate is 78 years old
The Rental Market in Shelly
- Renters make up 9.2% of the Shelly population
- 12.9% of houses and apartments in Shelly, 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.