Shevlin, MN is an attractive place to call home due to the median value of a house being far lower than the US average. Currently, the median value of a house in Shevlin is $194,500 compared to the US median value of $338,100. This means that potential homeowners can purchase a house for significantly less than the US average. Furthermore, the 1 year appreciation of homes in Shevlin is 15.27% compared to 8.27% in the United States as a whole. This means that those who invest in real estate in Shevlin are likely to see their investment appreciate at a faster rate than other locations across the country.
The median home cost in Shevlin is $194,500. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Shevlin is up 19.7%.
Average Age of Homes
- The median age of Shevlin real estate is 61 years old
The Rental Market in Shevlin
- Renters make up 25.6% of the Shevlin population
- 0.0% of houses and apartments in Shevlin, 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.