Shelburne, MN is a great place to invest in housing as the median value is $298,900 which is lower than the national median value of $338,100. In addition to the lower median value, the area has seen an appreciation in house values by 9.54% in the last year when compared to the national rate of 8.27%. This makes it an ideal location for those looking for a great investment with lots of potential for growth and return on investment.
The median home cost in Shelburne is $298,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Shelburne is up 14.7%.
Average Age of Homes
- The median age of Shelburne real estate is 36 years old
The Rental Market in Shelburne
- Renters make up 9.8% of the Shelburne population
- 0.0% of houses and apartments in Shelburne, 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.