Shell River, MN is a great place to invest in real estate due to its strong appreciation. The median value of homes in the area is $263,800, compared to the US average of $338,100. In addition, over the last year homes in Shell River have appreciated by 12.38%, while the national average was 8.27%. This makes Shell River an attractive option for people looking to buy a home and take advantage of rising values.
The median home cost in Shell River is $263,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Shell River is up 20.4%.
Average Age of Homes
- The median age of Shell River real estate is 35 years old
The Rental Market in Shell River
- Renters make up 4.2% of the Shell River population
- 0.0% of houses and apartments in Shell River, 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.