Shafer, MN is a great place to buy a home, with the median value coming in at $293,800. This is slightly lower than the US House Median Value of $338,100, but still offers homeowners a great investment opportunity. Over the past year, the appreciation rate for housing in Shafer has been 6.66%, which is just below the national average of 8.27%. With its affordability and moderate appreciation rate, Shafer is an ideal place to purchase a home.
The median home cost in Shafer is $293,800. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Shafer is up 12.2%.
Average Age of Homes
- The median age of Shafer real estate is 15 years old
The Rental Market in Shafer
- Renters make up 14.5% of the Shafer population
- 0.0% of houses and apartments in Shafer, 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.