Shell Rock, MN is an attractive housing market that has been steadily gaining value over the past year. The median value of homes in Shell Rock is $257,000, which is significantly lower than the US House Median Value of $338,100. Despite this difference in median values, the house appreciation rate for Shell Rock has been much higher than the national rate at 11.33%, compared to just 8.27%. This increase in house value makes Shell Rock a desirable area for potential buyers and investors alike.
The median home cost in Shell Rock is $257,000. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Shell Rock is up 11.6%.
Average Age of Homes
- The median age of Shell Rock real estate is 78 years old
The Rental Market in Shell Rock
- Renters make up 13.1% of the Shell Rock population
- 0.0% of houses and apartments in Shell Rock, 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.