Housing in Shafer, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$294,000

Median List Price

N/A

Price Per Sq Ft

$152

Days on Market

32

Active Inventory

1

Months of Supply

0.3

Seller's market

Zillow Home Value

$333,813

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 8.9%List Price 73.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

97.8%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

3

Pending Sales

1

Homes Sold 200.0%New Listings 200.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$152

Sale $/SF 22.8%List $/SF 59.5%Mar 24Jan 26

Shafer vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Shafer is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$225,700

Median Rent

$954

Total Housing Units

435

Vacancy Rate

2.1%

Owner Occupied

81.9%

Renter Occupied

18.1%

Median Property Tax

$2,553

per year

Monthly Cost (w/ Mortgage)

$1,495

Housing Types

Single Family
63.0%
Multi-Family
8.3%
Mobile Home
28.7%

The current median sale price in Shafer, MN is $294,000 according to Redfin data. Homes spend a median of 32 days on the market. 0.0% of homes sold above asking price. The market has 0.3 months of supply. The median price per square foot is $152. The median rent is $954 per month (Census ACS). About 81.9% of housing units are owner-occupied. The median year homes were built is 2002. There are 435 total housing units.