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Shelly, MN Real Estate


According to census data in the year 2000 there were 123 housing units in Shelly. This represents a 7.9% growth from 114 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 123 were located in what is classified as a rural area.

Homeownership rate in Shelly is about 83%. Shelly's vacancy rate, including seasonal lodging, is about 13.8%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Shelly were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.80%
Two Bedrooms40.70%
Three Bedrooms39%
Four Bedrooms5.70%
Five Bedrooms or more4.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1939
Median Value of occupied units$26,400
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1985

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan0%
Simple Mortgage31.40%
Debt Free64%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%