Shafer, MN
Full City Profile · Minnesota · Chisago County County
3.3
/5.0
B
Good
1,151
Population
906/sq mi density
$96,042
Median Income
$37,870 per capita
$225,700
Home Value
$342,155 Zillow
$954
Median Rent
31.3% income on rent
44°F
Avg Temperature
270 sunny days/yr
181
Violent Crime/100K
1,189 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$96,042 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$225,700 home value, $954/mo rent
F
Safety
1.0 / 5.0
181 violent crimes/100K
C
Education
2.3 / 5.0
16.0% bachelor's degree or higher
Housing Overview
Median Home Value
$225,700
20% below
US avg: $281,900
Median Rent
$954/mo
18% below
US avg: $1,163/mo
Homeownership Rate
81.9%
25% above US avg (65.4%)
Total Housing Units
402
Median year built: 2002
Home Value by Source
Census Median
$225,700
Zillow (ZHVI)
$342,155
Median Sale Price
$164,232
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.9%
Owner-Occupied
18.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$954/mo
Market Indicators (Redfin)
Median Days on Market
63 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$114
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
81.9%
Complete Housing Data
Home Values
| Census Median Value | $225,700 |
| Zillow Home Value (ZHVI) | $342,155 |
| Median Sale Price | $164,232 |
| Price Per Sq Ft | $114 |
Rent
| Census Median Rent | $954 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 63 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Price Per Sq Ft | $114 |
Ownership & Stock
| Owner-Occupied | 81.9% |
| Renter-Occupied | 18.1% |
| Homeownership Rate | 81.9% |
| Total Housing Units | 402 |
| Median Year Built | 2002 |
| Rent Burden | 31.3% |
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