Shelly, MN
Full City Profile · Minnesota · Norman County County
2.7
/5.0
C+
Fair
195
Population
929/sq mi density
$51,250
Median Income
$25,905 per capita
$88,300
Home Value
$166,270 Zillow
40°F
Avg Temperature
276 sunny days/yr
202
Violent Crime/100K
860 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$51,250 median income, 8.5% unemployment
A+
Affordability
5.0 / 5.0
$88,300 home value, /mo rent
F
Safety
1.0 / 5.0
202 violent crimes/100K
C+
Education
2.6 / 5.0
20.0% bachelor's degree or higher
Housing Overview
Median Home Value
$88,300
69% below
US avg: $281,900
Homeownership Rate
95.1%
45% above US avg (65.4%)
Total Housing Units
113
Median year built: 1944
Home Value by Source
Census Median
$88,300
Zillow (ZHVI)
$166,270
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.1%
Owner-Occupied
4.9%
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
Affordability & Housing Stock
Rent Burden
27.1%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
95.1%
Complete Housing Data
Home Values
| Census Median Value | $88,300 |
| Zillow Home Value (ZHVI) | $166,270 |
Rent
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 95.1% |
| Renter-Occupied | 4.9% |
| Homeownership Rate | 95.1% |
| Total Housing Units | 113 |
| Median Year Built | 1944 |
| Rent Burden | 27.1% |
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