Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sheldon area can be challenging. Home prices in Sheldon are now at a median cost of $166,227, lower than the Minnesota average of $269,934.
The average cost of rent is $788/mo in Sheldon, primarily driven by the current value of real estate in the Sheldon area. While nearly 48.41% of residents own their homes outright in Sheldon, 25.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sheldon is $4,678 per month. Households that rent pay about 16.85% of their income on rent here. Sheldon's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Caledonia, MN: less expensive homes
- Yucatan, MN: higher priced homes
- Houston, MN: higher priced homes
- Spring Grove, MN: equally priced homes
- Wilmington, MN: equally priced homes
- Riceford, MN: equally priced homes
- Hokah, MN: higher priced homes
- Freeburg, MN: equally priced homes
- Money Creek, MN: higher priced homes
- South Rushford, MN: higher priced homes
Cities with Similar Populations
- Vann Crossroads, NC: less expensive homes
- Coburg, KY: less expensive homes
- Cody, NE: equally priced homes
- Colony, OK: less expensive homes
- Congo, AL: less expensive homes
- Countsville, WV: less expensive homes
- Crescent, LA: higher priced homes
- Cropsey, IL: higher priced homes
- Utica, OK: less expensive homes
- Vance, MO: equally priced homes
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