Home prices
The value of the median home in Shell Lake is $124,200. In comparison to the surrounding areas this is about $15,900 (14%) higher.In comparison to the entire nation it is about $93,300 (42%) lower, and it is roughly $39,100 (23%) lower in comparison to the city of Duluth.
Rents
The median rent in Shell Lake is $652 a month. In comparison to nearby areas it is about $15 (2%) lower.It is roughly $410 (38%) lower in comparison to the rest of the country, and compared to the city of Duluth it is roughly $168 (20%) lower.
Nearby places
Spooner
Spooner is about 5 miles north from Shell Lake. Housing prices there are a bit less expensive. The median home in Spooner is valued at $101,200, which comes out to $23,000 (22%) lower than Shell Lake. Rent there is pretty similar. The median rent in Spooner is $624 a month, which works out to $28 (4%) lower than Shell Lake.
Haugen
Haugen is about 9 miles southeast of Shell Lake. Its real estate prices are somewhat less expensive. The median home in Haugen costs $97,800, which comes out to $26,400 (26%) lower than Shell Lake. Rent there is somewhat more expensive. In Haugen the median monthly rent is $775, which works out to $123 (15%) higher than Shell Lake.
Cumberland
Cumberland is approximately 13 miles southwest from Shell Lake. Housing prices there are pretty similar. The median home in Cumberland is valued at $123,500, which is very similar to Shell Lake. Rents there are pretty similar. The median rent in Cumberland is $628 per month, which works out to $24 (3%) lower than Shell Lake.
Birchwood
Birchwood is about 15 miles east from Shell Lake. Its housing prices are a lot less expensive. Birchwood's median home value is $88,800, which comes out to $35,400 (39%) lower than Shell Lake. Rents there are a bit less expensive. Birchwood's median monthly rent is $594, which comes out to $58 (9%) lower than Shell Lake.
Rice Lake
Rice Lake is about 16 miles southeast from Shell Lake. The housing prices there are fairly similar. The median home in Rice Lake costs $130,200, which is $6,000 (4%) higher than Shell Lake. The rent there is a little more expensive. The median monthly rent in Rice Lake is $712, which comes out to $60 (8%) higher than Shell Lake.
