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SHAFER, MN 55074

Real Estate Market Report  ·  Chisago County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SHAFER, MN real estate market (55074) currently shows 4 active listings, with 2 pending sales. Homes are averaging 156 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 156 days on market compared to 148 days last year.

The median listing price has risen 75.4% year-over-year, from $389,000 to $682,500.

Whether you are buying or selling in SHAFER, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,210  ·  Density: 24.9/mi²  ·  Median household income: $105,500

Typical home value: $267,479  ·  Homeownership: 91.0%

Market Overview

Active Listings
4
⇩ 50% vs 8 last year
Pending
2
50% pending ratio
Median Price
$682,500
⇧ 75.4% vs $389,000 last year
Average Price
$682,500
⇧ 62.7% vs $419,600 last year
Days on Market
156
⇧ 5.4% vs 148 days last year

Price Per Square Foot

Median $/sqft
$269
⇧ 51.1% vs $178/sqft last year
Median Home Size
2,477 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 8 last year
  • Days on market: 156 now vs 148 last year

Median & Average Pricing

Year over Year
  • Median: $682,500 (+75.4% YoY)
  • Average: $682,500 (+62.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.0 miles — 285 listings ($143,650,424 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55074Shafer, MN 550740.0 mi6$3,929,802$600,000$654,967
55012Center City, MN 550124.9 mi10$6,718,650$594,950$671,865
54009Dresser, WI 540097.9 mi4$1,725,600$476,250$431,400
54020Osceola, WI 540208.2 mi17$6,116,940$341,950$359,820
54024Saint Croix Falls, WI 540249.0 mi24$10,645,320$384,900$443,555
55047Marine On Saint Croix, MN 5504713.0 mi11$8,963,163$824,500$814,833
54026Star Prairie, WI 5402614.5 mi3$1,620,000$540,000$540,000
54006Cushing, WI 5400614.8 mi1$234,900$234,900$234,900
55025Forest Lake, MN 5502516.3 mi67$38,999,695$457,450$582,085
54025Somerset, WI 5402516.8 mi28$15,640,632$434,900$558,594
54810Balsam Lake, WI 5481017.7 mi4$1,137,800$284,450$284,450
55032Harris, MN 5503218.9 mi9$4,869,702$562,000$541,078
54017New Richmond, WI 5401721.0 mi101$43,048,220$419,900$426,220

Frequently Asked Questions

How many homes are for sale in SHAFER, MN 55074?

As of February 2026, there are 4 active listings in SHAFER, MN (zip code 55074), compared to 8 the prior year.

What is the median home price in SHAFER, MN 55074?

The median listing price in SHAFER, MN 55074 is $682,500 as of February 2026, a 75.4% increase from $389,000 the prior year.

How long do homes stay on the market in SHAFER, MN?

Homes in SHAFER, MN 55074 spend an average of 156 days on the market before going under contract, compared to 148 days the prior year.

Is it a seller's or buyer's market in SHAFER, MN 55074?

Based on current inventory and days-on-market data as of February 2026, SHAFER, MN 55074 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 156 days on market compared to 148 days last year.

How much can I save on real estate commission in SHAFER, MN?

With SELL123.com's maximum 3% commission, sellers in SHAFER, MN 55074 save an estimated $13,650 compared to a typical 5% commission on the median listing price of $682,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.