Market Overview
Home Prices in Shevlin, MN
The median home value in Shevlin, MN is $254,398 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.8% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shevlin are priced38% below average. Shevlin is part of the Bemidji, MN metro area.
Over the past five years, Shevlin home values have risen by approximately33.6%, reflecting strong long-term appreciation in this market.
Price History
Shevlin Home Price Trend
City Comparison
Shevlin vs. National Median
At $254,398, homes in Shevlin cost 38% below the national median of $410,000. This makes Shevlin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Shevlin?
20% Down Payment
$50,880
on $254,398
Monthly P&I
$1,327/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,685/mo
incl. taxes & insurance
Income Needed
$67,400
gross annual (30% rule)
10% Down Option
$25,440
+ PMI applies
Loan Amount (20% dn)
$203,518
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Shevlin, MN?
The median home value in Shevlin is $254,398 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.8% year-over-year.
How much have home prices changed in Shevlin?
Over the past year, home values in Shevlin have increased by 9.8%. Over five years, prices have risen approximately 33.6%.
How much do I need to earn to buy a home in Shevlin?
To comfortably afford the median home price of $254,398 with a 20% down payment ($50,880) at today's rates (6.8%), you'd need a gross annual income of approximately $67,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Shevlin compare to the national average home price?
The national median home value is approximately $410,000. At $254,398, homes in Shevlin are 38% below the national average.
What metro area is Shevlin part of?
Shevlin is part of the Bemidji, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.