Population: 262 · Density: 2.5/mi² · Median household income: $55,313
Typical home value: $108,643 · Homeownership: 100.0%
Data as of January 2026. Source: Realtor.com.
The SHELLY, MN real estate market (56581) currently shows 1 active listings. Homes are averaging 116 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 116 days on market compared to 122 days last year.
The median listing price has fallen 7.5% year-over-year, from $199,900 to $184,900.
Whether you are buying or selling in SHELLY, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56581 | Shelly, MN 56581 | 0.0 mi | 1 | $184,900 | $184,900 | $184,900 |
| 56523 | Climax, MN 56523 | 12.7 mi | 2 | $289,000 | $144,500 | $144,500 |
| 56550 | Hendrum, MN 56550 | 13.0 mi | 2 | $253,900 | $126,950 | $126,950 |
| 58045 | Hillsboro, ND 58045 | 13.5 mi | 6 | $1,311,402 | $232,500 | $218,567 |
| 56574 | Perley, MN 56574 | 17.9 mi | 2 | $419,500 | $209,750 | $209,750 |
| 58275 | Reynolds, ND 58275 | 22.7 mi | 1 | $294,500 | $294,500 | $294,500 |
| 56723 | Fisher, MN 56723 | 24.1 mi | 2 | $845,000 | $422,500 | $422,500 |
| 58257 | Mayville, ND 58257 | 24.6 mi | 8 | $1,764,000 | $238,500 | $220,500 |
| 56584 | Twin Valley, MN 56584 | 29.2 mi | 1 | $209,900 | $209,900 | $209,900 |
| 56536 | Felton, MN 56536 | 30.4 mi | 0 | $0 | $115,000 | $115,000 |
| 58006 | Arthur, ND 58006 | 32.5 mi | 1 | $470,000 | $470,000 | $470,000 |
| 58201 | Grand Forks, ND 58201 | 33.5 mi | 107 | $60,161,927 | $499,999 | $562,261 |
| 58274 | Portland, ND 58274 | 34.1 mi | 1 | $49,900 | $49,900 | $49,900 |
As of January 2026, there are 1 active listings in SHELLY, MN (zip code 56581), compared to 1 the prior year.
The median listing price in SHELLY, MN 56581 is $184,900 as of January 2026, a 7.5% decrease from $199,900 the prior year.
Homes in SHELLY, MN 56581 spend an average of 116 days on the market before going under contract, compared to 122 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SHELLY, MN 56581 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 116 days on market compared to 122 days last year.
With SELL123.com's maximum 3% commission, sellers in SHELLY, MN 56581 save an estimated $3,698 compared to a typical 5% commission on the median listing price of $184,900. 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.