Data as of September 2026. Source: Realtor.com.
The SHELLY, MN real estate market (56581) currently shows 3 active listings. Homes are averaging 33 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 33 days on market compared to 4 days last year.
The median listing price has fallen 24% year-over-year, from $215,000 to $163,500.
Population: 262 · Density: 2.5/mi² · Median household income: $55,313
Typical home value: $108,643 · Homeownership: 100.0%
| 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 | $120,000 | $60,000 | $60,000 |
| 58045 | Hillsboro, ND 58045 | 13.5 mi | 5 | $1,078,315 | $236,250 | $215,663 |
| 56574 | Perley, MN 56574 | 17.9 mi | 2 | $790,000 | $395,000 | $395,000 |
| 56540 | Fertile, MN 56540 | 23.4 mi | 6 | $1,153,800 | $199,999 | $192,300 |
| 56519 | Borup, MN 56519 | 24.3 mi | 2 | $330,000 | $165,000 | $165,000 |
| 58278 | Thompson, ND 58278 | 28.0 mi | 3 | $2,655,000 | $885,000 | $885,000 |
| 58005 | Argusville, ND 58005 | 29.4 mi | 1 | $205,000 | $205,000 | $205,000 |
| 58201 | Grand Forks, ND 58201 | 33.5 mi | 102 | $58,738,740 | $529,950 | $575,870 |
| 58274 | Portland, ND 58274 | 34.1 mi | 1 | $49,900 | $49,900 | $49,900 |
| 56585 | Ulen, MN 56585 | 35.2 mi | 2 | $1,597,000 | $798,500 | $798,500 |
| 56721 | East Grand Forks, MN 56721 | 36.5 mi | 24 | $8,739,408 | $344,450 | $364,142 |
As of September 2026, there are 3 active listings in SHELLY, MN (zip code 56581), compared to 1 the prior year.
The median listing price in SHELLY, MN 56581 is $163,500 as of September 2026, a 24% decrease from $215,000 the prior year.
Homes in SHELLY, MN 56581 spend an average of 33 days on the market before going under contract, compared to 4 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SHELLY, MN 56581 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 33 days on market compared to 4 days last year.
With SELL123.com's maximum 3% commission, sellers in SHELLY, MN 56581 save an estimated $3,270 compared to a typical 5% commission on the median listing price of $163,500. 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.