The median home in Shafer, Minnesota is valued at $333,813, up 0.9% year over year. Shafer is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$333,813

+0.9%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$66,763 on $333,813

Example: $75,000 household income. Change it above to see your own.

Stretch34.4% of income

Above 28% but manageable with cuts.

PITI$2,149

P/I34.4%

Afford$272K

Gap-$62K

P&I $1,688Tax $312Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Shafer with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro

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Shafer, MN