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Housing in Shell Lake

36 homes sold in Shell Lake in the last year, at a typical $249K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Shell Lake homes are listed.

Homes sold
36
October 2025 to September 2026
Typical sale price
$249K
median, weighted by sales
Price per square foot
$144
Wisconsin $195
Paid vs. asking
96.7%
10% sold over asking
For sale now
9
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 0% of Shell Lake’s sales, at a typical — (year to May 2026)

36 homes sold in the year to September 2026.

14 years of sales

More homes sell than most years, at 1.4 times the 2016 price

36 sales in the last year, against 41 in 2019 and a low of 20 in 2024. The typical sale went from $176K in 2016 to $249K.

Homes soldTypical sale price
012253750$100K$200K$300K$400K2012: 20 sold, typical $207K’122013: 26 sold, typical $105K2014: 38 sold, typical $160K’142015: 37 sold, typical $182K2016: 33 sold, typical $176K’162017: 33 sold, typical $175K2018: 25 sold, typical $158K’182019: 41 sold, typical $192K2020: 24 sold, typical $159K’202021: 37 sold, typical $278K2022: 31 sold, typical $279K’222023: 27 sold, typical $270K2024: 20 sold, typical $315K’242025: 22 sold, typical $322KLast 12 months: 36 sold, typical $249KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Shell Lake are back to pre-pandemic levels, with about as many homes for sale

We read every month of Shell Lake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 36 sales.

If you’re buying in Shell Lake

  • Shop in May. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Offer under asking. Buyers paid 96.7% of the list price on average; 10% paid over.
  • You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 75 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 4 a month), but August is the most competitive: 28% of August sales close over asking. May offers nearly as much choice with fewer homes bid up (17%). December has the least competition (10%) but only about 1 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 1 new listings a month, 12% sold over asking, 88 days to sellJFeb: 2 new listings a month, 17% sold over asking, 82 days to sellFMar: 3 new listings a month, 17% sold over asking, 105 days to sellMApr: 3 new listings a month, 20% sold over asking, 77 days to sellAMay: 4 new listings a month, 17% sold over asking, 72 days to sellMJun: 4 new listings a month, 25% sold over asking, 74 days to sellJJul: 4 new listings a month, 27% sold over asking, 65 days to sellJAug: 4 new listings a month, 28% sold over asking, 64 days to sellASep: 4 new listings a month, 23% sold over asking, 68 days to sellSOct: 3 new listings a month, 18% sold over asking, 66 days to sellONov: 2 new listings a month, 13% sold over asking, 73 days to sellNDec: 1 new listings a month, 10% sold over asking, 79 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Wisconsin

Shell Lake now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price10%12%55%35%
Gone within two weeksShare of homes under contract within 14 days40%39%74%44%
Price paid vs. askingAverage sale price ÷ list price96.7%96.4%102.9%99.2%
Days to sellMedian days from listing to contract75704253
Supply

10 homes for sale on a typical day

That’s twice the 2018 low (5), about the 2017–19 level and well under 2014’s 27.

2012: 18 for sale’122013: 21 for sale2014: 27 for sale2015: 17 for sale’152016: 21 for sale2017: 11 for sale2018: 5 for sale’182019: 12 for sale2020: 8 for sale2021: 5 for sale’212022: 6 for sale2023: 5 for sale2024: 6 for sale’242025: 10 for saleLast 12 months: 10 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Shell Lake home costs about $1,614 a month

Mortgage
Property tax
Insurance
Rent

Price: Shell Lake’s typical sale, last 12 months. Property tax at Shell Lake’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Shell Lake is affordable on local pay is on Cost of living.

Before you buy in Shell Lake

Six things worth knowing

4

New listings in July

The month with the most choice. December has the fewest, about 1.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $249K home, about $3,790 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Shell Lake, from test results, graduation and how much students grow.

Schools in Shell Lake
19 min

Typical commute

The average one-way trip to work for people who live in Shell Lake.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Barron sells for less a square foot

The busier markets within 25 miles of Shell Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Rice Lake126$252K$14516%76
Shell Lake36$249K$14410%75
Barron33$196K$11622%62
Cumberland28$315K$17415%53
Spooner27$218K$15322%55
Cameron20$230K$15533%54

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Shell Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Shell Lake. People who follow the town see it, and so do people comparing Shell Lake with their own town. No commission, no listing fee.

Questions about buying a home in Shell Lake

What do homes sell for in Shell Lake, WI?

36 homes sold in the year to September 2026 at a typical $249K, $144 a square foot.

Is Shell Lake a buyer’s or seller’s market?

A balanced market: 9 homes were for sale in September 2026 and 2 sold, about 4.5 months of supply. Buyers paid 96.7% of asking on average.

When is the best time to buy in Shell Lake?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Shell Lake?

About 1.5% of a home’s value a year. On a $249K home that’s near $3,790.

Where can I see homes for sale in Shell Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Shell Lake’s MLS listings; the search links above open each one filtered to Shell Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).