The Shangrai-La housing market is most competitive. The median sale price of a home in Shangrai-La was $275K last month, down 1.8% since last year. The median sale price per square foot in Shangrai-La is $270, down 1.5% since last year.
What is the housing market like in Shangrai-La today?
In January 2025, Shangrai-La home prices were down 1.8% compared to last year, selling for a median price of $275K. On average, homes in Shangrai-La sell after 40 days on the market compared to 21 days last year. There were 2 homes sold in January this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$274,950
-1.8% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Shangrai-La, MI
$274,950
-1.8%
United States
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How hot is the Shangrai-La housing market?
Shangrai-La is most competitive. Homes sell in 6 days.
0
100
90
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 7% above list price and go pending in around 6 days.
Hot homes
can sell for about 16% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Shangrai-La housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Shangrai-La.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Shangrai-La has a minor risk of flooding. 24 properties in Shangrai-La are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Shangrai-La. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
Shangrai-La has a moderate risk of wildfire. There are 45 properties in Shangrai-La that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in Shangrai-La.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Shangrai-La has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Shangrai-La is most at risk from tornadoes. 382 properties in Shangrai-La have some risk of being in a severe wind event within the next 30 years.