Shelby Housing Information - Census

IndexShelbyMichiganNational
Median home price$89,800$120,200$175,700
Median rent asked$657$780$920
Avg. people per household3.02.52.6
Owner occupied households57.3%71.5%64.4%
Renter occupied households42.7%28.5%35.6%

Shelby Housing Information - Zillow

IndexShelbyMichiganNational
Zillow home value indexn/a$126,100$188,100
Year over year appreciation raten/a5.88%5.14%
5 year average appreciation raten/a6.88%4.12%
10 year average appreciation raten/a-1.03%-0.33%

Did you know?

  • The median home price in Shelby is 49% lower than the national average.
  • The median rent asked in Shelby is 29% lower than the national average.
  • The average number of people per household in Shelby is 14% higher than the national average.
  • The number of owner occupied households in Shelby is 11% lower than the national average.
  • The number of renter occupied households in Shelby is 20% higher than the national average.

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Compare Shelby, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Walkerville, MI158$64,40063%
Hart, MI2,128$80,90054%
Whitehall, MI2,694$99,80043%
Rothbury, MI346$101,50042%
Montague, MI2,263$102,50042%
Shelby, MI1,793$89,80049%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Homer, MI1,793$71,30059%
Moweaqua, IL1,793$84,40052%
Capron, IL1,793$124,00029%
Mayer, MN1,792$190,3008%
Glade Spring, VA1,792$95,20046%
Shelby, MI1,793$89,80049%
Source: The Shelby, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.