Shelby, MT has seen a much higher rate of house appreciation than the US average in the past year. The median value of homes in Shelby is currently $167,900, while the US median is significantly higher at $338,100. This difference can be largely attributed to a 20.18% house appreciation rate over the last year as compared to the US's 8.27%. These figures show that housing in Shelby, MT is an attractive investment option for buyers looking for great returns on their money.
The median home cost in Shelby is $167,900. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Shelby is up 20.3%.
Average Age of Homes
- The median age of Shelby real estate is 59 years old
The Rental Market in Shelby
- Renters make up 39.0% of the Shelby population
- 6.1% of houses and apartments in Shelby, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.