The housing market in Shelley, ID is thriving, with a median value of $299,800. This is significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate in Shelley has been 15.93%, much higher than the 8.27% national average. This suggests that home values in Shelley are increasing faster than most places across the United States, making it an attractive location for potential home buyers and investors alike.
The median home cost in Shelley is $299,800. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Shelley is up 21.2%.
Average Age of Homes
- The median age of Shelley real estate is 41 years old
The Rental Market in Shelley
- Renters make up 31.3% of the Shelley population
- 2.6% of houses and apartments in Shelley, 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.