Shelbyville, IN is a great place to live due to its relatively low housing prices when compared to the national median. The median value of housing in Shelbyville is only $189,000, while the US median is much higher at $338,100. Over the past year, house appreciation in Shelbyville has been even higher than the national average with a 13.55% increase in comparison to the 8.27% US 1 year house appreciation rate. Therefore, if you're looking for an affordable home in a great community, Shelbyville may be the perfect fit for you!
The median home cost in Shelbyville is $189,000. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Shelbyville is up 17.9%.
Average Age of Homes
- The median age of Shelbyville real estate is 50 years old
The Rental Market in Shelbyville
- Renters make up 41.0% of the Shelbyville population
- 4.6% of houses and apartments in Shelbyville, 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.