The housing market in Shelby, NE is booming. The median value of a home in Shelby, NE is $149,800 which is significantly lower than the US median value of $338,100. Furthermore, the one year appreciation rate for Shelby, NE homes is 10.45%, higher than the US average of 8.27%. All of this data points to an active and healthy housing market in Shelby, NE and suggests that many people are looking to move or invest in the area.
The median home cost in Shelby is $149,800. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Shelby is up 15.2%.
Average Age of Homes
- The median age of Shelby real estate is 60 years old
The Rental Market in Shelby
- Renters make up 31.5% of the Shelby population
- 0.0% 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.