Shelby, NY is a great place to own a home! The median value of housing in the area is $127,000, which is significantly lower than the US median value of $338,100. The 1 year house appreciation rate within Shelby, NY is 10.68%, which is higher than the US 1 year house appreciation rate of 8.27%. This means that homes are becoming more valuable over time, making Shelby an attractive market for those looking to invest in real estate.
The median home cost in Shelby is $127,000. Home appreciation the last 10 years has been 89.3%. Home Appreciation in Shelby is up 15.8%.
Average Age of Homes
- The median age of Shelby real estate is 65 years old
The Rental Market in Shelby
- Renters make up 31.6% 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.