Housing in Shelby, North Carolina

The median home cost in Shelby is $89,300. Home appreciation the last 10 years has been 1.7%. Home Appreciation in Shelby is up 6.5%. Browse Shelby Real Estate

Average Age of Homes

- The median age of Shelby real estate is 42 years old

The Rental Market in Shelby

- Renters make up 40.4% of the Shelby population
- 2.8% of houses and apartments in Shelby, are available to rent

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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.

HOUSING	Shelby, North Carolina	United States
Median Home Age	45	40
Median Home Cost	$89,300	$231,200
Home Appr. Last 12 months	6.5%	6.7%
Home Appr. Last 5 yrs.	18.2%	35.6%
Home Appr. Last 10 yrs.	1.7%	27.4%
Property Tax Rate	$10.84	$11.78
Property Taxes Paid	$968	$2,724
Homes Owned	42.3%	56.0%
Housing Vacant	13.7%	12.2%
Homes Rented	44.0%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$848	$1,470
Studio Apartment	$548	$821
1 Bedroom Home or Apartment	$596	$930
2 Bedroom Home or Apartment	$685	$1,148
3 Bedroom Home or Apartment	$896	$1,537
4 Bedroom Home or Apartment	$1,152	$1,791
VACANT HOUSING
Vacant For Rent	2.8%	2.1%
Vacant Rented	0.0%	0.5%
Vacant For Sale	1.4%	1.0%
Vacant Sold	0.2%	0.5%
Vacant Vacation	1.2%	4.0%
Vacant Other	8.0%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	3.0%	3.5%
$20,000 to $39,999	2.9%	3.1%
$40,000 to $59,999	4.5%	3.9%
$60,000 to $79,999	13.5%	5.4%
$80,000 to $99,999	13.6%	6.3%
$100,000 to $149,999	30.7%	14.7%
$150,000 to $199,999	15.3%	14.6%
$200,000 to $299,999	8.6%	18.7%
$300,000 to $399,999	4.5%	11.0%
$400,000 to $499,999	1.0%	6.2%
$500,000 to $749,999	1.2%	7.0%
$750,000 to $999,999	0.4%	2.7%
$1,000,000 to $1,499,999	0.2%	1.5%
$1,500,000 to $1,999,999	0.0%	0.5%
$2,000,000 and over	0.6%	0.7%