Shelby, IN County is a great place to live for those looking for an affordable yet high quality housing option. The median value of a home in Shelby is $211,900, significantly lower than the US House Median Value of $338,100. Despite the lower price point, Shelby also offers home appreciation of 8.68%, which is slightly higher than the US 1 year House Appreciation of 8.27%. This makes Shelby a smart choice for those looking for an affordable house that will appreciate in value.
The median home cost in Shelby County is $211,900. Home appreciation the last 10 years has been 94.8%. Home Appreciation in Shelby County is up 17.8%.
Average Age of Homes
- The median age of Shelby County real estate is 50 years old
The Rental Market in Shelby County
- Renters make up 26.1% of the Shelby County population
- 2.3% of houses and apartments in Shelby County, 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.