Shelby, MO County has a median housing value of $116,800 which is much lower than the US median of $338,100. In the past year, houses in Shelby have appreciated by 13.66%, compared to the US rate of 8.27%. This higher appreciation rate suggests that housing prices in Shelby are increasing at a faster rate than most other areas in the country.
The median home cost in Shelby County is $116,800. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Shelby County is up 17.1%.
Average Age of Homes
- The median age of Shelby County real estate is 51 years old
The Rental Market in Shelby County
- Renters make up 21.4% of the Shelby County population
- 1.0% 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.