Shelby Metro Area, NC Housing

The housing in the Shelby, NC Metro Area is very attractive for potential homebuyers. The median value of a house in this area is $157,400 which is significantly lower than the national average of $338,100. In the past year, the appreciation rate for homes in this area has been 18.72%, which is much higher than the national appreciation rate of 8.27%. These factors make it an ideal place to purchase a home as buyers can benefit from lower costs and higher returns on investment.

The median home cost in Shelby Metro Area is $157,400. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Shelby Metro Area is up 25.2%.

Average Age of Homes

- The median age of Shelby Metro Area real estate is 38 years old

The Rental Market in Shelby Metro Area

- Renters make up 27.4% of the Shelby Metro Area population
- 1.5% of houses and apartments in Shelby Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Shelby, North Carolina	United States
	43,593.0	139,647,020.0
	42	42
	$157,400	$338,100
	25.2%	16.6%
	80.3%	57.0%
	123.2%	101.1%
	$8.00	$10.98
	$1,085	$2,690
	57.8%	57.4%
	15.9%	11.2%
	26.3%	31.4%
Vacant Housing
	1.5%	1.9%
	0.1%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.6%	3.6%
	13.0%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	4.4%	2.4%
	5.8%	2.8%
	9.2%	3.9%
	11.5%	4.5%
	19.8%	11.3%
	17.9%	13.0%
	15.7%	20.1%
	5.9%	13.6%
	2.4%	8.3%
	2.3%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.6%	13.6%
	11.6%	13.6%
	17.1%	13.6%
	14.9%	13.2%
	19.0%	14.8%
	17.1%	13.6%
	9.5%	10.0%
	5.3%	4.7%
	7.0%	12.2%

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