Zip 28150 (Shelby, NC) Housing

The housing market in 28150 Shelby, NC is a vibrant one. According to the median value of houses in this area, it stands at $155,600 which is lower than the national average of $338,100. In addition, the house appreciation rate for this area within the last year has been 18.96%, much higher than the national average of 8.27%. This indicates that housing prices have been increasing over time in Shelby. The high appreciation rate and low median value makes this an attractive place for potential buyers who are interested in investing in real estate.

The median home cost in Shelby (zip 28150) is $155,600. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Shelby (zip 28150) is up 25.0%.

Average Age of Homes

- The median age of Shelby (zip 28150) real estate is 42 years old

The Rental Market in Shelby (zip 28150)

- Renters make up 30.6% of the Shelby (zip 28150) population
- 1.2% of houses and apartments in Shelby (zip 28150), 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
	13,336.0	139,647,020.0
	46	42
	$155,600	$338,100
	25.0%	16.6%
	79.1%	57.0%
	120.1%	101.1%
	$8.45	$10.98
	$1,184	$2,690
	55.4%	57.4%
	17.7%	11.2%
	26.9%	31.4%
Vacant Housing
	1.2%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.9%	0.4%
	0.6%	3.6%
	14.3%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	2.6%	2.4%
	4.6%	2.8%
	12.1%	3.9%
	12.5%	4.5%
	18.8%	11.3%
	15.8%	13.0%
	12.2%	20.1%
	7.7%	13.6%
	5.2%	8.3%
	4.2%	9.7%
	1.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	11.6%	13.6%
	13.9%	13.2%
	20.3%	14.8%
	11.6%	13.6%
	9.3%	10.0%
	7.6%	4.7%
	9.4%	12.2%

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