Zip 62565 (Shelbyville, IL) Housing

The housing market in 62565 Shelbyville, IL is thriving. The median value of a home in the area is $119,400, which is much lower than the US median value of $338,100. Not only does this make it a more affordable option for potential home buyers, but it also means that there has been a 10.25% appreciation in house values over the past year - higher than the national average of 8.27%. This makes 62565 Shelbyville, IL an attractive option for people looking to purchase or invest in a new property.

The median home cost in Shelbyville (zip 62565) is $119,400. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Shelbyville (zip 62565) is up 11.6%.

Average Age of Homes

- The median age of Shelbyville (zip 62565) real estate is 55 years old

The Rental Market in Shelbyville (zip 62565)

- Renters make up 19.3% of the Shelbyville (zip 62565) population
- 4.4% of houses and apartments in Shelbyville (zip 62565), 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	Shelbyville, Illinois	United States
	3,627.0	139,647,020.0
	56	42
	$119,400	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$17.76	$10.98
	$1,911	$2,690
	64.8%	57.4%
	11.9%	11.2%
	23.3%	31.4%
Vacant Housing
	4.4%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.9%	0.4%
	1.7%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	7.5%	2.4%
	11.4%	2.8%
	10.8%	3.9%
	14.6%	4.5%
	18.4%	11.3%
	10.0%	13.0%
	15.1%	20.1%
	5.6%	13.6%
	1.7%	8.3%
	0.5%	9.7%
	1.4%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	8.4%	13.6%
	5.8%	13.2%
	15.4%	14.8%
	8.4%	13.6%
	11.1%	10.0%
	4.9%	4.7%
	27.4%	12.2%

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