Zip 59474 (Shelby, MT) Housing

In 59474 Shelby, MT, the median housing value is $163,700, which is significantly lower than the national median of $338,100. However, the house appreciation rate in Shelby over the past year has been an impressive 20.18%, while the national average over the same period was 8.27%. This shows there is a lot of potential in this market and that it can be a great opportunity for aspiring homeowners or real estate investors.

The median home cost in Shelby (zip 59474) is $163,700. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Shelby (zip 59474) is up 20.3%.

Average Age of Homes

- The median age of Shelby (zip 59474) real estate is 59 years old

The Rental Market in Shelby (zip 59474)

- Renters make up 36.9% of the Shelby (zip 59474) population
- 5.5% of houses and apartments in Shelby (zip 59474), 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, Montana	United States
	1,669.0	139,647,020.0
	52	42
	$163,700	$338,100
	20.3%	16.6%
	59.0%	57.0%
	80.8%	101.1%
	$11.00	$10.98
	$1,802	$2,690
	46.4%	57.4%
	21.8%	11.2%
	31.9%	31.4%
Vacant Housing
	5.5%	1.9%
	0.0%	0.4%
	2.8%	0.7%
	0.0%	0.4%
	6.5%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	5.4%	2.4%
	5.2%	2.8%
	4.7%	3.9%
	3.7%	4.5%
	23.1%	11.3%
	22.1%	13.0%
	23.9%	20.1%
	2.6%	13.6%
	8.4%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.7%	13.6%
	0.7%	13.6%
	8.9%	13.6%
	11.8%	13.2%
	19.7%	14.8%
	8.9%	13.6%
	13.5%	10.0%
	11.4%	4.7%
	18.2%	12.2%

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