Shelbyville, TX is a great place to buy a home due to its strong housing market. The median value of a house in Shelbyville is $197,500 - significantly lower than the US median value of $338,100. Additionally, the one year appreciation rate in Shelbyville is 16.22%, compared with 8.27% for the US as a whole. This shows that buying property in Shelbyville could be a wise investment and would likely give buyers an excellent return on their investment over time.
The median home cost in Shelbyville (zip 75973) is $197,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Shelbyville (zip 75973) is up 19.7%.
Average Age of Homes
- The median age of Shelbyville (zip 75973) real estate is 36 years old
The Rental Market in Shelbyville (zip 75973)
- Renters make up 9.0% of the Shelbyville (zip 75973) population
- 0.0% of houses and apartments in Shelbyville (zip 75973), 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.