Shelby, TX County has experienced a strong appreciation in housing values over the past year. According to the data, the median value of homes in Shelby is $149,400 - significantly lower than the US median value of $338,100. However, one-year home appreciation in Shelby was 13.34%, much higher than the US average of 8.27%. This indicates that Shelby is an attractive market for real estate investors and prospective homeowners alike. Overall, housing conditions in Shelby are very positive despite relatively low median values.
The median home cost in Shelby County is $149,400. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Shelby County is up 19.7%.
Average Age of Homes
- The median age of Shelby County real estate is 38 years old
The Rental Market in Shelby County
- Renters make up 22.4% of the Shelby County population
- 0.9% of houses and apartments in Shelby County, 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.