Zip 44875 (Shelby, OH) Housing

The housing market in the city of 44875 Shelby, OH is doing quite well compared to the national average. The median value of a house in this city is $151,200, which is significantly below the national median value of $338,100. However, the appreciation rate of houses in 44875 Shelby, OH is 11.76%, while nationally it stands at 8.27%. This shows that housing values have been increasing faster than usual in this area and present a great opportunity for potential buyers.

The median home cost in Shelby (zip 44875) is $151,200. Home appreciation the last 10 years has been 66.7%. Home Appreciation in Shelby (zip 44875) is up 13.5%.

Average Age of Homes

- The median age of Shelby (zip 44875) real estate is 59 years old

The Rental Market in Shelby (zip 44875)

- Renters make up 28.1% of the Shelby (zip 44875) population
- 1.5% of houses and apartments in Shelby (zip 44875), 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, Ohio	United States
	5,976.0	139,647,020.0
	63	42
	$151,200	$338,100
	13.5%	16.6%
	53.4%	57.0%
	66.7%	101.1%
	$11.63	$10.98
	$1,459	$2,690
	65.2%	57.4%
	7.1%	11.2%
	27.6%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.6%	2.4%
	6.6%	2.8%
	9.8%	3.9%
	16.8%	4.5%
	29.7%	11.3%
	20.9%	13.0%
	9.9%	20.1%
	2.5%	13.6%
	1.2%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	7.9%	13.6%
	4.4%	13.2%
	12.0%	14.8%
	7.9%	13.6%
	19.2%	10.0%
	7.7%	4.7%
	27.4%	12.2%

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