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Shelby, MI Housing

 
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As of 2010-2014, median price of a house in Shelby is $89,800, which is lower than the state average of $120,200 and is much lower than the national average of $175,700. The Shelby median house value has grown by 40.97% since 2000. The growth rate for the price of a house in Shelby is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Shelby was built is 1964, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 351 Owner Occupied Houses in Shelby, MI, #327
Shelby, MI
89,800 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #54
Shelby, MI
40.97%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Shelby, MIMichiganU.S.
Total Housing Units667, see rank, 100%4,532,719132,741,033
Occupied Housing Units613, 91.90%, see rank84.45%87.55%
Owner Occupied351, 52.62%, see rank60.41%56.34%
Renter Occupied262, 39.28%, see rank24.04%31.21%
Vacant Housing Units54, 8.10%, see rank15.55%12.45%
For Rent0, 0.00%, see rank1.84%2.34%
For Sale Only3, 0.45%, see rank1.40%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use15, 2.25%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant36, 5.40%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #317
Shelby, MIMichiganU.S.
196419691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Shelby, MI%MichiganU.S.
Owner-Occupied Units351100%2,738,01274,787,460
With a Mortgage20859.26%, see rank63.63%65.58%
Without a Mortgage14340.74%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Shelby, MI
1,010 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsShelby, MI%MichiganU.S.
$299 or Less00.00%, see rank0.19%0.20%
$300 to $49973.37%, see rank1.88%1.59%
$500 to $6992813.46%, see rank6.65%5.01%
$700 to $9996832.69%, see rank19.56%14.32%
$1,000 to $1,4997234.62%, see rank34.69%27.90%
$1,500 to $1,9992612.50%, see rank20.06%20.35%
$2,000 to $2,99973.37%, see rank12.84%19.52%
$3,000 or More00.00%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Shelby, MI
21.60% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Shelby, MI%MichiganU.S.
10% or Less41.92%, see rank5.90%5.86%
10% to 20%8440.38%, see rank35.28%31.95%
20% to 30%8239.42%, see rank27.51%27.64%
30% to 40%2110.10%, see rank12.63%13.74%
40% or More178.17%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Shelby, MI
386 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsShelby, MI%MichiganU.S.
$199 or Less64.20%, see rank4.74%7.76%
$200 to $2993423.78%, see rank12.46%14.70%
$300 to $4997149.65%, see rank40.41%34.63%
$500 to $6992114.69%, see rank25.95%21.16%
$700 or More117.69%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Shelby, MI
16.10% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Shelby, MI%MichiganU.S.
10% or Less3423.78%, see rank35.33%40.19%
10% to 20%6142.66%, see rank33.76%31.47%
20% to 30%2920.28%, see rank13.39%12.24%
30% to 40%53.50%, see rank6.18%5.64%
40% or More149.79%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Shelby, MIMichiganU.S.
Total Housing Units667, 100%4,532,719132,741,033
1-unit, Detached500, 74.96%, see rank71.97%61.65%
1-unit, Attached4, 0.60%, see rank4.66%5.82%
2 Units24, 3.60%, see rank2.58%3.75%
3 or 4 Units23, 3.45%, see rank2.56%4.43%
5 to 9 Units33, 4.95%, see rank4.20%4.78%
10 or More Units37, 5.55%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.46, 6.90%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Shelby, MIMichiganU.S.
Total Housing Units667, 100%4,532,719132,741,033
1 Room0, 0.00%, see rank1.24%1.95%
2 Rooms23, 3.45%, see rank1.78%2.48%
3 Rooms27, 4.05%, see rank7.14%9.13%
4 Rooms86, 12.89%, see rank14.38%16.60%
5 Rooms128, 19.19%, see rank21.00%20.41%
6 Rooms179, 26.84%, see rank20.07%18.06%
7 Rooms100, 14.99%, see rank13.45%12.27%
8 Rooms48, 7.20%, see rank9.27%8.48%
9 Rooms or More76, 11.39%, see rank11.67%10.60%
Median Rooms5.90, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Shelby, MIMichiganU.S.
Total Housing Units667, 100%4,532,719132,741,033
No Bedroom0, 0.00%, see rank1.35%2.17%
1 Bedroom92, 13.79%, see rank9.11%11.16%
2 Bedrooms132, 19.79%, see rank26.33%26.69%
3 Bedrooms332, 49.78%, see rank43.93%39.70%
4 Bedrooms95, 14.24%, see rank15.80%16.05%
5 or More Bedrooms16, 2.40%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Shelby, MIMichiganU.S.
Total Housing Units613, 100%3,827,880116,211,092
Utility Gas531, 86.62%, see rank77.13%48.85%
Bottled, Tank, or LP Gas8, 1.31%, see rank8.48%4.86%
Electricity52, 8.48%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.4, 0.65%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood0, 0.00%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel12, 1.96%, see rank0.86%0.47%
No Fuel Used6, 0.98%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalShelby, MIMichiganU.S.
Occupied Units Paying Rent225, 100%1,028,83539,201,928
$199 or Less6, 2.67%, see rank1.86%1.50%
$200 to $2992, 0.89%, see rank3.88%3.18%
$300 to $49939, 17.33%, see rank9.32%7.37%
$500 to $69986, 38.22%, see rank23.63%16.01%
$700 to $99984, 37.33%, see rank35.23%29.17%
$1,000 to $1,4998, 3.56%, see rank20.17%26.88%
$1,500 to $1,9990, 0.00%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$657, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Shelby, MIMichiganU.S.
Occupied Housing Units613, 100%3,827,880116,211,092
No Vehicles Available59, 9.62%, see rank7.97%9.12%
1 Vehicles Available253, 41.27%, see rank35.06%33.80%
2 Vehicles Available248, 40.46%, see rank38.45%37.48%
3 or More Vehicles Available53, 8.65%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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