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Foreclosure Homes in Shelby, OH 44875

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Shelby, OH Foreclosures

How much do homes sell for in Shelby, OH?
The average home price is currently $198,599.
In Shelby, OH, how many homes are available?
There are currently 36 active home listings available in Shelby.
What’s the average rental cost in Shelby, OH?
The average rental price in Shelby is $1,150.
What is the most expensive home in Shelby?
The most expensive home sold in Shelby had a price of $16,150,842.
What is currently the cheapest priced home in Shelby, OH?
The cheapest home for sale in Shelby is priced at $10,511.

Living in Shelby, OH

Shelby, OH, is a charming small city that combines a rich historical background with modern conveniences. With a strong sense of community and numerous local festivals, it provides a welcoming atmosphere. The area offers excellent schooling options and vast recreational opportunities, making it suitable for families and retirees alike.

Current Market Conditions in Shelby, OH

The Shelby real estate market has remained stable, exhibiting moderate growth in home prices over the past year. Demand for housing in the area remains strong due to the community's desirable lifestyle and amenities.

Currently, the market can be described as balanced, with a healthy number of homes available for sale, making it favorable for both buyers and sellers. Economic factors such as employment rates and local developments are contributing positively to home value stability.

Home Value Estimator For Shelby, OH

There are currently 5,234 real estate properties in Shelby, OH, with a median automated valuation model (AVM) price of $172,641.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shelby, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Shelby, OH, is $198,599.00, with the most expensive house in Shelby, OH, topping out at $16,150,842.00 and the cheapest home in Shelby, OH, clocking in at $10,511.00. In other words, there’s something for every potential homebuyer or savvy investor in Shelby, OH!

Rent Prices In Shelby, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shelby, OH, is on a rollercoaster ride. The average rent price in Shelby, OH, is $1,150.00. Indeed, when looking to rent in Shelby, OH, you can expect to pay as little as $560.00 or as much as $2,000.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Shelby, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Shelby, OH 44875 Foreclosures

Market Trend for Shelby, OH

Total Listings Available: 36

Market Values:

Home Prices from $10,511 to $16,150,842

Average Sales Price: $198,599

Rental Values:

Rental from $560 to $2,000

Average Rent Value: $1,150 / month

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