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Foreclosure Homes in Shelby, IA

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Shelby, IA Foreclosures

How much do homes sell for in Shelby, IA?
The average home price is currently $263,637.
In Shelby, IA, how many homes are available?
There are currently 14 active home listings available in Shelby.
What’s the average rental cost in Shelby, IA?
The average rental price in Shelby is $1,326.
What is the most expensive home in Shelby?
The most expensive home sold in Shelby had a price of $1,442,231.
What is currently the cheapest priced home in Shelby, IA?
The cheapest home for sale in Shelby is priced at $14,410.

Living in Shelby, IA

Shelby, IA, offers a peaceful small-town ambiance with strong community ties and plenty of outdoor activities. It's known for its excellent school system, local shops, and parks. The area combines rural charm with accessibility to nearby cities, making it an attractive option for families and professionals alike.

Current Market Conditions in Shelby, IA

The real estate market in Shelby is currently showing steady growth, with an increase in demand for homes as families seek the charm of small-town living. Prices remain affordable compared to neighboring urban markets, making it a favorable option for first-time homebuyers and investors alike.

Given its desirable location and community-oriented lifestyle, Shelby's housing market is projected to continue on an upward trend, attracting more residents and real estate investment opportunities.

Home Value Estimator For Shelby, IA

There are currently 421 real estate properties in Shelby, IA, with a median automated valuation model (AVM) price of $223,728.00. 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, IA, 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, IA, is $263,637.00, with the most expensive house in Shelby, IA, topping out at $1,442,231.00 and the cheapest home in Shelby, IA, clocking in at $14,410.00. In other words, there’s something for every potential homebuyer or savvy investor in Shelby, IA!

Rent Prices In Shelby, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shelby, IA, is on a rollercoaster ride. The average rent price in Shelby, IA, is $1,326.00. Indeed, when looking to rent in Shelby, IA, you can expect to pay as little as $830.00 or as much as $2,020.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Shelby, IA -- 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, IA Foreclosures

Market Trend for Shelby, IA

Total Listings Available: 14

Market Values:

Home Prices from $14,410 to $1,442,231

Average Sales Price: $263,637

Rental Values:

Rental from $830 to $2,020

Average Rent Value: $1,326 / month

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