Shelby, IN Foreclosures
How much do homes sell for in Shelby, IN?
The average home price is currently $182,118.
In Shelby, IN, how many homes are available?
There are currently 2,710 active home listings available in Shelby.
What’s the average rental cost in Shelby, IN?
The average rental price in Shelby is $1,216.
What is the most expensive home in Shelby?
The most expensive home sold in Shelby had a price of $456,802.
What is currently the cheapest priced home in Shelby, IN?
The cheapest home for sale in Shelby is priced at $23,199.
Living in Shelby, IN
Located in Shelby County, Shelby, Indiana offers a welcoming small-town atmosphere suited for families and retirees alike. With easy access to outdoor activities and local shops, the area combines charm with community living. The town prides itself on its educational institutions and engages residents with frequent community events.
Current Market Conditions in Shelby, IN
The real estate market in Shelby, IN has been relatively stable, with a consistent demand for housing fueled by its community-oriented lifestyle. Buyers are attracted to the affordable properties and family-friendly amenities, making it an attractive market for first-time homebuyers and investors alike.
Recent trends indicate an increase in home values as demand outpaces supply in certain segments of the market. Shelby's housing market sees modest growth, as new construction has picked up to meet the needs of incoming residents looking for affordable housing options in a pleasant rural setting.
Home Value Estimator For Shelby, IN
There are currently 116 real estate properties
in Shelby, IN,
with a median automated valuation model (AVM) price
of $167,300.00. 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, IN, 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, IN,
is $182,118.00, with the most expensive house
in Shelby, IN, topping out
at $456,802.00 and the cheapest home
in Shelby, IN,
clocking in at $23,199.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shelby, IN!
Rent Prices
In Shelby, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shelby, IN, is on
a rollercoaster ride. The
average rent price in Shelby, IN,
is $1,216.00. Indeed, when looking to rent in
Shelby, IN, you can expect to pay as little
as $780.00 or as much
as $1,680.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Shelby, IN
-- 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.
Learn more on Foreclosure homes
