Shelbyville, IN Real Estate
According to census data in the year 2000 there were 7,835 housing units in Shelbyville.
This represents a 19.3% growth from 6,567 in 1990.
Of those housing units, 7,667 were located in either urbanized areas or urban clusters, and 168 were located in what is classified as a rural area.
Homeownership rate in Shelbyville is about 58%.
Shelbyville's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Shelbyville were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 15.60% |
| Two Bedrooms | 37.20% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $86,900 |
| Median Price asked for vacant units | $92,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $555 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 52.50% |
| Debt Free | 31.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
