Shelby, MI Real Estate

According to census data in the year 2000 there were 25,241 housing units in Shelby. This represents a 43.2% growth from 17,630 in 1990.

Of those housing units, 25,157 were located in either urbanized areas or urban clusters, and 84 were located in what is classified as a rural area.

Homeownership rate in Shelby is about 78.3%. Shelby's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Shelby were built after 1982.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7.10%
Two Bedrooms27.20%
Three Bedrooms38.50%
Four Bedrooms24.90%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1981
Median Value of occupied units$195,900
Median Price asked for vacant units$209,100

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1983
Median Monthly Rent asked for vacant units$648

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage3.10%
Home Equity Loan15.80%
Simple Mortgage56.50%
Debt Free24.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%