Shelby, NC Real Estate

According to census data in the year 2000 there were 8,827 housing units in Shelby. This represents a 36.3% growth from 6,474 in 1990.

Of those housing units, 8,374 were located in either urbanized areas or urban clusters, and 453 were located in what is classified as a rural area.

Homeownership rate in Shelby is about 57.9%. Shelby's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Shelby were built after 1964.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom9.80%
Two Bedrooms34.70%
Three Bedrooms43.10%
Four Bedrooms9.10%
Five Bedrooms or more2.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1963
Median Value of occupied units$79,300
Median Price asked for vacant units$68,100

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1965
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8%
Home Equity Loan8.90%
Simple Mortgage41.50%
Debt Free41.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%