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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 9.80% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 43.10% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $79,300 |
| Median Price asked for vacant units | $68,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $350 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 41.50% |
| Debt Free | 41.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
