Housing in Shelby, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$143,500
Median List Price
N/A
Price Per Sq Ft
$78
Days on Market
43
Active Inventory
1
Months of Supply
0.5
Seller's market
Zillow Home Value
$226,262
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
90.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$78
Shelby vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Shelby is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$156,300
Median Rent
$872
Total Housing Units
422
Vacancy Rate
7.6%
Owner Occupied
64.6%
Renter Occupied
35.4%
Median Property Tax
$1,944
per year
Monthly Cost (w/ Mortgage)
$1,042
Housing Types
The current median sale price in Shelby, IA is $143,500 according to Redfin data. Homes spend a median of 43 days on the market. 0.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $78. The median rent is $872 per month (Census ACS). About 64.6% of housing units are owner-occupied. The median year homes were built is 1938. There are 422 total housing units.