Shelby, MT Real Estate
According to census data in the year 2000 there were 1,343 housing units in Shelby.
This represents a 3.1% growth from 1,302 in 1990.
Of those housing units, 1,243 were located in either urbanized areas or urban clusters, and 100 were located in what is classified as a rural area.
Homeownership rate in Shelby is about 70.1%.
Shelby's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Shelby were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 18.40% |
| Two Bedrooms | 25.90% |
| Three Bedrooms | 30.40% |
| Four Bedrooms | 18.40% |
| Five Bedrooms or more | 5.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $65,600 |
| Median Price asked for vacant units | $66,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $350 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 49.40% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
