Shelby, IA Real Estate
According to census data in the year 2000 there were 291 housing units in Shelby.
This represents a 7.4% growth from 271 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 291 were located in what is classified as a rural area.
Homeownership rate in Shelby is about 80.6%.
Shelby's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Shelby were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||7.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.53|
|Median year structure was built||1939|
|Median Value of occupied units||$73,400|
|Median Price asked for vacant units||$62,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.02|
|Median year structure was built||1956|
|Median Monthly Rent asked for vacant units||$338|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.4%|