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Shelby, OH Real Estate


According to census data in the year 2000 there were 4,352 housing units in Shelby. This represents a 8.5% growth from 4,012 in 1990.

Of those housing units, 4,344 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.

Homeownership rate in Shelby is about 65.2%. Shelby's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Shelby were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom14%
Two Bedrooms25%
Three Bedrooms47.30%
Four Bedrooms10.90%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1950
Median Value of occupied units$81,300
Median Price asked for vacant units$79,300

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1961
Median Monthly Rent asked for vacant units$228

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.90%
Home Equity Loan12%
Simple Mortgage45.10%
Debt Free34.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%