Shelby, AL housing market
The typical Shelby home is worth about $324,000, up 2.6% in a year, 34% above the Alabama typical home.
Home values, sales, trends and how Shelby compares with the towns next door — updated as new data is published.
Shelby at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Shelby | Alabama |
|---|---|---|
| 2017 | $197,000 | $147,000 |
| 2018 | $203,000 | $152,000 |
| 2019 | $214,000 | $158,000 |
| 2020 | $231,000 | $170,000 |
| 2021 | $256,000 | $188,000 |
| 2022 | $284,000 | $215,000 |
| 2023 | $291,000 | $228,000 |
| 2024 | $310,000 | $233,000 |
| 2025 | $320,000 | $238,000 |
| 2026 | $322,000 | $239,000 |
| August 2026 | $324,000 | $242,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Shelby is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $810 · 4 bedrooms $1,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (35051, 35143; Birmingham-Hoover, AL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.