Shelley, ID housing market
The typical Shelley home is worth about $440,000, up 3% in a year, 8% below the Idaho typical home. Homes typically sell in 52 days.
Home values, sales, trends and how Shelley compares with the towns next door — updated as new data is published.
Shelley at a glance
A seller's market
Supply is tight — about 2.9 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Shelley | Idaho |
|---|---|---|
| 2017 | $178,000 | $217,000 |
| 2018 | $194,000 | $237,000 |
| 2019 | $217,000 | $269,000 |
| 2020 | $244,000 | $299,000 |
| 2021 | $302,000 | $364,000 |
| 2022 | $403,000 | $471,000 |
| 2023 | $413,000 | $464,000 |
| 2024 | $410,000 | $460,000 |
| 2025 | $427,000 | $472,000 |
| 2026 | $438,000 | $478,000 |
| August 2026 | $440,000 | $479,000 |
55 new homes permitted in 2025
Builders were permitted 55 new homes in Shelley in 2025, all single-family houses, worth about $23.5 million to build. That's 11 per 1,000 residents, about the pace of Idaho as a whole. Over the past 10 years, Shelley has permitted 355 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Shelley gained 376 residents while 143 new homes were permitted: about 2.6 new residents per new home. Building and growth moved roughly in step. Across Idaho: 2.7 new residents per new home.
How Shelley ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 35 | 35 | 0 | $15.5 million |
| 2025 | 55 | 55 | 0 | $23.5 million |
| 2024 | 28 | 24 | 4 | $12.4 million |
| 2023 | 27 | 25 | 2 | $10.2 million |
| 2022 | 37 | 37 | 0 | $15.6 million |
| 2021 | 21 | 17 | 4 | $4.6 million |
| 2020 | 69 | 13 | 56 | $9.2 million |
| 2019 | 76 | 10 | 66 | $6.4 million |
| 2018 | 13 | 13 | 0 | $1.3 million |
| 2017 | 3 | 3 | 0 | $323,000 |
| 2016 | 26 | 2 | 24 | $1.2 million |
| 2015 | 4 | 4 | 0 | $365,000 |
| 2014 | 1 | 1 | 0 | $102,000 |
| 2013 | 4 | 4 | 0 | $373,000 |
| 2012 | 2 | 2 | 0 | $226,000 |
| 2011 | 4 | 4 | 0 | $404,000 |
| 2010 | 10 | 10 | 0 | $881,000 |
| 2009 | 15 | 7 | 8 | $977,000 |
| 2008 | 34 | 6 | 28 | $1.9 million |
| 2007 | 39 | 0 | 39 | $2.2 million |
| 2006 | 23 | 7 | 16 | $1.3 million |
| 2005 | 29 | 23 | 6 | $2.7 million |
| 2004 | 64 | 20 | 44 | $4.9 million |
| 2003 | 29 | 29 | 0 | $3.1 million |
| 2002 | 16 | 16 | 0 | $1.4 million |
| 2001 | 8 | 8 | 0 | $681,000 |
| 2000 | 2 | 2 | 0 | $157,000 |
How Shelley ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.7 years of income
The typical Shelley home costs about 5.7 years of the town's median household income, less than across Idaho (6.2 years).
How Shelley ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,180
HUD's Fair Market Rent for a two-bedroom in Shelley is $1,180 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Shelley pay a median of $1,265. A two-bedroom takes about 18% of the town's median household income.
Studio $940 · 4 bedrooms $1,990
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (83274; Idaho Falls, ID 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. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.