Housing · Shelby
Shelby, MI housing market
The typical Shelby home is worth about $406,000, up 2.3% in a year, 53% above the Michigan typical home.
Home values, sales, trends and how Shelby compares with the towns next door — updated as new data is published.
The market right now
Shelby at a glance
Typical home value
$406K
▲ 2.3% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
ShelbyMichigan
Show as a table
| January | Shelby | Michigan |
|---|---|---|
| 2017 | $242,000 | $144,000 |
| 2018 | $257,000 | $155,000 |
| 2019 | $268,000 | $165,000 |
| 2020 | $275,000 | $175,000 |
| 2021 | $296,000 | $194,000 |
| 2022 | $337,000 | $217,000 |
| 2023 | $359,000 | $230,000 |
| 2024 | $370,000 | $241,000 |
| 2025 | $390,000 | $253,000 |
| 2026 | $404,000 | $262,000 |
| August 2026 | $406,000 | $266,000 |
Nearby
Shelby and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Shelby | $406K | +2.3% | — | $91,012 |
| Utica | $258K | +0.1% | 19 | $58,718 |
| Rochester Hills | $470K | +3.5% | 10 | $120,694 |
| Sterling Heights | $309K | +1.4% | 12 | $79,909 |
| Macomb | $429K | +2.6% | — | $120,652 |
| Washington | $480K | +2.2% | — | $97,723 |
| Rochester | $494K | +4.1% | 11 | $111,750 |
Affordability
4.5 years of income
The typical Shelby home costs about 4.5 years of the town's median household income, more than across Michigan (3.7 years).
How Shelby ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
74.3%
Michigan: 73.2%
Median tax bill
$3,792
Michigan: $2,904
Median rent
$1,346
Michigan: $1,129
Typical home built
1989
Michigan: 1972
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.