Shelton, WA housing market
The typical Shelton home is worth about $423,000, about the same as a year ago, 28% below the Washington typical home. Homes typically sell in 77 days, close to asking.
Home values, sales, trends and how Shelton compares with the towns next door — updated as new data is published.
Shelton at a glance
A balanced market
About 4.3 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Shelton | Washington |
|---|---|---|
| 2017 | $194,000 | $326,000 |
| 2018 | $225,000 | $362,000 |
| 2019 | $256,000 | $390,000 |
| 2020 | $276,000 | $413,000 |
| 2021 | $335,000 | $471,000 |
| 2022 | $398,000 | $554,000 |
| 2023 | $406,000 | $572,000 |
| 2024 | $414,000 | $582,000 |
| 2025 | $427,000 | $605,000 |
| 2026 | $427,000 | $601,000 |
| August 2026 | $423,000 | $592,000 |
10 new homes permitted in 2025
Builders were permitted 10 new homes in Shelton in 2025, all single-family houses, worth about $2.2 million to build. That's 0.9 per 1,000 residents, slower than across Washington (4.6). Over the past 10 years, Shelton has permitted 315 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Shelton gained 537 residents while 195 new homes were permitted: about 2.8 new residents per new home. Building and growth moved roughly in step. Across Washington: 2.7 new residents per new home.
How Shelton 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) | 70 | 70 | 0 | $18.6 million |
| 2025 | 10 | 10 | 0 | $2.2 million |
| 2024 | 42 | 42 | 0 | $10.5 million |
| 2023 | 7 | 7 | 0 | $1.4 million |
| 2022 | 12 | 12 | 0 | $2.7 million |
| 2021 | 16 | 16 | 0 | $3.9 million |
| 2020 | 71 | 69 | 2 | $15.6 million |
| 2019 | 61 | 59 | 2 | $13.4 million |
| 2018 | 64 | 60 | 4 | $13.9 million |
| 2017 | 23 | 19 | 4 | $4.6 million |
| 2016 | 9 | 9 | 0 | $1.6 million |
| 2015 | 2 | 2 | 0 | $262,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 19 | 4 | 15 | $1.8 million |
| 2012 | 2 | 2 | 0 | $320,000 |
| 2011 | 6 | 6 | 0 | $480,000 |
| 2010 | 9 | 9 | 0 | $1.3 million |
| 2009 | 12 | 9 | 3 | $1.9 million |
| 2008 | 14 | 14 | 0 | $1.9 million |
| 2007 | 21 | 21 | 0 | $3.7 million |
| 2006 | 33 | 29 | 4 | $4.4 million |
| 2005 | 43 | 41 | 2 | $4.1 million |
| 2004 | 34 | 34 | 0 | $4.5 million |
| 2003 | 31 | 31 | 0 | $4.1 million |
| 2002 | 29 | 29 | 0 | $3.9 million |
| 2001 | 33 | 33 | 0 | $2.9 million |
| 2000 | 43 | 19 | 24 | $1.8 million |
How Shelton 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.
6.1 years of income
The typical Shelton home costs about 6.1 years of the town's median household income, about the same as across Washington (6).
How Shelton 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 $1,380
HUD's Fair Market Rent for a two-bedroom in Shelton is $1,380 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Shelton pay a median of $1,365. A two-bedroom takes about 24% of the town's median household income.
Studio $1,050 · 4 bedrooms $2,140
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (98584; Mason County, WA), 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.