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Shaftsburg, MI

Full City Profile · Michigan · Shiawassee County County

3.6 /5.0
B+ Good
498 Population 498/sq mi density
$90,054 Median Income $37,873 per capita
$235,900 Home Value $255,263 Zillow
49°F Avg Temperature 260 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$90,054 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$235,900 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher

Housing Overview

Median Home Value
$235,900
16% below
US avg: $281,900
Homeownership Rate
94.0%
44% above US avg (65.4%)
Total Housing Units
261
Median year built: 1979

Home Value by Source

Census Median
$235,900
Zillow (ZHVI)
$255,263
Median Sale Price
$307,000
Median List Price
$175,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.0%
Owner-Occupied
6.0%
Renter-Occupied
94%
6%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo

Market Indicators (Redfin)

Median Days on Market
9 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
18.6%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
94.0%

Complete Housing Data

Home Values

Census Median Value$235,900
Zillow Home Value (ZHVI)$255,263
Median Sale Price$307,000
Median List Price$175,000
Price Per Sq Ft$155

Rent

FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market9
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied94.0%
Renter-Occupied6.0%
Homeownership Rate94.0%
Total Housing Units261
Median Year Built1979
Rent Burden18.6%