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Shelby, OH

Full City Profile · Ohio · Richland County County

3.0 /5.0
B Good
8,706 Population 1,375/sq mi density
$52,760 Median Income $27,234 per capita
$117,300 Home Value $178,106 Zillow
$724 Median Rent 26.0% income on rent
50°F Avg Temperature 275 sunny days/yr
178 Violent Crime/100K 2,568 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$52,760 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$117,300 home value, $724/mo rent
F
Safety
1.0 / 5.0
178 violent crimes/100K
C
Education
2.2 / 5.0
15.2% bachelor's degree or higher

Housing Overview

Median Home Value
$117,300
58% below
US avg: $281,900
Median Rent
$724/mo
38% below
US avg: $1,163/mo
Homeownership Rate
63.9%
2% below US avg (65.4%)
Total Housing Units
3,755
Median year built: 1956

Home Value by Source

Census Median
$117,300
Zillow (ZHVI)
$178,106
Median Sale Price
$176,540
Median List Price
$171,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.9%
Owner-Occupied
36.1%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$720/mo
1 Bedroom
$787/mo
2 Bedroom
$1,033/mo
3 Bedroom
$1,384/mo
4 Bedroom
$1,448/mo
Census median rent: $724/mo

Market Indicators (Redfin)

Median Days on Market
7 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
11
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$123
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
63.9%

Complete Housing Data

Home Values

Census Median Value$117,300
Zillow Home Value (ZHVI)$178,106
Median Sale Price$176,540
Median List Price$171,950
Price Per Sq Ft$123

Rent

Census Median Rent$724
FMR Studio$720
FMR 1-Bedroom$787
FMR 2-Bedroom$1,033
FMR 3-Bedroom$1,384
FMR 4-Bedroom$1,448

Market

Days on Market7
Sale-to-List Ratio0.9%
Price Drops14.3%
Homes Sold11
Active Inventory21
Price Per Sq Ft$123

Ownership & Stock

Owner-Occupied63.9%
Renter-Occupied36.1%
Homeownership Rate63.9%
Total Housing Units3,755
Median Year Built1956
Rent Burden26.0%