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Shellsburg, IA

Full City Profile · Iowa · Linn County County

3.1 /5.0
B Good
752 Population 940/sq mi density
$69,750 Median Income $33,674 per capita
$184,100 Home Value $310,783 Zillow
$928 Median Rent 22.5% income on rent
50°F Avg Temperature 260 sunny days/yr
77 Violent Crime/100K 1,162 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$69,750 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$184,100 home value, $928/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher

Housing Overview

Median Home Value
$184,100
35% below
US avg: $281,900
Median Rent
$928/mo
20% below
US avg: $1,163/mo
Homeownership Rate
86.4%
32% above US avg (65.4%)
Total Housing Units
385
Median year built: 1976

Home Value by Source

Census Median
$184,100
Zillow (ZHVI)
$310,783
Median Sale Price
$164,900
Median List Price
$232,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.4%
Owner-Occupied
13.6%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $928/mo

Market Indicators (Redfin)

Median Days on Market
154 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$98
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
86.4%

Complete Housing Data

Home Values

Census Median Value$184,100
Zillow Home Value (ZHVI)$310,783
Median Sale Price$164,900
Median List Price$232,500
Price Per Sq Ft$98

Rent

Census Median Rent$928
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market154
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$98

Ownership & Stock

Owner-Occupied86.4%
Renter-Occupied13.6%
Homeownership Rate86.4%
Total Housing Units385
Median Year Built1976
Rent Burden22.5%