What is the median home value in Shelby Township, MI?

The median value of owner-occupied homes in Shelby Township, MI is $180,800 (±$28,033), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Shelby Township, the median home value went from $105,600 in 2015–2019 to $180,800 in 2020–2024 (+71.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$180,800 (±$28,033)
Owner-occupied homes
1,163 (±111)
Most common range
$200,000 to $299,999

Home values in Shelby Township

Owner-occupied homes by value, 2020–2024
ValueShelby TownshipOceana CountyMichiganUnited States
Less than $50,0005.2% (±2.2 points)9.7%7.6%5.3%
$50,000 to $99,99911.0% (±4.4 points)12.2%9.2%6.1%
$100,000 to $149,99922.9% (±7.8 points)16.2%10.6%6.8%
$150,000 to $199,99915.0% (±4.7 points)13.6%14.1%9.0%
$200,000 to $299,99929.8% (±6.1 points)23.8%23.4%17.8%
$300,000 to $499,9998.9% (±3.5 points)15.3%24.1%26.9%
$500,000 to $999,9994.5% (±3.6 points)7.0%9.2%20.9%
$1,000,000 or more2.8% (±3.2 points)2.3%1.6%7.1%

The most common range is $200,000 to $299,999, 29.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Shelby Township against Oceana County, its state and the nation

Estimate (90% margin of error)
Shelby TownshipOceana CountyMichiganUnited States
Median home value$180,800 (±$28,033)$190,100 (±$13,158)$231,600 (±$642)$332,700
Owner-occupied homes1,163 (±111)8,799 (±208)2,984,190 (±12,886)84,210,142

In Shelby Township, the median home value is not measurably different from Oceana County ($190,100).

It is also lower than in Michigan ($231,600).

It is lower than the national figure ($332,700).

In Oceana County, Shelby Township ranks 9 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 887 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Shelby Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$105,600 (±$11,850)$180,800 (±$28,033)+71.2%Up after inflation
Median owner cost with a mortgage$971 (±$67)$1,163 (±$83)+19.8%No measurable change after inflation
Median real estate taxes$1,474 (±$155)$1,832 (±$161)+24.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Shelby Township

Nearest places with a published estimate, compared with Shelby Township
PlaceDistanceMedian home valueCompared with this place
Shelby Township—$180,800 (±$28,033)—
Hart Township5.4 mi$192,400 (±$30,565)Not measurably different
Ferry Township5.5 mi$201,800 (±$65,494)Not measurably different
Rothbury6.4 mi$131,500 (±$18,255)Lower
Hart6.4 mi$140,900 (±$21,073)Lower
Grant Township (Oceana County)6.7 mi$131,000 (±$24,152)Lower
Benona Township7.0 mi$248,600 (±$35,126)Higher
Claybanks Township8.0 mi$275,000 (±$45,877)Higher
Elbridge Township8.3 mi$207,500 (±$42,782)Not measurably different

Nearby places with a measurably lower figure: Rothbury, MI ($131,500), Hart, MI ($140,900), Grant Township (Oceana County), MI ($131,000).

Nearby places with a measurably higher figure: Benona Township, MI ($248,600), Claybanks Township, MI ($275,000).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Oceana County, place by place

RankPlaceMedian home value
3Golden Township$264,700 (±$39,849)
4Benona Township$248,600 (±$35,126)
5Elbridge Township$207,500 (±$42,782)
6Ferry Township$201,800 (±$65,494)
7Hart Township$192,400 (±$30,565)
8Greenwood Township (Oceana County)$186,500 (±$47,773)
9Shelby Township$180,800 (±$28,033)
10Weare Township$173,500 (±$25,685)
11Otto Township$170,700 (±$28,253)
12Newfield Township$170,200 (±$11,544)
13Colfax Township (Oceana County)$156,500 (±$65,592)
14Hart$140,900 (±$21,073)
15Grant Township (Oceana County)$131,000 (±$24,152)

Showing 13 of 17 places in Oceana County, ranked from highest to lowest.

The figures for Shelby Township include the places inside it that have pages of their own: New Era, Shelby.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Shelby Township

What is the average home value in Shelby Township, MI?

The Census Bureau publishes the median: $180,800 (±$28,033) for owner-occupied homes in Shelby Township (2020–2024 American Community Survey).

Have home values in Shelby Township gone up?

In Shelby Township, the median home value went from $105,600 in 2015–2019 to $180,800 in 2020–2024 (+71.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Shelby Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Shelby township, Oceana County, Michigan (county subdivision:72860, in state:26 county:127).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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