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market report · 49344
Shelbyville, MI · 49344
5 active listings$285,900 median ask$1,950 est. rent0.7% price/rent
$285,900
Median list price
$1,950/mo
Estimated rent
0.7%
Price / rent ratio
5
Listings
FHFA home price index · 2016–2025
101.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.45
Median rent / sqft
5 comps
$242.29
Median sold / sqft
5 comps
—
Walkability
4.9%
Area unemployment
BLS LAUS
Median household income $84,661 · median home value $313,400 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 27).
top deals · highest rent-to-price
11935 Farm View Dr, Shelbyville, MI 49344
Shelbyville, MI
$115,000$1,863/mo1.6%
4662 Circle Inn Dr, Shelbyville, MI 49344
Shelbyville, MI
$179,900$1,948/mo1.1%
11264 Keller Rd, Shelbyville, MI 49344
Shelbyville, MI
$285,900$2,188/mo0.8%
700 129th Ave, Shelbyville, MI 49344
Shelbyville, MI
$399,900$1,950/mo0.5%
4271 Pickerel Cove Rd, Shelbyville, MI 49344
Shelbyville, MI
$950,000$3,053/mo0.3%