The median home in Shelby, Michigan is valued at $232,023, up 5.3% year over year.

Home Value$232,023

+5.3%

Prices rising — worse for buyers.

Affordability

Enter your income for Shelby.

Income (annual)

Down Payment

$46,405 on $232,023

Example: $75,000 household income. Change it above to see your own.

Affordable25.7% of income

Under the 28% guideline.

PITI$1,604

P/I25.7%

Afford$253K

Room+$21K

P&I $1,173Tax $298Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Other cities in Michigan

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Shelby, MI