Current Price

$167,831

1 Month Forecast

â–² $180,776

1-Year Forecast *

â–² $190,498

5-Year Forecast *

â–² $224,176

"Is it a good time to buy homes in Shelby?" "Does investing in real estate in Shelby (Ohio State, Richland County) worth it?" According to our live Forecast System, buying a house in Shelby is a good short-term (1-year) investment*. The Shelby average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Shelby" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Shelby in Ohio State, Richland County. If you are looking for homes for sale with good flipping profit, Shelby can be a profitable property investment option. The median price of an average house in Shelby was 167,831 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Shelby" area is 224,176 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +33.57% meaning that investing 100000 USD today may yield a profit of 33,573 USD by 2031.

Current Median Listing Price: 167,831 USD Median Listing Price Per Square Foot: 93 USD

Shelby Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Shelby (Ohio State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Shelby Price Target

Shelby median home price target in 12 months: $190,498* (upside of 13.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $174,856 $179,915 $174,856 $179,915
2024 $157,687 $167,831 $157,687 $167,831
2023 $147,223 $157,334 $147,062 $157,334
2022 $140,183 $147,900 $140,183 $148,288
2021 $123,237 $138,249 $123,237 $138,249
2020 $106,704 $121,110 $106,704 $121,110
2019 $99,426 $105,791 $99,426 $105,791
2018 $90,792 $98,914 $90,792 $98,914
2017 $85,095 $90,412 $85,095 $90,412
2016 $81,956 $85,006 $81,956 $85,006
2015 $76,083 $81,122 $76,059 $81,122
2014 $76,142 $76,144 $76,142 $76,916
2013 $75,852 $76,636 $75,852 $77,934
2012 $74,634 $75,503 $73,902 $75,503

Questions & Answers about the Shelby Housing Market Forecast

How much does an average home cost in Shelby today?

The value of an average home (the listing price) in Shelby is $167,831 USD.

What is the average price per square foot in Shelby?

According to Walletinvestor the median price per square foot in Shelby is 93 USD.

Will the median listing price of homes in Shelby grow / rise / go up?

Yes. The Shelby home prices may rise from 167,831 USD to 190,498 USD in one year.

Is it profitable to invest in Shelby homes?

Yes. The long-term profit potential is +13.51% in one year.

Will Shelby house prices fall / drop?

No. See above.

What is the predicted price of a Shelby home in 2030?

The predicted home sales price of a Shelby home in 2030 in Shelby is 212,162 USD.

What is the predicted price of a Shelby home in 2035?

The predicted home sales price of a Shelby home in 2035 in Shelby is 263,840 USD.

Will real estate prices decrease in Shelby?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Shelby is the 4381. largest city in the United States, located in Ohio State.

During the last 12 months the real estate prices in Richland, Shelby decreased, looking at the past 12 months.

According to Walletinvestor's Shelby real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.167% to 167,831 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 13.196% in 2021
  • 13.796% in 2022
  • 12.896% in 2023
  • 12.966% in 2024
  • 14.216% in 2025
  • 12.146% in 2026

Based on our Shelby real estate market research and report the predicted sales prices will increase by 254.968% in the next 10 years.

Over the last 12 months, the value of homes in Shelby fluctuated: increasing 4 times .

Shelby (Ohio) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Shelby Housing Market Forecast with Real Estate Prices for 2025
August 2025 180776 168483 193069
September 2025 181641 168926 194356
October 2025 182510 172472 192548
November 2025 183383 167062 199704
December 2025 184260 170257 198264
Shelby Housing Market Forecast with Real Estate Prices for 2026
January 2026 185120 168089 202151
February 2026 186006 174101 197910
March 2026 186896 169327 204464
April 2026 187790 173142 202437
May 2026 188688 169819 207557
June 2026 189591 178595 200587
July 2026 190498 177354 203642
August 2026 191409 172268 210550
September 2026 192325 176939 207711
October 2026 193135 181160 205109
November 2026 193436 183184 203688
December 2026 193575 183702 203447
Shelby Housing Market Forecast with Real Estate Prices for 2027
January 2027 193629 175621 211636
February 2027 194070 184172 203967
March 2027 194274 176207 212342
April 2027 193873 182629 205118
May 2027 193473 177802 209145
June 2027 193262 178767 207756
July 2027 194004 180036 207973
August 2027 194933 183821 206044
September 2027 195834 185455 206213
October 2027 196771 186342 207200
November 2027 197712 179523 215902
December 2027 198658 180382 216935
Shelby Housing Market Forecast with Real Estate Prices for 2028
January 2028 199609 179847 219370
February 2028 200564 188329 212798
March 2028 201523 181774 221273
April 2028 202386 185386 219387
May 2028 202841 186411 219271
June 2028 203717 192513 214922
July 2028 204692 193024 216359
August 2028 205671 193125 218217
September 2028 206655 187230 226081
October 2028 207644 189164 226124
November 2028 208555 187700 229411
December 2028 208727 195160 222295
Shelby Housing Market Forecast with Real Estate Prices for 2029
January 2029 208733 193495 223971
February 2029 209243 198153 220333
March 2029 209869 189722 230017
April 2029 210823 190162 231483
May 2029 211831 191496 232167
June 2029 212157 201125 223189
July 2029 212162 199856 224467
August 2029 212735 195929 229541
September 2029 213753 192805 234701
October 2029 214776 197808 231743
November 2029 215803 197028 234578
December 2029 216836 199706 233966
Shelby Housing Market Forecast with Real Estate Prices for 2030
January 2030 217873 198918 236828
February 2030 218916 198337 239494
March 2030 219963 200166 239760
April 2030 221015 206207 235823
May 2030 222046 203394 240698
June 2030 223109 209276 236941
July 2030 224176 210277 238075
August 2030 225249 208805 241692
September 2030 226326 211389 241264
October 2030 227409 205123 249695
November 2030 228497 216387 240607
December 2030 229590 214437 244743
Shelby Housing Market Forecast with Real Estate Prices for 2031
January 2031 230689 208543 252835
February 2031 231660 218918 244401
March 2031 232021 218332 245711
April 2031 232187 213148 251227
May 2031 232252 218781 245723
June 2031 232781 215090 250473
July 2031 233026 214384 251669
August 2031 232546 219523 245568
September 2031 232066 214197 249935
October 2031 231812 210949 252675
November 2031 232703 209433 255973
December 2031 233816 215111 252522
Shelby Housing Market Forecast with Real Estate Prices for 2032
January 2032 234898 216106 253689
February 2032 236021 214543 257499
March 2032 237151 219127 255174
April 2032 238285 214933 261637
May 2032 239425 217638 261213
June 2032 240571 217476 263666
July 2032 241722 228427 255016

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.