Home prices
The median home in Shelby costs $102,900. Compared to nearby areas it is about $8,960 (8%) lower.In comparison to the entire nation it is about $114,600 (52%) lower, and compared to the city of Omaha it is roughly $56,800 (35%) lower.
Rents
The median monthly rent in Shelby is $756. In comparison to the surrounding areas it is about $31 (4%) higher.In comparison to the country as a whole it is about $306 (28%) lower, and it is approximately $167 (18%) lower compared to the city of Omaha.
Nearby places
Minden
Minden is about 4 miles southwest from Shelby. The housing prices there are a bit more expensive. The median home in Minden costs $133,800, which works out to $30,900 (23%) higher than Shelby. Rents there are a bit less expensive. Minden's median rent is $597 a month, which works out to $159 (26%) lower than Shelby.
Avoca
Avoca is approximately 5 miles east of Shelby. Housing prices there are somewhat more expensive. The median home in Avoca is valued at $119,500, which comes out to $16,600 (13%) higher than Shelby. The rent there is fairly similar. Avoca's median rent is $738 per month, which works out to $18 (2%) lower than Shelby.
Persia
Persia is approximately 7 miles northwest of Shelby. Its housing prices are significantly less expensive. The median home in Persia costs $77,500, which comes out to $25,400 (32%) lower than Shelby. Rent there is a bit more expensive. The median monthly rent in Persia is $836, which works out to $80 (9%) higher than Shelby.
Neola
Neola is roughly 8 miles southwest of Shelby. Its housing prices are a little more expensive. Neola's median home price is $120,700, which is $17,800 (14%) higher than Shelby. Rent there is a bit more expensive. In Neola the median rent is $870 per month, which works out to $114 (13%) higher than Shelby.
Portsmouth
Portsmouth is approximately 10 miles north of Shelby. Its real estate prices are fairly similar. The price of the median home in Portsmouth is $107,800, which works out to $4,900 (4%) higher than Shelby. The rent there is a little less expensive. In Portsmouth the median monthly rent is $583, which is $173 (29%) lower than Shelby.
