Median price for residential apartments in as of May, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
68 Shelbyville, KY 40065, USA apartments for sale
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Shelbyville
According to statistics, the population in Shelbyville, KY amounts to 15,318, which shows growth 2% compared to the previous year. The median age of the city’s residents is 35. The average household income is $50,703, shifting growth 13% from the past year, and the average property value in Shelbyville, KY growth 2% to $157,900 throughout the year.
| Population | 15,318 |
| Median Age | 35.2 |
| Poverty Rate | 15% |
| Household Income | $50,703 |
| Number Of Employees | 7,554 |
| Median Property Value | $157,900 |
Household Income
The average household income in Shelbyville, KY grew from $44,739 to $50,703 in the past year. This data is an estimate based upon 5,641 households in Shelbyville, KY . The chart below presents how household income is distributed in Shelbyville, KY in comparison to the revenue allocation amid households nationally.
- USA
- Shelbyville, KY
Property Value
According to data from last year, the average property value in Shelbyville, KY shifted from $154,100 to $157,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Shelbyville, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Shelbyville, KY properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
- USA
- Shelbyville, KY
Rent vs. Own
- Rent50%
- Own50%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Shelbyville, KY compared to median property taxes around the country. The prevalent amount of property taxes in Shelbyville, KY equals $1150, which is less than the national average.
- USA
- Shelbyville, KY
Housing Trends
Shelbyville, KY 40065, USA Housing Trends
Average sale in Shelbyville: $239,933 (-19.4%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| 2 bed apartments | $109,500 | N/A |
| 3 bed apartments | $239,933 | +1.2% |
| 4+ bed apartments | $347,480 | N/A |
During May 2021, the average price for an apartment in/near Shelbyville, KY decreased by 19.4% to $239,933.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $109,500. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $239,933. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $347,480 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Houses for sale | $239,933 | -19.4% |
According to statistics, average house is still $239,933 with no significant changes this month.
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