Shelby (48315) has an estimated 26,563 residents with 26,288 of those people in approximately 10,000 housing units. The 48315 zipcode contains 6,017 housing units that are owned with a mortgage or a loan, 2,782 housing units that are owned free and clear and 1,201 housing units that are renter occupied.

In Shelby (48315) the median listing price of $339,000 has dropped by $900 since 2018-10.

In 2018 the average percentage drop was 3.33% of original listing price.

58 homes were sold in 2018-11 in Shelby, MI (48315).
This monthly number has risen by 19 from the previous month.

Zip code 48315 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in Shelby, MI (48315) is $318,000 as of 2018-10-31

In Shelby, MI (48315), values have dropped by -0.02 from when they peaked at $323,700 in 2018-Q3

The Zillow Market Health Index for Shelby, MI (48315) is 2.43. The corresponding state value is 6.27. This is significantly lower than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is significantly lower than the overall Market Health Index of Detroit-Warren-Dearborn.