Shelby

Located in Richland County, this small Ohio city of 8,706 residents offers a tight inventory of just six active listings at a median home price of $108,000. At $82 per square foot, buyers are getting relatively spacious homes, with the average property measuring 2,108 square feet. That combination positions Shelby as an accessible market for buyers seeking more square footage at a lower price point than many comparable Ohio communities. The owner-occupied rate of 63.9 percent reflects a stable base of long-term residents, and the median household income of $52,760 suggests the local price levels remain within reach for many families. Shelby City School District serves the area's younger residents. With only six homes currently on the market, competition for available properties can be meaningful, and prospective buyers may find that well-priced listings move without much time on the market. Anyone monitoring this area should act with a degree of urgency when suitable properties appear.

Market description generated from current MLS and U.S. Census data.