Home prices
The median home cost in Shellsburg is $153,300. This is approximately $17,680 (10%) lower compared to nearby areas.In comparison to the nation as a whole it is about $64,200 (29%) lower, and is approximately $11,500 (8%) higher in comparison to the city of Cedar Rapids.
Rents
In Shellsburg the median monthly rent is $769. In comparison to its nearby areas this is about $70 (10%) higher.It is roughly $293 (27%) lower in comparison to the country as a whole, and in comparison to the city of Cedar Rapids is is very similar.
Nearby places
Palo
Palo is approximately 3 miles southeast from Shellsburg. Its real estate prices are somewhat more expensive. The median home in Palo is valued at $191,900, which works out to $38,600 (20%) higher than Shellsburg. Rents there are a bit more expensive. Palo's median monthly rent is $1,006, which comes out to $237 (23%) higher than Shellsburg.
Atkins
Atkins is about 6 miles south of Shellsburg. Its housing prices are a bit more expensive. Atkins's median home cost is $223,500, which works out to $70,200 (31%) higher than Shellsburg. The rent there is somewhat less expensive. Atkins's median rent is $585 a month, which works out to $184 (31%) lower than Shellsburg.
Center Point
Center Point is approximately 7 miles northeast of Shellsburg. Housing prices there are a bit more expensive. Center Point's median home price is $164,200, which comes out to $10,900 (6%) higher than Shellsburg. Its rents are a little less expensive. The median monthly rent in Center Point is $729, which is $40 (5%) lower than Shellsburg.
Newhall
Newhall is approximately 7 miles southwest from Shellsburg. Real estate prices there are somewhat less expensive. The price of the median home in Newhall is $137,700, which comes out to $15,600 (11%) lower than Shellsburg. Its rents are substantially less expensive. The median monthly rent in Newhall is $517, which is $252 (48%) lower than Shellsburg.
Vinton
Vinton is approximately 8 miles northwest of Shellsburg. Real estate prices there are somewhat less expensive. The median home in Vinton is valued at $137,600, which works out to $15,700 (11%) lower than Shellsburg. Rents there are somewhat less expensive. Vinton's median rent is $657 a month, which is $112 (17%) lower than Shellsburg.