Home prices
The median home value in Shelbyville is $80,100. Compared to its surrounding areas it is about $11,400 (16%) higher.In comparison to the US as a whole it is approximately $137,400 (63%) lower, and is about $81,700 (50%) lower in comparison to the city of Champaign.
Rents
Shelbyville's median rent is $571 a month. In comparison to other places in this area this is roughly $137 (19%) lower.Compared to the country as a whole it is about $491 (46%) lower, and is roughly $381 (40%) lower in comparison to the city of Champaign.
Nearby places
Tower Hill
Tower Hill is roughly 7 miles west from Shelbyville. Real estate prices there are substantially less expensive. The median home in Tower Hill costs $49,400, which comes out to $30,700 (62%) lower than Shelbyville. Rent there is a little more expensive. The median rent in Tower Hill is $653 per month, which comes out to $82 (12%) higher than Shelbyville.
Findlay
Findlay is about 7 miles north of Shelbyville. Its housing prices are a bit less expensive. The median home in Findlay is valued at $71,800, which comes out to $8,300 (11%) lower than Shelbyville. Its rents are a bit more expensive. In Findlay the median rent is $708 a month, which comes out to $137 (19%) higher than Shelbyville.
Strasburg
Strasburg is about 9 miles southeast from Shelbyville. Its housing prices are fairly similar. The cost of the median home in Strasburg is $84,200, which works out to $4,100 (4%) higher than Shelbyville. Rents there are a little more expensive. The median monthly rent in Strasburg is $775, which comes out to $204 (26%) higher than Shelbyville.
Cowden
Cowden is about 11 miles south from Shelbyville. Housing prices there are somewhat less expensive. Cowden's median home price is $62,700, which is $17,400 (27%) lower than Shelbyville. Rents there are somewhat more expensive. In Cowden the median rent is $764 a month, which is $193 (25%) higher than Shelbyville.
Pana
Pana is approximately 12 miles west of Shelbyville. Its real estate prices are somewhat less expensive. The median home value in Pana is $75,400, which comes out to $4,700 (6%) lower than Shelbyville. Its rents are a bit more expensive. In Pana the median rent is $638 a month, which comes out to $67 (10%) higher than Shelbyville.
