Home prices
Shelbyville's median home price is $178,600. Compared to its surrounding areas it is roughly $37,900 (26%) higher.It is roughly $38,900 (17%) lower in comparison to the entire nation, and is about $40,600 (29%) higher compared to the city of Cincinnati.
Rents
In Shelbyville the median rent is $835 per month. Compared to the surrounding areas it is roughly $86 (11%) higher.It is about $227 (21%) lower compared to the country as a whole, and in comparison to the city of Cincinnati it is roughly $97 (13%) higher.
Nearby places
Simpsonville
Simpsonville is approximately 5 miles west from Shelbyville. Its real estate prices are similar. The median home cost in Simpsonville is $183,900, which is $5,300 (2%) higher than Shelbyville. Rents there are a bit more expensive. Simpsonville's median monthly rent is $907, which works out to $72 (7%) higher than Shelbyville.
Eminence
Eminence is approximately 11 miles north of Shelbyville. Its housing prices are a lot less expensive. The median home in Eminence costs $100,100, which is $78,500 (78%) lower than Shelbyville. The rent there is a little less expensive. In Eminence the median monthly rent is $771, which works out to $64 (8%) lower than Shelbyville.
Pleasureville
Pleasureville is roughly 11 miles northeast of Shelbyville. The real estate prices there are significantly less expensive. The median home price in Pleasureville is $104,400, which is $74,200 (71%) lower than Shelbyville. Rents there are fairly similar. Pleasureville's median monthly rent is $815, which works out to $20 (2%) lower than Shelbyville.
Smithfield
Smithfield is roughly 12 miles north of Shelbyville. The housing prices there are a bit less expensive. The median home value in Smithfield is $137,500, which is $41,100 (29%) lower than Shelbyville. Its rents are a little less expensive. In Smithfield the median monthly rent is $642, which works out to $193 (30%) lower than Shelbyville.
Taylorsville
Taylorsville is about 12 miles southwest from Shelbyville. The housing prices there are pretty similar. The cost of the median home in Taylorsville is $177,600, which is very similar to Shelbyville. Its rents are substantially less expensive. Taylorsville's median rent is $609 per month, which works out to $226 (37%) lower than Shelbyville.