Similar to other places in this area, it's a lot less expensive compared to the rest of the country. Compared to the city of Columbia, it is significantly less expensive.
Home prices
Shelbyville's median home price is $59,100. It is approximately $1,020 (1%) higher in comparison to its surrounding areas.It is about $158,400 (72%) lower in comparison to the entire nation, and is about $132,700 (69%) lower compared to the city of Columbia.
Rents
The median monthly rent in Shelbyville is $513. Compared to its surrounding areas it is is very similar.It is about $549 (51%) lower in comparison to the rest of the country, and compared to the city of Columbia it is roughly $374 (42%) lower.
Nearby places
Bethel
Bethel is approximately 4 miles north of Shelbyville. The real estate prices there are a little less expensive. The median home in Bethel costs $50,000, which comes out to $9,100 (18%) lower than Shelbyville. Rents there are similar. The median monthly rent in Bethel is $513, which is very similar to Shelbyville.
Shelbina
Shelbina is approximately 7 miles south of Shelbyville. The real estate prices there are a bit more expensive. The median home in Shelbina costs $69,200, which works out to $10,100 (14%) higher than Shelbyville. The rent there is somewhat more expensive. Shelbina's median monthly rent is $611, which comes out to $98 (16%) higher than Shelbyville.
Clarence
Clarence is about 10 miles southwest of Shelbyville. Its housing prices are a little less expensive. The median home in Clarence is valued at $49,000, which comes out to $10,100 (20%) lower than Shelbyville. The rent there is a little less expensive. The median rent in Clarence is $397 per month, which works out to $116 (29%) lower than Shelbyville.
Hunnewell
Hunnewell is roughly 12 miles southeast of Shelbyville. The housing prices there are substantially less expensive. The median home in Hunnewell costs $34,300, which is $24,800 (72%) lower than Shelbyville. Rent there is a bit less expensive. Hunnewell's median rent is $440 per month, which is $73 (16%) lower than Shelbyville.
Monroe City
Monroe City is approximately 17 miles southeast from Shelbyville. Its real estate prices are a lot more expensive. The median home price in Monroe City is $87,900, which is $28,800 (32%) higher than Shelbyville. Rents there are a little more expensive. The median monthly rent in Monroe City is $602, which works out to $89 (14%) higher than Shelbyville.
