Home prices
The median home in Shelton is valued at $108,400. It is about $18,680 (20%) higher compared to its surrounding areas.In comparison to the United States as a whole it is approximately $109,100 (50%) lower, and it is about $32,400 (23%) lower compared to the city of Grand Island.
Rents
The median monthly rent in Shelton is $658. This is approximately $104 (13%) lower compared to its surrounding areas.Compared to the United States as a whole it is about $404 (38%) lower, and it is approximately $109 (14%) lower in comparison to the city of Grand Island.
Nearby places
Gibbon
Gibbon is roughly 5 miles southwest of Shelton. Its housing prices are somewhat more expensive. The median home value in Gibbon is $118,300, which is $9,900 (8%) higher than Shelton. Rents there are a bit more expensive. Gibbon's median monthly rent is $815, which works out to $157 (19%) higher than Shelton.
Wood River
Wood River is about 6 miles northeast of Shelton. The real estate prices there are a bit less expensive. Wood River's median home cost is $102,800, which works out to $5,600 (5%) lower than Shelton. The rent there is somewhat more expensive. In Wood River the median rent is $759 per month, which works out to $101 (13%) higher than Shelton.
Kenesaw
Kenesaw is approximately 11 miles south of Shelton. Its real estate prices are similar. The median home in Kenesaw is valued at $105,700, which is $2,700 (2%) lower than Shelton. Its rents are somewhat more expensive. In Kenesaw the median rent is $703 per month, which is $45 (6%) higher than Shelton.
Alda
Alda is about 13 miles northeast of Shelton. The real estate prices there are a lot less expensive. The median home in Alda costs $79,700, which is $28,700 (36%) lower than Shelton. Its rents are a little more expensive. The median rent in Alda is $775 a month, which works out to $117 (15%) higher than Shelton.
Heartwell
Heartwell is roughly 14 miles south of Shelton. Housing prices there are substantially less expensive. The median home price in Heartwell is $42,100, which works out to $66,300 (157%) lower than Shelton. Rents there are a little more expensive. In Heartwell the median monthly rent is $756, which comes out to $98 (12%) higher than Shelton.